FIC: Consumer Protection Bills With Property Claims Handling and Surplus Lines Changes Move In House And Senate
By: Katrina Callaway, FIC General Counsel On January 28, 2020, House and Senate committees approved the DFS Consumer Protection bills, HB 1137 and SB 1492. A strike all amendment (678807) was approved for the House bill. The amendment alleviates some of the concerns about the bill raised by property insurers, however, some problems still…