Requires a liability insurer that has an opportunity to settle a claim at or within the policy limits, and refuses to do so, to be liable for any verdict in excess of the insurance policy limits
Summary
Requires a liability insurer that has an opportunity to settle a claim at or within the policy limits, and refuses to do so, to be liable for any verdict in excess of the insurance policy limits; prohibits the insurer from recovering such excess judgment from the insured.
Bill status
in committee
1 of 4 stages cleared
Introduction
May 2021
Committee Review
Floor Vote
Governor
Introduced May 13, 2021
Last action Jan 5, 2022
Floor votes
How they voted
No floor votes recorded yet.
Full legislative history
Actions timeline
Total actions
2
Key actions
0
Committee
2
Jan 5, 2022
Committee
REFERRED TO INSURANCE
lower
May 13, 2021
Committee
REFERRED TO INSURANCE
lower
1 primary · 0 co-sponsors
Sponsors
Role
Legislator
Party
State
District
P
Demond Meeks
DDemocratic/Working Families
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