HOUSE DOCKET, NO. 2485        FILED ON: 1/20/2011

HOUSE  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  No. 3132

 

The Commonwealth of Massachusetts

_________________

PRESENTED BY:

John P. Fresolo

_________________

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 relative to homeowners insurance.

_______________

PETITION OF:

 

Name:

District/Address:

Date Added:

John P. Fresolo

16th Worcester

1/20/2011


HOUSE DOCKET, NO. 2485        FILED ON: 1/20/2011

HOUSE  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  No. 3132

By Mr. Fresolo of Worcester, a petition (accompanied by bill, House, No. 3132) of John P. Fresolo relative to premiums for homeowners insurance.  Financial Services.

 

[SIMILAR MATTER FILED IN PREVIOUS SESSION
SEE HOUSE, NO. 906 OF 2009-2010.]

 

The Commonwealth of Massachusetts

 

_______________

In the Year Two Thousand Eleven

_______________

 

An Act relative to homeowners insurance.

 

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

Chapter 175 of the General Laws is hereby amended by inserting after section 24D the following section:- 

Section 24E.  In establishing premiums for policies authorized by clause first of section 47 based on replacement value insurer shall base such premium on no more than fifty percent of the replacement value for the multi-dwelling residential property.