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House Bill 2093 |
House Author: Thompson |
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Effective: 1-1-12 |
Senate Sponsor: Van de Putte |
House Bill 2093 amends the Insurance Code to require a consolidated insurance program that provides general liability insurance coverage to provide completed operations insurance coverage for a policy period of not less than three years. The bill makes certain construction contract provisions providing indemnity or requiring additional insured coverage void and unenforceable to the extent the provisions indemnify the unlawful actions of the indemnitee or indemnitee's agent or provide prohibited coverage. The bill specifies the applicability of and exemptions from its provisions, prohibits its provisions from being waived by contract or otherwise, and sets out related provisions.