A revised lead paint bill incorporating several critical changes recommended by the insurance industry passed the Rhode Island Senate last week. The revised bill contains two critical changes from the original version.
First, legislators clarified language dealing with the affidavit that property owners must produce to prove than an apartment or house is lead controlled, clarifying it to show that the requirements are that of a “compliance affidavit.” Second, they added language making it clear that coverage for lead risks will be by endorsement only, and not covered under the basic policy.
Topics Politics
Was this article valuable?
Here are more articles you may enjoy.
Viewpoint: Japan’s $550B Bet on America—What it Means for the US Insurance Market
Florida Needs More – Much More – Wind Mitigation, Say Experts at OIR Summit
AI Ruling Prompts Warnings From Lawyers: Your Chats Could Be Used Against You
Electric Bills in Coal Country West Virginia Now Top Mortgage Payments 

