SB 370 – Prohibits homeowner insurers from cancelling or nonrenewing policies based upon claim inquiries

• Sponsor: Dougherty
• LR Number: 1591S.01I
• Committee: Small Business, Insurance & Industrial Relations
• Last Action: 2/22/2005 - Second Read and Referred S Small Business, Insurance & Industrial Relations Committee
• Journal Page: S269
• Effective Date: August 28, 2005

Current Bill Summary

SB 370 - This act prohibits an insurer from increasing premium rates, cancelling a policy, or refusing to issue or renew a homeowner's insurance policy on the basis of a policyholder inquiring about making a claim, if such policyholder does not in fact submit a claim. The act further provides that the insurer shall not consider an inquiry into to the type or level of coverage as a claim. No insurer shall keep a record of such inquiries for the purpose of determining cancellations, renewals or nonrenewals. A violation of this act shall be deemed an unfair trade practice.

STEPHEN WITTE