Insurance Claims

AI Summary

The "Insurance Claims" bill aims to regulate the process of filing insurance claims by establishing guidelines for insurers to follow, ensuring timely and fair processing of claims. It includes provisions that mandate transparency in claim settlement procedures, prohibit unfair claim denials, and enforce penalties for non-compliance by insurance companies. The bill seeks to protect policyholders from unjust treatment during the claims process and promote accountability within the insurance industry. If enacted, this legislation could lead to improved consumer rights and increased trust in the insurance sector.

• 2023-12-05: Filed

• 2023-12-19: Referred to Insurance & Banking Subcommittee

• 2023-12-19: Referred to State Administration & Technology Appropriations Subcommittee

• 2023-12-19: Referred to Commerce Committee

• 2023-12-19: Now in Insurance & Banking Subcommittee

• 2024-01-09: 1st Reading (Original Filed Version)

• 2024-02-02: Added to Insurance & Banking Subcommittee agenda

• 2024-02-06: Favorable by Insurance & Banking Subcommittee

• 2024-02-06: Reported out of Insurance & Banking Subcommittee

• 2024-02-06: Now in State Administration & Technology Appropriations Subcommittee

• 2024-03-08: Died in State Administration & Technology Appropriations Subcommittee