Uninsured and underinsured motorist insurance policies; bad faith. (HB1304)

Introduced By

Del. Greg Habeeb (R-Salem)

Progress

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

Description

Uninsured and underinsured motorist insurance policies; bad faith. Provides that if an insurance company denies, refuses, or fails to pay its insured, or refuses a reasonable settlement demand within the policy's coverage limits for a claim for uninsured or underinsured motorist benefits within a reasonable time after being presented with a demand for such benefits and it is subsequently found that such denial, refusal, or failure was not in good faith, then the insurance company shall be liable to the insured for the full amount of the judgment and reasonable attorney fees, expenses, and interest. Read the Bill »

Outcome

Bill Has Failed

History

DateAction
01/10/2018Committee
01/10/2018Presented and ordered printed 18104183D
01/10/2018Referred to Committee on Commerce and Labor
01/19/2018Impact statement from SCC (HB1304)
01/30/2018Assigned C & L sub: Subcommittee #2
02/06/2018Subcommittee recommends passing by indefinitely (6-Y 1-N)
02/13/2018Left in Commerce and Labor