BILL · 2021–22 SESSION

SB 5351: Business interruption claims

Concerning business interruption insurance claims.

Summary

  • Extends the minimum limit to a right of action against an insurer from one year to two years.
  • Establishes that every property insurance policy containing a grant of coverage for direct physical loss of or damage to property must be interpreted as deprivation and loss of the ability to use the property.

From the Senate Bill Report (SB 5351), written by the Legislature's nonpartisan staff. Read the full report ↗

Did not pass Did not pass · died in committee
  1. IntroducedJan 26, 2021
  2. Out of committeestopped here
  3. Passed Senate
  4. Passed House
  5. Governor
  6. Law
Prime sponsor
Senator (D-46)
Introduced
January 26, 2021 in the Senate
Last action
January 10, 2022
Budget
Has a fiscal note

AN ACT Relating to business interruption insurance claims;

Sponsors

Votes

No recorded floor votes. This measure never reached a floor vote.

History

  1. By resolution, reintroduced and retained in present status.
  2. First reading, referred to Business, Financial Services & Trade.

SB 5351 in other sessions

Bill numbers restart every two years, so the same number is a different bill in each session.

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