Bill
SB 55
AN ACT RELATING TO STATE AFFAIRS AND GOVERNMENT -- THE RHODE ISLAND HEALTH CARE REFORM ACT OF 2004 -- HEALTH INSURANCE OVERSIGHT
2025 Regular Session
Introduced by Alana DiMario and 9 co-sponsors
Requires residential insurers to pay the replacement cost minus depreciation up front, then release the remaining recoverable depreciation after repairs, up to policy limits.
03/18/2025 Committee recommended measure be held for further study