state_legiscan_drain · RI
Requires an insurance company to directly pay the insured's chosen appraiser and the umpire appraiser, if applicable, upon receipt of a "direction to pay" executed by an insured or claimant.
June 6, 2026
Summary
If enacted, this bill would require insurance companies in Rhode Island to directly pay the appraiser chosen by the insured or claimant, as well as the umpire appraiser, upon receiving a signed 'direction to pay' from the insured or claimant. This changes current practice where the insured may have to pay the appraiser first and seek reimbursement.
AI-generated summary · Jun 8, 2026. Verify with your compliance counsel before acting.
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Source: https://status.rilegislature.gov/
Common questions
- What does "Requires an insurance company to directly pay the insured's chosen appraiser and the umpire appraiser, if applicable, upon receipt of a "direction to pay" executed by an insured or claimant." cover?
- If enacted, this bill would require insurance companies in Rhode Island to directly pay the appraiser chosen by the insured or claimant, as well as the…
- When was it published?
- It was published on June 6, 2026.
Related updates
- Mortgagee Letter 2026-10: Updates to FHA Quality Control Requirements for Appraisal Field Reviews
- MPF Announcement 2026-40
- MPF Announcement Summary 2026-S07
- Requires an insurance company to directly pay the insured's chosen appraiser and the umpire appraiser, if applicable, upon receipt of a "direction to pay" executed by an insured or claimant.
- MPF Announcement 2026-30
- MPF Announcement Summary 2026-S06