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

DateAction
01/08/2013Prefiled and ordered printed; offered 01/09/13
01/08/2013Prefiled and ordered printed; offered 01/09/13 13101589D
01/08/2013Referred to Committee on Commerce and Labor
01/21/2013Reported from Commerce and Labor (15-Y 0-N) (see vote tally)
01/23/2013Constitutional reading dispensed (40-Y 0-N) (see vote tally)
01/24/2013Read second time and engrossed
01/25/2013Read third time and passed Senate (38-Y 0-N) (see vote tally)
01/25/2013Reconsideration of passage agreed to by Senate (40-Y 0-N) (see vote tally)
01/25/2013Passed Senate (40-Y 0-N) (see vote tally)
01/27/2013Impact statement from SCC (SB984)
02/02/2013Placed on Calendar
02/02/2013Read first time
02/02/2013Referred to Committee on Commerce and Labor
02/12/2013Reported from Commerce and Labor (22-Y 0-N) (see vote tally)
02/14/2013Read second time
02/15/2013Read third time
02/15/2013Passed House BLOCK VOTE (100-Y 0-N)
02/15/2013VOTE: BLOCK VOTE PASSAGE (100-Y 0-N) (see vote tally)
02/20/2013Enrolled
02/20/2013Bill text as passed Senate and House (SB984ER)
02/20/2013Signed by Speaker
02/21/2013Impact statement from SCC (SB984ER)
02/21/2013Signed by President
03/12/2013G Approved by Governor-Chapter 146 (effective 7/1/13)
03/12/2013G Acts of Assembly Chapter text (CHAP0146)