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2001 SESSION
HB 2299 Remedy for the arbitrary refusal of a motor vehicle insurance claim.
Introduced by: R. Creigh Deeds | all patrons ... notes | add to my profiles
SUMMARY AS INTRODUCED:
Remedy for the arbitrary refusal of a motor vehicle insurance claim. Makes the insurer's bad faith denial, refusal, or failure to pay an insured's claim, no matter what amount, subject to the provisions requiring that, upon a finding by the court of such bad faith, the insured is liable to the insured for double the amount of the judgment, together with reasonable attorney's fees and expenses.
FULL TEXT
HISTORY
- 01/10/01 House: Presented & ordered printed, prefiled 01/10/01 019504840
- 01/10/01 House: Referred to Committee on Corporations, Insurance and Banking
- 01/19/01 House: Assigned to C. I. B. sub-committee: 3
- 01/23/01 House: Passed by indefinitely in C. I. B. (14-Y 9-N)