· RI legislature · 2026

AN ACT RELATING TO INSURANCE -- DOMESTIC INSURANCE COMPANIES

Requires insurance companies to settle claims or request additional information within 30 days of receipt of a notice of claim. Failure to comply results in $250/day payable to the insured party.

Sponsor

Pam Lauria (D-RI)

Introduced

2026-03-04

Policy area

Finance and Financial Sector

Latest action

03/27/2026 Scheduled for hearing and/or consideration (03/31/2026)