HB166 Alabama 2012 Session
Signed by Governor
Bill Summary
Sponsors
Session
Regular Session 2012
Title
Homeowners insurance, homeowner policyholders provided certain information and rights regarding homeowners policies, violations under Unfair Trade Practices Act, Homeowners Bill of Rights Act
Description
<p class="bill_description"> This bill would provide for the Alabama
Homeowners Bill of Rights Act</p><p class="bill_description">
This bill would require insurance carriers
to provide to homeowner policyholders an outline of
policy coverage and a standard checklist of policy
contents at the time of sale and annually
thereafter; provide specific rights of
policyholders regarding pricing, advertising,
financial assurances, readable policies, balanced
regulation by the Department of Insurance,
inquiring about the licensing status of insurance
personnel, cancellation rights, timely claim
payment, the receiving of copies of certain reports
relating to claim estimates, filing complaints,
fair treatment, and rejection of settlement offers</p><p class="bill_description">
This bill would specify that the act does
not create a civil cause of action, and to provide
that violations of this act shall be punishable as
a violation of the Unfair Trade Practices Act</p><p class="bill_description">
Amendment 621 of the Constitution of Alabama
of 1901, now appearing as Section 111.05 of the
Official Recompilation of the Constitution of
Alabama of 1901, as amended, prohibits a general
law whose purpose or effect would be to require a
new or increased expenditure of local funds from
becoming effective with regard to a local
governmental entity without enactment by a 2/3 vote
unless: it comes within one of a number of
specified exceptions; it is approved by the
affected entity; or the Legislature appropriates
funds, or provides a local source of revenue, to
the entity for the purpose</p><p class="bill_description">
The purpose or effect of this bill would be
to require a new or increased expenditure of local
funds within the meaning of the amendment. However,
the bill does not require approval of a local
governmental entity or enactment by a 2/3 vote to
become effective because it comes within one of the
specified exceptions contained in the amendment</p><p class="bill_entitled_an_act"> To provide for the Alabama Homeowners Bill of Rights
Act; to require insurance carriers to provide to homeowner
policyholders an outline of policy coverage and a standard
checklist of policy contents at the time of sale and annually
thereafter; to provide specific rights of policyholders
regarding pricing, advertising, financial assurances, readable
policies, balanced regulation by the Department of Insurance,
inquiring about the licensing status of insurance personnel,
cancellation rights, timely claim payment, the receiving of
copies of certain reports relating to claim estimates, filing
complaints, fair treatment, and rejection of settlement
offers; to specify that violations of this act shall be
punishable as a violation of the Unfair Trade Practices Act;
and in connection therewith would have as its purpose or
effect the requirement of a new or increased expenditure of
local funds within the meaning of Amendment 621 of the
Constitution of Alabama of 1901, now appearing as Section
111.05 of the Official Recompilation of the Constitution of
Alabama of 1901, as amended.
</p>
Subjects
Insurance
Bill Actions
| Action Date | Chamber | Action |
|---|---|---|
| May 16, 2012 | Delivered to Governor at 11:42 p. m. on May 16, 2012. | |
| May 16, 2012 | Assigned Act No. 2012-510. | |
| May 16, 2012 | Clerk of the House Certification | |
| May 16, 2012 | Signature Requested | |
| May 16, 2012 | Enrolled | |
| May 16, 2012 | Passed Second House | |
| May 16, 2012 | Motion to Read a Third Time and Pass adopted Roll Call 1518 | |
| May 16, 2012 | Third Reading Passed | |
| May 9, 2012 | Read for the second time and placed on the calendar | |
| May 8, 2012 | Read for the first time and referred to the Senate committee on Finance and Taxation Education | |
| May 3, 2012 | Engrossed | |
| May 3, 2012 | McClendon intended to vote Yea | |
| May 3, 2012 | Motion to Read a Third Time and Pass adopted Roll Call 1273 | |
| May 3, 2012 | Motion to Adopt adopted Roll Call 1272 | |
| May 3, 2012 | Insurance first Substitute Offered | |
| May 3, 2012 | Third Reading Passed | |
| April 19, 2012 | Read for the second time and placed on the calendar with 1 substitute and | |
| February 7, 2012 | Read for the first time and referred to the House of Representatives committee on Insurance |
Bill Text
Bill Votes
Bill Documents
| Type | Link |
|---|---|
| Bill Text | HB166 Alabama 2012 Session - Introduced |
| Bill Text | HB166 Alabama 2012 Session - Engrossed |