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Legislation watch
2018 House Bill 2322: Allowing property insurers to assist their insureds with risk mitigation goods or services
Introduced by Rep. Derek Stanford (Bothell) (D) on January 8, 2018
Referred to the House Business & Financial Services Committee on January 8, 2018
Substitute offered in the House on January 16, 2018
Authorizes a personal property insurer to include goods and services intended to reduce either the probability of loss, or the extent of loss, or both, from a covered event as part of a policy of personal property insurance, with the prior approval of the Office of the Insurance Commissioner (OIC).
? Limits the value of authorized goods and services to $1,000 per 12-month period.
Received in the Senate on January 24, 2018
Referred to the Senate Financial Institutions & Insurance Committee on January 24, 2018
Referred to the Senate Rules Committee on March 1, 2018
Amendment offered by Sen. Mark Mullet (Issaquah) (D) on March 2, 2018
Provides clarifying and technical changes that property insurers may include either goods, services, or both, to assist customers with risk mitigation and/or preventio.
The amendment passed by voice vote in the Senate on March 2, 2018
Received in the House on March 6, 2018
Passed Legislature.
Signed by Gov. Jay Inslee on March 22, 2018