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Office of the Revisor of Statutes

SF 137 Senate Long Description

Expanding unfair property insurance settlement practices to settling +or offering to settle claims involving damaged items for less than the +sum necessary to replace items offered for sale as new by insureds, +exempting certain written settlements or offers agreed to by the insured after +full disclosure by the insurer of options for evaluation, prohibiting +insurers from requiring the written agreement as a condition of claims payment (je)