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 |
X |
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. View Full Text »
Outcome
Bill Has Failed
View Bill's History
