HOUSE DOCKET, NO. 667        FILED ON: 1/18/2011

HOUSE  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  No. 298

 

The Commonwealth of Massachusetts

_________________

PRESENTED BY:

Ronald Mariano

_________________

To the Honorable Senate and House of Representatives of the Commonwealth of Massachusetts in General
Court assembled:

The undersigned legislators and/or citizens respectfully petition for the adoption of the accompanying bill:

An Act relating to fire insurance.

_______________

PETITION OF:

 

Name:

District/Address:

Date Added:

Ronald Mariano

3rd Norfolk

1/18/2011


HOUSE DOCKET, NO. 667        FILED ON: 1/18/2011

HOUSE  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  No. 298

By Mr. Mariano of Quincy, a petition (accompanied by bill, House, No. 298) of Ronald Mariano relative to the payment of fire insurance claims on real estate losses.  Financial Services.

 

[SIMILAR MATTER FILED IN PREVIOUS SESSION
SEE HOUSE, NO. 957 OF 2009-2010.]

 

The Commonwealth of Massachusetts

 

_______________

In the Year Two Thousand Eleven

_______________

 

An Act relating to fire insurance.

 

Be it enacted by the Senate and House of Representatives in General Court assembled, and by the authority of the same, as follows:
 

Section 97 of Chapter 175 of the General Laws, as appearing in the 2006 Official Edition, is hereby amended by inserting at the end thereof the following:-

Notwithstanding any provision in this chapter to the contrary, no such mortgagee or mortgagees shall be entitled to payment of a claim for a loss or covered real estate which equals less than ten thousand dollars, and for which such mortgagee or mortgagees are otherwise entitled to payment.