MD SB345 | 2020 | Regular Session

Status

Spectrum: Partisan Bill (Democrat 1-0)
Status: Introduced on January 23 2020 - 25% progression, died in committee
Action: 2020-01-24 - Hearing 2/12 at 1:00 p.m.
Pending: Senate Finance Committee
Text: Latest bill text (Introduced) [PDF]

Summary

Repealing a certain exception that allowed an insurer to cancel or refuse to renew coverage for homeowner's insurance based on weather-related claims if there were three or more weather-related claims within the preceding 3-year period; and requiring that a certain written notice of intention to cancel or not renew a homeowner's insurance policy include a form adopted by the Maryland Insurance Commissioner that allows the insured to protest the proposed action and request a hearing 30 days after the mailing date of the notice.

Tracking Information

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Title

Homeowner's Insurance - Weather-Related Claims and Notice of Cancellation or Nonrenewal

Sponsors


History

DateChamberAction
2020-01-24SenateHearing 2/12 at 1:00 p.m.
2020-01-24SenateHearing canceled
2020-01-23SenateHearing 2/19 at 1:00 p.m.
2020-01-23SenateFirst Reading Finance

Same As/Similar To

HB333 (Crossfiled) 2020-03-02 - Unfavorable Report by Economic Matters

Subjects


Code Citations

ChapterArticleSectionCitation TypeStatute Text
Insurance27501(n/a)See Bill Text
Insurance27602(n/a)See Bill Text

Maryland State Sources


Bill Comments

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