HB 447
AN ACT relating to unfair claims settlement practices.
In Plain Language
This bill makes it illegal for insurance companies to change an adjuster's report on a homeowner's insurance claim without giving the homeowner specific documents explaining why. It applies to reports from independent adjusters, staff adjusters, or public adjusters.
Official summary
Amend KRS 304.12-230 to establish an unfair claims settlement practice relating to the alteration of an independent adjuster's, staff adjuster's, or public adjuster's report in connection with a homeowner's insurance claim without providing certain documentation to the insured.
Sponsor
—
Cosponsors
None listed
Latest action
to Banking & Insurance (H)
Feb 14, 2025
Official source
Action history
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