Resolution of Disputed Property Insurance Claims

Resolution of Disputed Property Insurance Claims; Requiring, rather than authorizing, parties in a property insurance claim dispute to participate in mediation; providing that mediation is a condition precedent to commencing litigation; requiring all insureds, or their representatives, to attend the mediation; requiring the policyholder to provide the insurer with any information and certain documents within a specified timeframe after mediation is invoked; revising the definition of the term “claim”, etc. APPROPRIATION: $1,000,000