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Bill > A1647


NJ A1647

NJ A1647
Prohibits homeowners' insurers from raising rates of insured on basis of insured's appeal of claim determination.


summary

Introduced
01/09/2024
In Committee
01/09/2024
Crossed Over
Passed
Dead
01/12/2026

Introduced Session

2024-2025 Regular Session

Bill Summary

This bill prohibits insurers that are authorized to transact the business of homeowners' insurance in this State from assigning risk to a rating plan or otherwise raising the rates of an insured on the basis of an insured's appeal of a claim determination of the insurer.

AI Summary

This bill prohibits homeowners' insurers in New Jersey from raising the rates of an insured on the basis of the insured's appeal of a claim determination made by the insurer. The bill applies to insurance contracts delivered, issued, executed, or renewed on or after the effective date.

Committee Categories

Business and Industry

Sponsors (1)

Last Action

Introduced, Referred to Assembly Financial Institutions and Insurance Committee (on 01/09/2024)

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