Insurance; proof of loss; claims; property insurance; effective date.

Summary

The bill forces insurers to supply proof‑of‑loss forms when requested and to send a written settlement offer or denial within 60 days of receiving the form. It sets rules for who can recover attorney fees and interest, especially limiting those recoveries in property insurance cases. The changes aim to speed claim resolutions and clarify cost recovery.

AI-generated summary — may be incomplete or inaccurate. Verify against the official bill text.

Topics

Share