States / Rhode Island / HB 5333
HB 5333 Failed
AN ACT RELATING TO INSURANCE-CASUALTY INSURANCE GENERALLY-LIMITATIONS ON POLICY CANCELLATIONS AND RENEWALS
Introduced
In Committee
Floor
Crossed Over
Passed
Enacted
Requires homeowner’s insurance providers to provide two months’ notice before increasing any policy more that 20%. Also caps rate increases for policy holders that are 65 years of age or older and meet certain income limits.
- Chamber
- House
- Introduced
- Feb 7, 2025
- Last action
- Mar 25, 2025 — 03/25/2025 Committee recommended measure be held for further study
- Sponsor
- Paul Santucci R
- Session
- 2025
- Momentum
- 5 · Stalled