Uninsured and underinsured motorist insurance policies; bad faith. (SB1202)
Introduced By
Sen. Chap Petersen (D-Fairfax)
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 is liable to the insured for the full amount of the judgment and reasonable attorney fees, expenses, and interest. Read the Bill »
Status
03/01/2021: Failed to Pass in Committee
History
Date | Action |
---|---|
01/11/2021 | Prefiled and ordered printed; offered 01/13/21 21100921D |
01/11/2021 | Referred to Committee on Commerce and Labor |
01/18/2021 | Impact statement from SCC (SB1202) |
01/18/2021 | Reported from Commerce and Labor (14-Y 1-N) (see vote tally) |
01/20/2021 | Constitutional reading dispensed (39-Y 0-N) (see vote tally) |
01/21/2021 | Read second time and engrossed |
01/22/2021 | Read third time and passed Senate (29-Y 9-N) (see vote tally) |
02/02/2021 | Placed on Calendar |
02/02/2021 | Read first time |
02/02/2021 | Referred to Committee on Labor and Commerce |
02/08/2021 | Continued to Special Session 1 in Labor and Commerce |
02/10/2021 | Assigned L & C sub: Subcommittee #2 |
02/11/2021 | Subcommittee recommends no action |
02/16/2021 | House committee, floor amendments and substitutes offered |
02/16/2021 | Subcommittee recommends laying on the table (7-Y 1-N) |
03/01/2021 | Left in Labor and Commerce |