Rhode Island Senate Bill 2771: 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.

Rhode Island · 2026 session

What it does

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.

Latest action

Committee recommended measure be held for further study (2026-03-31)

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