HF 266 (LSB 1026YH (3) 87)

HOUSE FILE 266

BY  HEDDENS

A BILL FOR

An Act relating to certain actions brought under personal lines property and casualty insurance.
BE IT ENACTED BY THE GENERAL ASSEMBLY OF THE STATE OF IOWA:

    Section 1.  NEW SECTION.  515.135  Property and casualty insurance —— appeals —— costs.
   If a policyholder brings an action under a policy of property and casualty insurance to dispute a denial of coverage on the property insured, excluding personal property, and prevails in the action, the insurer shall be required to pay, in addition to damages, all reasonable costs and expenses of the policyholder, including costs of inspections, adjusters, appraisers, engineers, and any other expenses reasonably attributable to the action, including reasonable attorney fees.
EXPLANATION
The inclusion of this explanation does not constitute agreement with
the explanation’s substance by the members of the general assembly.
   This bill provides that if a policyholder brings an action under a policy of property and casualty insurance to dispute a denial of coverage on the policyholder’s property insured, excluding personal property, and prevails in the action, the insurer is required to pay, in addition to damages, all reasonable costs and expenses of the policyholder, including costs of inspections, adjusters, appraisers, engineers, and any other expenses reasonably attributable to the action, including reasonable attorney fees.