42-U.S.C.-4053
§4053 – Adjustment and Payment of Claims; Judicial Review; Limitations; Jurisdiction
Pathway
Title 42 > Chapter 50 > Subchapter II > Part A > Section 4053
Details
- Reference: Section 4053
- Legend: §4053 – Adjustment and Payment of Claims; Judicial Review; Limitations; Jurisdiction
- USCode Year: 2011
Provision Content
The insurance companies and other insurers which form, associate, or otherwise join together in the pool under this part may adjust and pay all claims for proved and approved losses covered by flood insurance in accordance with the provisions of this chapter and, upon the disallowance by any such company or other insurer of any such claim, or upon the refusal of the claimant to accept the amount allowed upon any such claim, the claimant, within one year after the date of mailing of notice of disallowance or partial disallowance of the claim, may institute an action on such claim against such company or other insurer in the United States district court for the district in which the insured property or the major part thereof shall have been situated, and original exclusive jurisdiction is hereby conferred upon such court to hear and determine such action without regard to the amount in controversy.
(Pub. L. 90–448, title XIII, §1333, Aug. 1, 1968, 82 Stat. 583; Pub. L. 98–181, title IV, §451(d)(3), Nov. 30, 1983, 97 Stat. 1229.)
References in Text
This chapter, referred to in text, was in the original a reference to “this title” meaning title XIII of Pub. L. 90–448, Aug. 1, 1968, 82 Stat. 572, known as the National Flood Insurance Act of 1968, which is classified principally to this chapter. For complete classification of this Act to the Code, see Short Title note set out under section 4001 of this title and Tables.
Amendments
1983—Pub. L. 98–181 inserted “original exclusive” before “jurisdiction”.
U.S. Encyclopedia of Law Coverage
Subchapter II – Organization and Administration of Flood Insurance Program in the Legal Encyclopedia: Public Health
In this entry about Subchapter II – Organization and Administration of Flood Insurance Program, find legal reference material, bibliographies and premiere content related to public health in the American Encyclopedia of Law, presenting a comprehensive view of the United States public health-specific issues, written by authorities in the field.
Part A – Industry Program With Federal Financial Assistance in the Legal Encyclopedia: Insurance
In this entry about Part A – Industry Program With Federal Financial Assistance, find legal reference material, bibliographies and premiere content related to insurance in the American Encyclopedia of Law, presenting a comprehensive view of the United States insurance-specific issues, written by authorities in the field.
Subchapter II – Organization and Administration of Flood Insurance Program in the Legal Encyclopedia: Flood
In this entry about Subchapter II – Organization and Administration of Flood Insurance Program, find legal reference material, bibliographies and premiere content related to flood in the American Encyclopedia of Law, presenting a comprehensive view of the United States flood-specific issues, written by authorities in the field.
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