SB55 Alabama 2019 Session
Bill Summary
Under existing law, the Property Insurance Clarity Act requires insurers authorized to transact homeowners insurance in this state, to annually submit certain information to the Department of Insurance regarding incurred losses, policies in force, and earned premium for the prior calendar year
This bill would authorize the Commissioner of Insurance to create educational and informational programs and presentations for consumers regarding insurance and other matters regulated by the department
This bill would also add hurricanes and nonhurricane wind and hail to the list of perils for which information is to be provided by insurers to the department
Relating to insurance; to amend Sections 27-2-7 and 27-22-21, Code of Alabama 1975, to authorize the Commissioner of Insurance to create educational and informational programs and presentations for consumers; and to add hurricanes and nonhurricane wind and hail within the list of perils that insurers writing homeowners insurance are required to provide information regarding to the department pursuant to the Property Insurance Clarity Act.
Bill Actions
Action Date | Chamber | Action |
---|---|---|
April 16, 2019 | S | Pending third reading on day 11 Favorable from Banking and Insurance |
April 16, 2019 | S | Read for the second time and placed on the calendar |
March 5, 2019 | S | Read for the first time and referred to the Senate committee on Banking and Insurance |
Bill Calendar
Type | Date | Location | Description |
---|---|---|---|
Hearing | April 10, 2019 | Room 320 at 13:00 | Senate B&I Hearing |
Bill Text
Bill Documents
Type | Link |
---|---|
Bill Text | SB55 Alabama 2019 Session - Introduced |