Led by Susan Crane (Attorney) and Kevin Beaulieu (LSP), the LSPA assembled a team to testify before the MA Legislature’s Joint Committee on Financial Services on October 20, 2021, in support of Senate Bill 676, An Act relative to the remediation of home heating oil releases. Three homeowners recently impacted by spills, and shocked to learn the releases were not covered by their homeowners insurance, shared their unfortunate experiences. An insurance industry spokesperson was the only person to testify against the bill.
The LSPA was pleased that legislators had many follow-up questions that (we thought) showed their interest in pushing insurance companies to take a more active interest in addressing this issue.
To view the relevant portion of the hearing,
click here – LSPA testimony begins at 16:25 and runs until 41.20. The testimony of the MA Insurance Federation representative on S. 676 runs from 42:25 to 45:40. Q&A from legislators runs from 52:10 to 58:30.
The LSPA will continue to monitor progress on the bill, and pursue options for more visibility on the issue.