SB0052

Property Insurance - Settlement of Claims and Notices

Establishing the method for calculating the measure of the actual cash value recovery in the settlement of a first-party claim under a residential or commercial property insurance policy issued or renewed on or after October 1, 2026; and requiring an insurer that renews a policy of homeowner's insurance or renter's insurance to notify the insured, in advance of the renewal, of certain differences between the expiring policy and the renewal policy.

1 bill selected

Basic Information

Status
Chaptered
Session
2026 Regular Session
Type
Unknown
Cross-filed
HB0283

Links

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Upcoming Events

Hearing
January 28, 2026 at 14:00
📍 Finance
Hearing - Finance Committee

Sponsors

Chair, Finance Committee
Maryland Insurance Administration
Departmental