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IN SB0019
Bill
Status
1/6/2015
Primary Sponsor
Lonnie Randolph
Click for details
AI Summary
SB 19 Summary
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Adds new Chapter 1.6 to IC 27-4-1.6 governing property and casualty insurance claim payments, effective July 1, 2015.
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Defines "property and casualty insurance" as one or more kinds of insurance described in Class 2 or Class 3 of IC 27-1-5-1.
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Prohibits insurers from denying coverage for damage intentionally caused by another insured individual if the damaged party was unaware of the intentional acts.
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Classifies violations of this chapter as unfair claim settlement practices under IC 27-4-1-4.5.
Legislative Description
Property and casualty insurance claim payment. Property and casualty insurance claim payment. Prohibits an insurer from denying coverage for damage to an insured individual under a property and casualty insurance policy if the damage was caused by the intentional acts of another insured individual and the original insured individual was unaware of the intentional acts.
Last Action
First Reading: referred to Committee on Insurance & Financial Institutions
1/6/2015