SB 0145 | Mandates insurance coverage for innocent coinsured for losses arising from domestic violence |
Sponsor: | Russell | |||
LR Number: | L0241.01I | Fiscal Note: | 0241-01 | |
Committee: | Insurance and Housing | |||
Last Action: | 01/27/99 - Hearing Conducted S Insurance & Housing Committee | Journal page: | ||
Title: | ||||
Effective Date: | August 28, 1999 | |||
SB 145 - This act prohibits insurance companies from denying
coverage for property damage to an innocent coinsured who did not
contribute to the damage if the damage resulted from domestic
violence and the perpertrator of the damage is criminally
prosecuted for the acts causing the damage. Payment to the
innocent coinsured may be limited to his or her ownership
interest in the property as reduced by any payments to a secured
interest.
STEPHEN WITTE