HOUSE DOCKET, NO. 1912        FILED ON: 1/17/2013

HOUSE  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  No. 942

 

The Commonwealth of Massachusetts

_________________

PRESENTED BY:

Robert M. Koczera

_________________

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 homeowner insurance.

_______________

PETITION OF:

 

Name:

District/Address:

Date Added:

Robert M. Koczera

11th Bristol

 

Mark C. Montigny

Second Bristol and Plymouth

 


HOUSE DOCKET, NO. 1912        FILED ON: 1/17/2013

HOUSE  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  No. 942

By Mr. Koczera of New Bedford, a petition (accompanied by bill, House, No. 942) of Robert M. Koczera and Mark C. Montigny relative to homeowner insurance.  Financial Services.

 

[SIMILAR MATTER FILED IN PREVIOUS SESSION
SEE HOUSE, NO. 286 OF 2011-2012.]

 

The Commonwealth of Massachusetts

 

_______________

In the Year Two Thousand Thirteen

_______________

 

An Act relative to homeowner 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 1. Section 99 of Chapter 175 of the General Laws, as appearing in the 2004 Official Edition, is hereby amended after line 349 by adding the following new text:-

Seventeenth.  Nothing listed in this section shall prohibit a company from issuing a contract to insure against loss by fire or other perils that excludes coverages for wind based damages.

SECTION 2.  The Massachusetts Property Insurance Underwriting Association, as established under Chapter 175C of the General Laws, shall be hereby directed to develop and implement a residual market for wind based damages, for applicants who are unable to obtain such coverage in the voluntary market.