Authorizing the recovery of actual damages, expenses, litigation costs, and interest in obligee claims against surety insurance providers under certain circumstances; applying certain provisions of law on unfair claim settlement practices to surety insurance; requiring an obligee to comply with certain procedures before bringing a certain claim against a surety insurance provider; applying the Act prospectively; etc.
Bill File Type: Regular
Effective Date(s): October 1, 2020
( 3-1701 )
( 1-101, 27-1001, 27-302 through 27-304 )
Last Updated: 9/22/2020 3:21 PM