S 1061 · 110th Congress · Commerce

Homeowners' Insurance Noncoverage Disclosure Act

Introduced 2007-03-29· Sponsored by Sen. Lott, Trent [R-MS]· Senate

Bill Progress

✓
Introduced
2
Committee
3
Senate Vote
4
House
5
Enacted
Latest: Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.(2007-03-29)

Plain Language Summary

[AI summary unavailable — showing source text] Homeowners' Insurance Noncoverage Disclosure Act - Requires state-registered insurance companies to include on the front or first page of each individual homeowner's policy a noncoverage disclosure box that restates in plain English all conditions, exclusions, and other limitations pertaining to coverage under that policy. Treats any failure to comply as a violation of unfair or deceptive acts or practices provisions of the Federal Trade Commission Act.…

Summarized by Claude AI · Non-partisan · For informational purposes only