Change provisions relating to residential contracts, notice of cancelations, prohibited acts, and post-loss assignment of rights or benefits under the Insured Homeowners Protection Act, licenses, contracts, prohibited acts, and fees under the Public Adjusters Licensing Act, and penalties relating to fraudulent insurance acts

Summary

The legislation amends several insurance statutes to broaden what counts as a fraudulent insurance act and to set new felony and misdemeanor penalties based on the amount involved. It also changes provisions governing residential insurance contracts, cancellation notices, post‑loss assignments, and public adjuster licensing and fees. The bill failed to pass and was indefinitely postponed.

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