S. 1061 · 110th Congress
Homeowners' Insurance Noncoverage Disclosure Act
- Stage
- In committee
- Sponsor
- Trent Lott
- Introduced
- 2007-03-29
- Latest action
- 2007-03-29 · Introduced in Senate
Summary
Homeowners' Insurance Noncoverage Disclosure Act - Requires state-registered insurance companies to include on the front or first page of each individual homeowner's policy a noncoverage disclosure box that restates in plain English all conditions, exclusions, and other limitations pertaining to coverage under that policy.
Treats any failure to comply as a violation of unfair or deceptive acts or practices provisions of the Federal Trade Commission Act.