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Committee advances broad insurance package to boost affordability and tighten claims rules
Summary
House Bill 1344, a broad 'Insurance Affordability and Claims Integrity Act,' passed committee; it adds fines, tightens uninsured-motorist and claims-processing rules, expands a fortified-homes program and includes measures to combat staged-accident fraud.
Representative Matt Reeves presented House Bill 13 44 as a multi-part package he described as the product of a Blue Ribbon Study Committee and cross-aisle work to make insurance more affordable and claims processing more reliable. "We have an increase in nearly 40 additional fines...to hold companies accountable when there are violations…
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