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Fire insurance; assignment of claims prohibited. Prohibits a fire insurance policy or a fire insurance policy in combination with other coverages from assigning or otherwise transferring, in whole or in part, to any other person the duties, rights, or benefits of the insured under the policy arising from a claim or covered loss without written consent of the insurer. Any such contract provision is void and unenforceable under the bill. This bill is identical to HB 1628.
Introduced
Jan 7, 2025
Last Action
Mar 19, 2025
Session
VA 2025
Sponsors
1 primary · 1 co
Acts of Assembly Chapter text (CHAP0134)
Approved by Governor-Chapter 134 (Effective 07/01/25)
Governor's Action Deadline 11:59 p.m., March 24, 2025
Enrolled Bill Communicated to Governor on February 20, 2025
Fiscal Impact Statement from State Corporation Commission (SB1154)
Signed by President
Bill text as passed Senate and House (SB1154ER)
Signed by Speaker
Enrolled
Read third time
Passed House (94-Y 0-N)
Read second time
Reported from Labor and Commerce (21-Y 0-N)
Referred to Committee on Labor and Commerce
Read first time
Placed on Calendar
Read third time and passed Senate (38-Y 0-N)
Read second time
Engrossed by Senate
Constitutional reading dispensed (on 1st reading) (40-Y 0-N)
Passed by for the day
Rules suspended
Reported from Commerce and Labor (15-Y 0-N)
Fiscal Impact Statement from State Corporation Commission (SB1154)
Referred to Committee on Commerce and Labor
Prefiled and ordered printed; Offered 01-08-2025 25102464D
Get a plain-English explanation of what this bill does, who it affects, and why it matters.
Acts of Assembly Chapter text (CHAP0134)
Mark D. Obenshain