Tennessee has a statute, T.C.A. § 56-7-130, concerning insurance company requirements with respect to providing sink hole coverage and handling sink hole claims. The statute was recently amended, and prior to July 1, 2014, was the subject of much litigation. At issue was whether the statute requiring insurance carriers to “make available” sink hole coverage
make available
Amendment to Sinkhole Statute Clarifies Coverage Litigation
By Parks Chastain on
Posted in Coverage Issues
As many are aware, the Tennessee Legislature recently amended T.C.A. § 56-7-130, the statute requiring insurance carriers offering homeowner’s insurance in the state to “make available” sinkhole coverage to their insureds. The original statute was enacted in 2006, and its verbiage has created a few issues now going through the court systems. I wanted to comment further…