HB 2399 — Prohibiting the post-loss assignment of benefits in property insurance.

What this bill does

Prohibits an assignment agreement whereby any post-loss insurance benefit under property insurance coverage is assigned or transferred from the insured to another. Establishes fines of $50,000 per violation to be enforced by the Insurance Commissioner.

From the Washington State Legislature's nonpartisan staff bill analysis. Read the full analysis ↗

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Other bills sponsored by Hackney

• ESHB 1149 — Preventing cruelty to animals.
• HB 1230 — Requiring that experience-rated group disability income insurers include all applicable rating factors and credibility formulas in rate manual filings with the insurance commissioner.
• HB 1269 — Concerning pawnbroker fees and interest rates.