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HI SB752

Bill

Status

Passed

5/29/2025

Primary Sponsor

Angus McKelvey

Click for details

Origin

Senate

2025 Regular Session

AI Summary

  • Increases notice period for property insurers to 20 days before cancellation of residential property insurance policies, up from 10 days currently.

  • Maintains 10-day notice requirement for cancellations due to nonpayment of premium or material misrepresentation of residential property policies.

  • Keeps 30-day notice requirement for nonrenewal of all property insurance policies.

  • Applies only to policies on property used for residential purposes, including multi-family residential properties.

  • Takes effect January 1, 2026.

Legislative Description

Relating To Insurance.

Insurance

Last Action

Act 110, on 05/29/2025 (Gov. Msg. No. 1210).

5/29/2025

Committee Referrals

Consumer Protection & Commerce3/6/2025
Commerce and Consumer Protection1/23/2025

Full Bill Text

No bill text available