A 5629 New York Assembly · 2019 Regular Session

Provides for liability insurer payment of judgment in excess of policy limits when it fails to fairly settle the claim

Summary
Provides that a liability insurer may be sued for and the plaintiff may recover compensatory damages where the insurer failed to effectuate prompt and fair settlement of the claim and considered its interests to the detriment of the insured so as to cause the rendering of a judgment in excess of the policy limits.
Bill status in committee 1 of 4 stages cleared
Introduction
Feb 2019
Committee Review
Floor Vote
Governor
Introduced Feb 14, 2019 Last action Jan 8, 2020
Floor votes

How they voted

No floor votes recorded yet.
Full legislative history

Actions timeline

Total actions
7
Key actions
0
Committee
6
Amendments
1
Jan 8, 2020
Assembly · Referred to committee
REFERRED TO CODES
Jun 13, 2019
Assembly · Referred to committee
AMEND AND RECOMMIT TO RULES 5629B
Jun 11, 2019
Assembly · Referred to committee
REPORTED REFERRED TO RULES
Jun 5, 2019
Assembly · Referred to committee
REPORTED REFERRED TO CODES
May 17, 2019
Assembly · Amendment adopted
PRINT NUMBER 5629A
May 17, 2019
Assembly · Referred to committee
AMEND AND RECOMMIT TO INSURANCE
Feb 14, 2019
Assembly · Referred to committee
REFERRED TO INSURANCE
0 primary · 0 co-sponsors

Sponsors

No sponsor information available.