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Committee considers bill banning forced insurance bundling; substitute narrows scope
Summary
A committee substitute to the bill that would prohibit insurers from conditioning a homeowners policy on purchasing auto coverage was introduced and adopted for further consideration; sponsors said the substitute excludes wind/hail, flood and umbrella policies and frames the practice as an unfair method of competition.
A committee substitute to legislation prohibiting insurers from conditioning the issuance or renewal of certain residential insurance policies on the purchase of a personal automobile policy was introduced, amended and left pending by the Committee on Business & Commerce.
Senator West described the bill as targeting "enforced bundling," where an insurer conditions a homeowners policy renewal on the customer also moving their auto insurance to the same company. "We're not trying to…
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