General Assembly Proposed Bill No. 5628
January Session, 2013 LCO No. 2484
Referred to Committee on INSURANCE AND REAL ESTATE
Introduced by:
REP. BOUKUS, 22nd Dist.
General Assembly
Proposed Bill No. 5628
January Session, 2013
LCO No. 2484
Referred to Committee on INSURANCE AND REAL ESTATE
Introduced by:
REP. BOUKUS, 22nd Dist.
AN ACT CONCERNING THE CANCELLATION OR NONRENEWAL OF A HOMEOWNERS INSURANCE POLICY AND THE PREMIUMS FOR SUCH POLICY.
Be it enacted by the Senate and House of Representatives in General Assembly convened:
That title 38a of the general statutes be amended to prohibit an insurance company from cancelling or nonrenewing a homeowners insurance policy or increasing the premiums for such policy based solely on inquiries made on or a claim filed under such policy that resulted in (1) no loss coverage payment by such company for such claims, or (2) a loss coverage payment by such company for such claims of less than five hundred dollars, except that such prohibition shall not apply if the insured filed more than one claim resulting from a noncatastrophic event in a three-year period that resulted in any loss coverage payment by such company.
Statement of Purpose:
To prohibit an insurance company from cancelling or nonrenewing a homeowners insurance policy or increasing the premiums for such policy under certain circumstances.