2004 Senate Bill 1259

Require insurance claim performance reports

Introduced in the Senate

May 25, 2004

Introduced by Sen. Martha G. Scott (D-2)

To require automobile and home insurance companies to provide annual reports to the state Insurance Commission which contain the number of claims in which a claimant received benefits, the number of claims for which no benefits were paid, the number for which litigation was required, and the average time required between claims and their resolution.

Referred to the Committee on Banking and Financial Institutions