Connecticut Seal

General Assembly

Amendment

 

February Session, 2012

LCO No. 3043

   
 

*HB0523003043HDO*

Offered by:

 

REP. MEGNA, 97th Dist.

SEN. CRISCO, 17th Dist.

 

To: Subst. House Bill No. 5230

File No. 177

Cal. No. 144

Strike line 9 in its entirety and insert the following in lieu thereof:

"(b) (1) For a (A) personal risk insurance policy, as defined in section 38a-663, other than a private passenger nonfleet automobile insurance policy, (B) condominium association master policy under section 47-83, or (C) unit owners' association property insurance policy under section 47-255, issued or renewed on or"

In line 15, before "Such" insert "(2)"

In line 24, strike "(2)" and insert "(3)" in lieu thereof

After the last section, add the following and renumber sections and internal references accordingly:

"Sec. 501. Section 38a-726 of the general statutes is repealed and the following is substituted in lieu thereof (Effective July 1, 2012):

(a) No public adjuster shall charge or collect a fee if, within thirty days of a loss to a structure covered by a fire insurance policy, the insurer offers in writing to pay the full policy limits.

(b) Any fee charged to an insured by a public adjuster shall be based only on the amount of the insurance settlement proceeds actually received by the insured and shall be collected by such public adjuster after the insured has received such proceeds from the insurer."

This act shall take effect as follows and shall amend the following sections:

Sec. 501

July 1, 2012

38a-726