Bill Text: TX HB2267 | 2011-2012 | 82nd Legislature | Comm Sub
Bill Title: Relating to notice of acceptance or rejection of an insurance claim.
Sponsorship: Partisan Bill (Republican 1)
Status: (Introduced - Dead) 2011-04-27 - Committee report sent to Calendars [HB2267 Detail]
Download: Texas-2011-HB2267-Comm_Sub.html
| 82R8236 TJS-F | ||
| By: Smithee | H.B. No. 2267 | |
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| relating to notice of acceptance or rejection of an insurance | ||
| claim. | ||
| BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF TEXAS: | ||
| SECTION 1. Section 542.056, Insurance Code, is amended by | ||
| adding Subsections (e), (f), and (g) to read as follows: | ||
| (e) If an insurer pays a claim not later than the 15th | ||
| business day after the date the insurer receives all items, | ||
| statements, and forms required by the insurer to secure final proof | ||
| of loss, or not later than the 30th day if the insurer has a | ||
| reasonable basis to believe that the loss that is the subject of the | ||
| claim resulted from arson, the payment of the claim constitutes | ||
| notice of acceptance of the claim and, notwithstanding Subsection | ||
| (a), the insurer is not required to provide any other notice under | ||
| this section. | ||
| (f) If an insurer makes a partial payment on a claim under | ||
| this section or rejects any portion of a claim, the insurer shall | ||
| include a written notice with the partial payment that states the | ||
| reason for the rejection. | ||
| (g) For purposes of Subsections (e) and (f), payment | ||
| includes an electronic funds transfer to an account identified by | ||
| the claimant. | ||
| SECTION 2. The change in law made by this Act applies only | ||
| to a claim filed on or after the effective date of this Act. A claim | ||
| filed before the effective date of this Act is governed by the law | ||
| as it existed immediately before that date, and that law is | ||
| continued in effect for that purpose. | ||
| SECTION 3. This Act takes effect September 1, 2011. | ||
| COMMITTEE AMENDMENT NO. | 1 | |
| Amend H.B. No. 2267 (introduced version), on page 1, line 19, | ||
| by striking "rejection" and substituting "partial payment or the | ||
| rejection of any portion of the claim". | ||
| 82R21759 TJS-FSmithee | ||
