Legislation

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.

Committees

Original:: Finance Click to view Recorded Media

Committee Testimony

Witness List

Details

Introduced in a prior session as: SB0801 Session: 2020 Regular Session

Bill File Type: Regular

Effective Date(s): October 1, 2021

History

Legislation History
Chamber Senate Calendar Date 1/15/2021 Legislative Date 1/15/2021 Action First Reading Finance Proceedings
Chamber Senate Calendar Date 1/15/2021 Legislative Date 1/15/2021 Action Hearing 2/03 at 1:00 p.m. Proceedings
Chamber Calendar Date Legislative Date Action Text - First - Civil Action - Surety Insurance - Failure to Act in Good Faith Proceedings

Chamber	Calendar Date	Legislative Date	Action
Senate	1/15/2021	1/15/2021	First Reading Finance
Senate	1/15/2021	1/15/2021	Hearing 2/03 at 1:00 p.m.
			Text - First - Civil Action - Surety Insurance - Failure to Act in Good Faith

File Code

Subjects

Statutes