HB608 Alabama 2010 Session
In Committee
Bill Summary
Sponsors
Session
Regular Session 2010
Title
Insurance, discretionary clause in insurance policies prohibited, interpretation clause in insurance policy to be void and unenforceable
Description
<p class="bill_description"> Under existing law, a policy or certificate
of insurance offered or issued in this state may
contain a clause reserving discretion to the
insurer to interpret the terms and to provide
standards of interpretation of the policy or
certificate</p><p class="bill_description">
This bill would provide that a clause in a
policy or certificate of insurance offered or
issued in this state which reserves discretion to
the insurer to interpret the terms and/or to
provide standards of interpretation of the policy
or certificate shall be void and unenforceable</p><p class="bill_entitled_an_act"> Relating to insurance; to provide that a clause in a
policy or certificate of insurance offered or issued in this
state which reserves discretion to the insurer to interpret
the terms and/or to provide standards of interpretation of the
policy or certificate shall be void and unenforceable.
</p>
Subjects
Insurance
Bill Actions
| Action Date | Chamber | Action |
|---|---|---|
| February 23, 2010 | Read for the first time and referred to the House of Representatives committee on Banking and Insurance |
Bill Text
Bill Documents
| Type | Link |
|---|---|
| Bill Text | HB608 Alabama 2010 Session - Introduced |