SB01322: An Act Requiring Studies Of Insurance Pooling For Nonprofit Organizations And Certain Practices By Homeowners Insurance Companies.
Legislative Summary
To: (1) Protect nonprofit human services providers from liability for injuries caused by negligent acts or omissions of the state or third parties; (2) require the Insurance Commissioner to conduct a feasibility study of general and automobile liability insurance pooling for nonprofit organizations; (3) require the Insurance Commissioner to conduct a study of homeowners insurance practices requiring policyholders to make repairs or modifications to such policyholders' residential properties as a condition of granting or maintaining homeowners insurance coverage; and (4) exempt nonprofit organizations from certain automobile insurance and bond requirements.
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