Legislation
- Title
- Civil Action - Surety Insurance - Failure to Act in Good Faith
- Sponsored by
- Senator Reilly
- Status
- In the Senate - Hearing 3/04 at 1:00 p.m.
- Analysis
- Fiscal and Policy Note
Synopsis
                                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
                                    
                                Details
                                
Bill File Type: Regular                                                
                                            
Effective Date(s): October 1, 2020                                                
                                            History
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                            File Code
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                            Subjects
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                            Statutes
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                                        (  
3-1701                                        )
                                    
                                
                                        (  
1-101, 27-1001, 27-302 through 27-304                                        )
                                    
                                Last Updated: 9/22/2020 3:21 PM
                         
                

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