General Assembly Proposed Bill No. 6429
January Session, 2017 LCO No. 2529
*02529*
Referred to Committee on INSURANCE AND REAL ESTATE
Introduced by:
REP. CURREY, 11th Dist. REP. VAIL, 52nd Dist.
General Assembly
Proposed Bill No. 6429
January Session, 2017
LCO No. 2529
*02529*
Referred to Committee on INSURANCE AND REAL ESTATE
Introduced by:
REP. CURREY, 11th Dist.
REP. VAIL, 52nd Dist.
AN ACT CONCERNING CONTRACTUAL LIMITATION PERIODS FOR SUITS CONCERNING DENIAL OF PROPERTY AND CASUALTY INSURANCE CLAIMS.
Be it enacted by the Senate and House of Representatives in General Assembly convened:
That the general statutes be amended to provide that (1) no policy or contract of property or casualty insurance may be made, issued or delivered by any insurer unless the policy or contract specifies that the filing by an insured of a claim tolls the contractual limitation period for commencing suit on the insured's claim until such time as the insurer provides the insured with written notice of its decision wholly or partially denying the insured's claim, and (2) any written notice issued by an insurer to an insured wholly or partially denying the insured's property or casualty insurance claim discloses the date upon which the contractual limitation period for commencing suit on the insured's claim expires.
Statement of Purpose:
To impose contractual limitations on insurers issuing property and casualty insurance and require that insurers disclose additional information to insureds.