SB 1224: Civil Remedies Against Insurers
GENERAL BILL by Oelrich
Civil Remedies Against Insurers; Requiring that before bringing a common-law bad faith action against an insurer, the party bringing the action must first provide to the Department of Financial Services and the insurer prior written notification of a specified number of days; requiring that a notice relating to the bringing of a common-law claim of bad faith must specify the common-law duty violated by the insurer; requiring a notice to specify the amount of moneys that an insurer has failed to tender or pay if the specific statutory or common-law-based violation includes such failure; providing that the applicable statute of limitations is tolled for a specified period of time when certain notices alleging a common-law-based violation are mailed, etc.
- Judiciary (JU)
- Banking and Insurance (BI)
- Budget (BC)
SB 1224, Original Filed Version (Current Bill Version) Posted 12/8/2011 at 1:39 PM
Bill Text: Web Page | PDF Analyses: None
Related Bills (1)
Bill Number Subject Filed By Relationship Last Action and Location Track Bills H 427 Civil Remedies Against Insurers Passidomo Identical Last Action: 1/31/2012 H Unfavorable by Civil Justice Subcommittee, laid on Table; YEAS 7 NAYS 8
Location: Laid on Table
Citations - Statutes (1)
Citation Catchline Location in Bill Location In Bill Help 624.155 Civil remedy. Page 2 (pdf)
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