Settlement payment; notification by insurer required. (SB984)
Introduced By
Sen. Mark Obenshain (R-Harrisonburg)
Progress
✓ |
Introduced |
✓ |
Passed Committee |
✓ |
Passed House |
✓ |
Passed Senate |
✓ |
Signed by Governor |
☐ |
Became Law |
Description
Notification of settlement payment. Requires an insurer that has made a payment of at least $5,000 in a single check to an attorney or other representative of a claimant or judgment creditor, in settlement or satisfaction by an insured or a third party of any claim arising out of an insurance policy issued or delivered in the Commonwealth, to notify the claimant or judgment creditor of such payment within five days after making payment. Read the Bill »
Outcome
Bill Has Passed
History
Date | Action |
---|---|
01/08/2013 | Prefiled and ordered printed; offered 01/09/13 |
01/08/2013 | Prefiled and ordered printed; offered 01/09/13 13101589D |
01/08/2013 | Referred to Committee on Commerce and Labor |
01/21/2013 | Reported from Commerce and Labor (15-Y 0-N) (see vote tally) |
01/23/2013 | Constitutional reading dispensed (40-Y 0-N) (see vote tally) |
01/24/2013 | Read second time and engrossed |
01/25/2013 | Read third time and passed Senate (38-Y 0-N) (see vote tally) |
01/25/2013 | Reconsideration of passage agreed to by Senate (40-Y 0-N) (see vote tally) |
01/25/2013 | Passed Senate (40-Y 0-N) (see vote tally) |
01/27/2013 | Impact statement from SCC (SB984) |
02/02/2013 | Placed on Calendar |
02/02/2013 | Read first time |
02/02/2013 | Referred to Committee on Commerce and Labor |
02/12/2013 | Reported from Commerce and Labor (22-Y 0-N) (see vote tally) |
02/14/2013 | Read second time |
02/15/2013 | Read third time |
02/15/2013 | Passed House BLOCK VOTE (100-Y 0-N) |
02/15/2013 | VOTE: BLOCK VOTE PASSAGE (100-Y 0-N) (see vote tally) |
02/20/2013 | Enrolled |
02/20/2013 | Bill text as passed Senate and House (SB984ER) |
02/20/2013 | Signed by Speaker |
02/21/2013 | Impact statement from SCC (SB984ER) |
02/21/2013 | Signed by President |
03/12/2013 | G Approved by Governor-Chapter 146 (effective 7/1/13) |
03/12/2013 | G Acts of Assembly Chapter text (CHAP0146) |