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CS/CS/SB 76: Property Insurance

GENERAL BILL by Judiciary ; Banking and Insurance ; Boyd ; (CO-INTRODUCERS) Brandes

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Property Insurance; Prohibiting a person from providing claims adjusting services unless the person meets specified requirements; providing that, for certain attorney fees awarded for claims arising under surplus lines property insurance policies, a strong presumption is created that a lodestar fee is sufficient and reasonable; providing that certain provisions relating to homeowners’ policies, offers of replacement cost coverage, and offers of law and ordinance coverage do not prohibit insurers from providing specified property insurance policies by including roof surface reimbursement schedules; requiring notice of intent to initiate litigation, etc.

• CS/SB 76: Residential Property Insurance. GENERAL BILL by Banking and Insurance; Boyd Residential Property Insurance; Providing that, for certain attorney fees awarded for claims arising under property insurance policies, a strong presumption is created that a lodestar fee is sufficient and reasonable; providing that certain provisions relating to homeowners’ policies, offers of replacement.
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• A BILL To enact sections 2731.21 and 2731.22 of the Revised Code to provide for a writ of mandamus or prohibition to enforce a person's constitutional right against a chief administrative officer or elected executive official whose duty is to uphold the Ohio and United States Constitutions. BE IT ENACTED BY THE GENERAL ASSEMBLY OF THE STATE OF.
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1. Banking and Insurance (BI)
2. Judiciary (JU)
3. Rules (RC)

Please be advised effective immediately the Town of New Paltz has imposed a 1.5% transfer tax on all conveyances of real property within the Town of New Paltz or Village of New Paltz occurring on or after February 1, 2021.

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