Insurance companies would have to state clearly on the front page of their policies what risks they don't cover under bipartisan legislation introduced last week in the U.S. Senate.
Introduction of the bill by Sens. Trent Lott, R-Miss., and Mark Dayton, D-Minn., came under immediate criticism from an insurer group.
Sen. Lott has been at odds with the industry since Hurricane Katrina, which heavily damaged his home and saw him clash with his carrier over the claim. He filed suit against his insurer, State Farm, last December.
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