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IN SB0014

Bill

Status

Introduced

1/3/2019

Primary Sponsor

Lonnie Randolph

Click for details

Origin

Senate

2019 Regular Session

AI Summary

  • Insurers cannot deny property and casualty insurance claims when damage is intentionally caused by one insured person against another insured person on the same policy, provided the victim was unaware of the intentional act

  • Applies to all property and casualty insurance types covered under Class 2 or Class 3 of IC 27-1-5-1

  • The insurer must determine that the claimant was unaware of the other insured's actions that caused the damage

  • Violations constitute an unfair claim settlement practice under IC 27-4-1-4.5

  • Effective date: July 1, 2019

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

Senator Bohacek added as coauthor

2/4/2019

Committee Referrals

Insurance & Financial Institutions1/3/2019

Full Bill Text

No bill text available