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SB17

Uninsured and underinsured motorist insurance policies; bad faith.

Status:
In Senate

Chief Patron:
Chap Petersen (D)

Session:
2018 Regular Session

Summary

As Introduced. Uninsured and underinsured motorist insurance policies; bad faith.

Provides that if an insurance company denies, refuses, or fails to pay its insured, or refuses a reasonable settlement demand within the policy's coverage limits for a claim for uninsured or underinsured motorist benefits within a reasonable time after being presented with a demand for such benefits and it is subsequently found that such denial, refusal, or failure was not in good faith, then the insurance company shall be liable to the insured for the full amount of the judgment and reasonable attorney fees, expenses, and interest. (Less)

  • Bill History

  • 11/20/2017 - Senate: Prefiled and ordered printed; offered 01/10/18 18100555D
  • 11/20/2017 - Senate: Referred to Committee on Commerce and Labor
  • 01/10/2018 - Senate: Impact statement from SCC (SB17)
  • 01/22/2018 - Senate: Rereferred from Commerce and Labor (12-Y 0-N)
  • 01/22/2018 - Senate: Rereferred to Courts of Justice
  • 01/24/2018 - Senate: Continued to 2019 in Courts of Justice (15-Y 0-N)

Full text and vote history:

Virginia Legislative Information System

RichmondSunlight.com

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