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2003 SESSION

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HB 2567 Nonrenewal of fire policies based on claims.

Introduced by: James M. Scott | all patrons    ...    notes | add to my profiles

SUMMARY AS INTRODUCED:

Nonrenewal of fire policies based on claims. Prohibits an insurer from nonrenewing a homeowner's policy based on the filing of a claim that results primarily from nonnatural causes when the insurer's underwriting standards or other business practices under which the filing of claims constitutes grounds for not renewing the policy, unless the insurer notifies the insured that his claim will be grounds for nonrenewing the policy and that the insured may withdraw such claim without prejudice. If the insured does not withdraw his filing of the claim, the processing of the claim will proceed and its filing may be considered by the insurer in deciding whether to nonrenew the policy.


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