Vote aimed at making insurance companies and policy holders more responsible for crumbling foundatio


WHO IS RESPONSIBLE FOR TO PAY FOR THE CRUMBLING FOUNDATIONS ISSUE? A JUDICIARY COMMITTEE BILL VOTED ON TODAY WOULD MAKE THE INSURANCE COMPANIES AND POLICY HOLDERS MORE RESPONSIBLE NEWS 8'S GEORGE COLLI IS LIVE IN HARTFORD WITH MORE – GEORGE? THE JUDICIARY COMMITTEE VOTE REMAINS OPEN AT THIS HOUR

WITH SEVERAL MEMBERS PASS OR NOT VOTING DURING THE ORIGINAL ROLL CALLSENATE BILL 518 WOULD DO SEVERAL THINGSINCLUDING CHANGING THE HOMEOWNERS POLICY LANGUAGE REGARDING THE PERIL OF COLLAPSEIT ALSO EXTENDS THE STATUE OF LIMITATION FOR PERIL OF COLLAPSE ISSUESAND PLACES A 20 DOLLAR FEE ON ALL HOMEOWNERS AND CONDO POLICIES IT'S A LEGISLATIVE BATTLE THAT IS BEING FOUGHT MORE ALONG GEOGRAHIC LINESTHAN PARTY LINES

(SEN PAUL DOYLE / (D) JUDICIARY COMMITTEE CO-CHAIR) 124635 THIS IS A BILL THAT IS MEANT TO MOVE THE PROCESS FORWARD BRING EVERYONE TO THE TABLE AND TRY TO ASSIST THESE PEOPLE CAUSE YES, IT IMPACTS THE SPECIFIC HOMEOWNERS BUT I WOULD ARGUE IT IMPACTS THE STATE AS A WHOLE

(REP ROB SAMSON / (R) JUDICIARY COMMITTEE) 130215 ESSENTIALLY WHAT WE ARE DOING IS ASKING EVERY HOMEOWNERS IN THE STATE THAT HAS A HOMEOWNERS POLICY TO PATY FOR CLAIMS THAT WERE NEVER CARRIED BY INSURANCE AND WE'RE ASKING THEN TO DO THAT EVEN IF THEY DON'T HAVE THE PROBLEMS THEMSELVES WE NEED A SOLUTION I DON'T KNOW IF THIS IS IT

THE VOTE IS BEING KEPT OPEN UNTIL ATLEAST 5:30POSSIBLY LATERAT THIS TIME, IT IS TOO CLOSE TO CALL IN HARTFORD GEORGE COLLI NEWS 8

Source: Youtube


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