Chapter 172

2005 -- S 0327 SUBSTITUTE A

Enacted 07/06/05

A N A C T

RELATING TO INSURANCE -- FIRE INSURANCE POLICIES AND RESERVES

Introduced By: Senators Bates, and Breene

Date Introduced: February 09, 2005

It is enacted by the General Assembly as follows:

     SECTION 1. Chapter 27-5 of the General Laws entitled "Fire Insurance Policies and

Reserves" is hereby amended by adding thereto the following section:

27-5-3.6. Notice concerning flood insurance. – Upon issuance and each renewal of

insurance policies covering standard fire insurance as defined in sections 27-5-3 and 27-5-9.1,

insurers shall provide written notice advising the policy holder that the insurance policy may not

cover damages resulting from the flood, that flood insurance may be available through the

Federal Emergency Management Agency (FEMA) National Flood Insurance Program, and to

contact their insurer or producer for assistance. The notice shall be clear and conspicuous to the

policyholder.

SECTION 2. This act shall take effect on January 1, 2006.     

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LC01706/SUB A

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