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 passage of the accompanying: An Act relative to homeowners insurance. _______________ PETITION OF: Name: | District/Address: | John P. Fresolo | 16th Worcester |
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
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. |
