States / Massachusetts / S 787

S 787 Reported from Committee

An Act ensuring timely insurance loss-draft payouts for homeowners

Introduced
In Committee
Floor
Crossed Over
Passed
Enacted

By Mr. Mark, a petition (accompanied by bill, Senate, No. 787) of Paul W. Mark for legislation to establish protections for homeowners by regulating mortgage lenders' handling of insurance payouts (loss drafts) after property damage. Financial Services.

Chamber
Senate
Introduced
Feb 27, 2025
Last action
Jan 12, 2026 — Bill reported favorably by committee and referred to the committee on Senate Ways and Means
Session
194th
Momentum
40 · Moderate