IN SB0266 | 2010 | Regular Session

Status

Spectrum: Partisan Bill (Democrat 1-0)
Status: Introduced on January 11 2010 - 25% progression, died in committee
Action: 2010-01-11 - First reading: referred to Committee on Insurance and Financial Institutions
Pending: Senate Insurance & Financial Institutions Committee
Text: Latest bill text (Introduced) [HTML]

Summary

Requires certain insurers to: (1) notify enforcement authorities in a municipality concerning the existence of coverage for a building or structure that is located in the municipality and damaged by fire or explosion; and (2) provide for a set aside of insurance proceeds payable with regard to the building or structure. (Currently, the law applies to certain cities.) Revises current language to clarify the process for notices. Repeals a definition rendered unnecessary by the act.

Tracking Information

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Title

Notice of insurance after fire or explosion.

Sponsors


History

DateChamberAction
2010-01-11 First reading: referred to Committee on Insurance and Financial Institutions
2010-01-11 Authored by Senator Arnold

Indiana State Sources


Bill Comments

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