Loading chat...

IN SB0006

Bill

Official Source

Status

Introduced

1/3/2017

Primary Sponsor

Lonnie Randolph

Click for details

Origin

Senate

2017 Regular Session

AI Summary

  • Prohibits insurers from denying coverage under property and casualty insurance policies for damage intentionally caused by another insured, provided the original insured was unaware of the intentional act
  • Applies to insurance types described in Class 2 or Class 3 of IC 27-1-5-1
  • Requires the insurer to determine that the insured was unaware of the actions causing the damage before coverage can be provided
  • Classifies violations as unfair claim settlement practices under IC 27-4-1-4.5
  • Effective July 1, 2017

Legislative Description

Property and casualty insurance claim payment. Prohibits an insurer from denying coverage to an insured who is covered under a property and casualty insurance policy for damage caused by the intentional act of another insured if the original insured is determined to have been unaware of the intentional act.

Last Action

First reading: referred to Committee on Insurance and Financial Institutions

1/3/2017

Committee Referrals

Insurance & Financial Institutions1/3/2017

Full Bill Text

No bill text available