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| 2 | 2 | | SENATE DOCKET, NO. 1156 FILED ON: 1/19/2023 |
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| 3 | 3 | | SENATE . . . . . . . . . . . . . . No. 702 |
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| 4 | 4 | | The Commonwealth of Massachusetts |
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| 5 | 5 | | _________________ |
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| 6 | 6 | | PRESENTED BY: |
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| 7 | 7 | | Marc R. Pacheco |
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| 8 | 8 | | _________________ |
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| 9 | 9 | | To the Honorable Senate and House of Representatives of the Commonwealth of Massachusetts in General |
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| 10 | 10 | | Court assembled: |
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| 11 | 11 | | The undersigned legislators and/or citizens respectfully petition for the adoption of the accompanying bill: |
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| 12 | 12 | | An Act relative to homeowners' fire insurance policies. |
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| 13 | 13 | | _______________ |
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| 14 | 14 | | PETITION OF: |
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| 15 | 15 | | NAME:DISTRICT/ADDRESS :Marc R. PachecoThird Bristol and Plymouth 1 of 2 |
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| 16 | 16 | | SENATE DOCKET, NO. 1156 FILED ON: 1/19/2023 |
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| 17 | 17 | | SENATE . . . . . . . . . . . . . . No. 702 |
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| 18 | 18 | | By Mr. Pacheco, a petition (accompanied by bill, Senate, No. 702) of Marc R. Pacheco for |
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| 19 | 19 | | legislation relative to the homeowners' fire insurance policies. Financial Services. |
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| 20 | 20 | | [SIMILAR MATTER FILED IN PREVIOUS SESSION |
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| 21 | 21 | | SEE SENATE, NO. 721 OF 2021-2022.] |
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| 22 | 22 | | The Commonwealth of Massachusetts |
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| 23 | 23 | | _______________ |
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| 24 | 24 | | In the One Hundred and Ninety-Third General Court |
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| 25 | 25 | | (2023-2024) |
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| 26 | 26 | | _______________ |
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| 27 | 27 | | An Act relative to homeowners' fire insurance policies. |
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| 28 | 28 | | Be it enacted by the Senate and House of Representatives in General Court assembled, and by the authority |
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| 29 | 29 | | of the same, as follows: |
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| 30 | 30 | | 1 Section 193P of Chapter 175 of the General Laws, as appearing in the 2020 Official |
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| 31 | 31 | | 2Edition, is hereby amended by striking the first paragraph and inserting in place thereof the |
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| 32 | 32 | | 3following new text:- |
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| 33 | 33 | | 4 "No insurance company shall cancel or non-renew a fire insurance policy without good |
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| 34 | 34 | | 5cause. Except as otherwise specifically provided in this chapter, no policy providing protection |
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| 35 | 35 | | 6against loss by reason of fire to a dwelling or contents thereof shall be issued unless it contains a |
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| 36 | 36 | | 7provision that the insurer will give written notice of its intent not to renew or reissue a policy to |
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| 37 | 37 | | 8the insured at least sixty days prior to the expiration of the policy which notice shall state or be |
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| 38 | 38 | | 9accompanied by a detailed explanation of such decision. The explanation shall include the |
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| 39 | 39 | | 10reasons for the policy non-renewal or cancellation and measures the insured may take to mitigate 2 of 2 |
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| 40 | 40 | | 11such reasons. In a manor not otherwise inconsistent with the general laws, The Division of |
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| 41 | 41 | | 12Insurance shall promulgate regulations herein under to enforce the provisions of this act.” |
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