Settlement payment; insurer to provide notice to a judgment creditor upon payment of $5,000. (SB511)

Introduced By

Sen. Tommy Norment (R-Williamsburg)

Progress

Introduced
Passed Committee
Passed House
Passed Senate
Signed by Governor
Became Law

Description

Notification of settlement payment.  Requires an insurer to provide notice to a judgment creditor or claimant upon the payment of at least $5,000 in settlement or satisfaction of a third-party liability claim to the attorney or representative of the judgment creditor or claimant. Read the Bill »

Outcome

Bill Has Failed

History

DateAction
01/13/2010Prefiled and ordered printed; offered 01/13/10 10100819D
01/13/2010Referred to Committee on Commerce and Labor
02/12/2010Impact statement from SCC (SB511)
02/15/2010Reported from Commerce and Labor (13-Y 2-N) (see vote tally)
02/16/2010Constitutional reading dispensed (38-Y 0-N) (see vote tally)
02/16/2010Read second time and engrossed
02/16/2010Constitutional reading dispensed (40-Y 0-N) (see vote tally)
02/16/2010Passed Senate (38-Y 2-N) (see vote tally)
02/18/2010Placed on Calendar
02/18/2010Read first time
02/18/2010Referred to Committee on Commerce and Labor
03/02/2010Stricken from docket by Commerce and Labor

Video

This bill was discussed on the floor of the General Assembly. Below is all of the video that we have of that discussion, 1 clip in all, totaling 2 minutes.