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1996 SESSION

• | print version

HB 1391 Uninsured motorist insurance coverage.

Introduced by: Ward L. Armstrong | all patrons    ...    notes | add to my profiles

SUMMARY:

Motor vehicle insurance; uninsured motorist insurance coverage. Establishes procedures for shifting defense costs from an underinsured motorist's (operator) liability insurance carrier to the claimant's carrier for underinsurance coverage. Defense costs may be shifted under this bill whenever the operator's carrier (i) tenders the policy's coverage limits to the claimant and (ii) solicits payment of a proportionate share of the defense costs from the underinsurance carrier. If the underinsurance carrier refuses to pay a proportionate share of the defense costs within 60 days of the demand therefor and a judgment is subsequently entered against the operator for an amount exceeding the policy limits previously tendered, the operator's carrier may recover such defense

FULL TEXT

• 01/22/96  House: Presented & ordered printed 961045114  pdf

HISTORY

• 01/22/96  House: Presented & ordered printed 961045114
• 01/22/96  House: Referred to Committee on Corporations, Insurance and Banking
• 01/30/96  House: Failed to report w/amds. (defeated) in C. I. B. (9-Y 11-N)