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H. 3414
STATUS INFORMATION
General Bill
Sponsors: Rep. Rutherford
Document Path: l:\council\bills\sm\20120ph21.docx
Introduced in the House on January 12, 2021
Currently residing in the House Committee on Labor, Commerce and Industry
Summary: Insurance
HISTORY OF LEGISLATIVE ACTIONS
Date Body Action Description with journal page number ------------------------------------------------------------------------------- 12/9/2020 House Prefiled 12/9/2020 House Referred to Committee on Labor, Commerce and Industry 1/12/2021 House Introduced and read first time (House Journal-page 187) 1/12/2021 House Referred to Committee on Labor, Commerce and Industry (House Journal-page 187)
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VERSIONS OF THIS BILL
TO AMEND THE CODE OF LAWS OF SOUTH CAROLINA, 1976, BY ADDING SECTION 38-75-70 SO AS TO PREVENT AN INSURER FROM DENYING A CLAIM ARISING FROM A LEAK UNDER CERTAIN CIRCUMSTANCES.
Be it enacted by the General Assembly of the State of South Carolina:
SECTION 1. Article 1, Chapter 75, Title 38 of the 1976 Code is amended by adding:
"Section 38-75-70. An insurer may not deny a claim arising from a leak on the basis of the leak occurring over an extended period of time unless the insured had actual knowledge of the leak and failed to undertake actions to repair or replace the source of the leak."
SECTION 2. This act takes effect upon approval by the Governor.
This web page was last updated on
January 26, 2021 at 10:38 AM