VirginiaFire insurance; assignment of claims prohibited.
What it does
Fire insurance; assignment of claims prohibited. Prohibits a fire insurance policy or a fire insurance policy in combination with other coverages from assigning or otherwise transferring, in whole or in part, to any other person the duties, rights, or benefits of the insured under the policy arising from a claim or covered loss without written consent of the insurer. Any such contract provision is void and unenforceable under the bill.
More detail
This bill is identical to HB 1628.
Where do you stand?
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Where it stands
- Introduced
- Passed Senate
- Passed House
- To Governor
- Became Law
Looking ahead
No hearings or votes scheduled.
History
- 2025
- Mar 19Acts of Assembly Chapter text (CHAP0134)Latest
- Mar 19Approved by Governor Glenn Youngkin-Chapter 134 (Effective 07/01/25)Became Law
- Feb 20Governor's Action Deadline 11:59 p.m., March 24, 2025To Governor
- Feb 20Enrolled Bill Communicated to Governor on February 20, 2025Minor
- Feb 19Fiscal Impact Statement from State Corporation Commission (SB1154)
- Feb 16Signed by PresidentMajor
- Feb 13Signed by SpeakerMajor
- Feb 13Bill text as passed Senate and House (SB1154ER)Major
- Feb 13EnrolledMinor
- Feb 11Passed House (94-Y 0-N)Passed House
- Vote recorded Passed House (94-Y 0-N). Result: pass.Lower
- Feb 11Read third timeMinor
- Feb 10Read second timeMinor
- Feb 6Reported from Labor and Commerce (21-Y 0-N)Minor
- Vote recorded Reported from Labor and Commerce (21-Y 0-N). Result: pass.Lower
- Feb 3Referred to Committee on Labor and CommerceMinor
- Feb 3Read first timeMinor
- Feb 3Placed on Calendar
- Jan 24Read third time and passed Senate (38-Y 0-N)Passed Senate
- Vote recorded Read third time and passed Senate (38-Y 0-N). Result: pass.Upper
- Jan 23Engrossed by Senate
- Jan 23Read second timeMinor
- Jan 22Passed by for the day
- Vote recorded Constitutional reading dispensed (on 1st reading) (40-Y 0-N). Result: pass.Upper
- Jan 22Constitutional reading dispensed (on 1st reading) (40-Y 0-N)
- Jan 22Rules suspended
- Jan 20Reported from Commerce and Labor (15-Y 0-N)Minor
- Vote recorded Reported from Commerce and Labor (15-Y 0-N). Result: pass.Upper
- Jan 18Fiscal Impact Statement from State Corporation Commission (SB1154)
- Jan 7Referred to Committee on Commerce and LaborMinor
- Jan 7Prefiled and ordered printed; Offered 01-08-2025 25102464DIntroduced