Uninsured motorist insurance; authorizes insurer to assume control of defense of a certain action. (SB879)

Introduced By

Sen. Steve Martin (R-Chesterfield)

Progress

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

Description

Uninsured motorist insurance. Authorizes an underinsured motorist insurer to assume control, for its own benefit, of the defense of an action involving its underinsured motorist coverage if the insurer for the putative at-fault insured settles, in part, the claims against its insured by payment of its applicable liability limits on behalf of its insured. The measure, which is based on a South Carolina statute, provides that an underinsured motorist insurer has 30 days after service of process in which to appear and defend in the name of the underinsured motorist an action that may affect its liability. The evidence of service upon the insurer may not be made a part of the record. The measure also prohibits an underinsured motorist policy from containing a clause requiring the insurer's consent to settlement with the at-fault party. Read the Bill »

Outcome

Bill Has Failed

History

DateAction
12/30/2008Prefiled and ordered printed; offered 01/14/09
12/30/2008Prefiled and ordered printed; offered 01/14/09 089787268
12/30/2008Referred to Committee on Commerce and Labor
02/02/2009Stricken at request of Patron in Commerce and Labor (14-Y 0-N) (see vote tally)