House File 2583 - Introduced HOUSE FILE BY COMMITTEE ON JUDICIARY (SUCCESSOR TO HSB 668) Passed House, Date Passed Senate, Date Vote: Ayes Nays Vote: Ayes Nays Approved A BILL FOR 1 An Act relating to certain liability insurance policy information 2 required to be given to claimants. 3 BE IT ENACTED BY THE GENERAL ASSEMBLY OF THE STATE OF IOWA: 4 TLSB 6432HV 82 5 av/nh/14 PAG LIN 1 1 Section 1. NEW SECTION. 515.134A POLICY INFORMATION == 1 2 DUTY TO PROVIDE. 1 3 1. Upon the written request of a claimant or a claimant's 1 4 representative, an insurer that is providing or may provide 1 5 liability insurance coverage of the claimant's claim or a 1 6 portion of that claim under a policy of insurance, shall, 1 7 within thirty days, provide a written statement, made by an 1 8 authorized person, stating the limits of any liability 1 9 insurance coverage. The statement shall include the limits of 1 10 liability insurance coverage with respect to each policy of 1 11 insurance issued by that insurer, including excess or umbrella 1 12 insurance, under which such coverage is being provided or may 1 13 be provided. 1 14 2. Information provided to a claimant or a claimant's 1 15 representative pursuant to this section shall be amended 1 16 within fourteen days of the discovery that the information 1 17 provided is incorrect. 1 18 EXPLANATION 1 19 This bill requires insurers to provide certain information 1 20 about insurance policies that are providing or may provide 1 21 liability insurance coverage to a claimant, upon the request 1 22 of the claimant or the claimant's representative, and to 1 23 update the information provided upon the discovery that it is 1 24 not correct. 1 25 LSB 6432HV 82 1 26 av/nh/14