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2021 SESSION
SB 1202 Uninsured and underinsured motorist insurance policies; bad faith.
Introduced by: J. Chapman Petersen | all patrons ... notes | add to my profiles
SUMMARY AS INTRODUCED:
Uninsured and underinsured motorist insurance policies; bad faith. Provides that if an insurance company denies, refuses, or fails to pay its insured, or refuses a reasonable settlement demand within the policy's coverage limits, for a claim for uninsured or underinsured motorist benefits within a reasonable time after being presented with a demand for such benefits and it is subsequently found that such denial, refusal, or failure was not in good faith, then the insurance company is liable to the insured for the full amount of the judgment and reasonable attorney fees, expenses, and interest.
FULL TEXT
HISTORY
- 01/11/21 Senate: Prefiled and ordered printed; offered 01/13/21 21100921D
- 01/11/21 Senate: Referred to Committee on Commerce and Labor
- 01/18/21 Senate: Reported from Commerce and Labor (14-Y 1-N)
- 01/20/21 Senate: Constitutional reading dispensed (39-Y 0-N)
- 01/21/21 Senate: Read second time and engrossed
- 01/22/21 Senate: Read third time and passed Senate (29-Y 9-N)
- 02/02/21 House: Placed on Calendar
- 02/02/21 House: Read first time
- 02/02/21 House: Referred to Committee on Labor and Commerce
- 02/08/21 House: Continued to Special Session 1 in Labor and Commerce by voice vote