- Associated Press - Wednesday, April 30, 2014

TALLAHASSEE, Fla. (AP) - Insurers could not use credit information to deny a claim or cancel a policy under a bill now headed to the desk of Gov. Rick Scott.

The Florida House voted unanimously for a bill that would also create a “homeowner claims bill of rights” that requires insurers to spell out to homeowners what they can expect when they file a claim.

The legislation (SB 708) is a top priority for Chief Financial Officer Jeff Atwater. He said he pushed the bill after getting thousands of calls from consumers confused about how to file a claim.

The credit provision would apply to any policy that has been in effect for more than 90 days. This provision came out of a dispute between regulators and one of Florida’s largest insurance companies.

Copyright © 2016 The Washington Times, LLC.

blog comments powered by Disqus

 

Click to Read More

Click to Hide