Comments: NY A02095 | 2023-2024 | General Assembly

Bill Title: 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.

Spectrum: Partisan Bill (Democrat 3-0)

Status: (Introduced) 2024-01-03 - referred to insurance [A02095 Detail]

Text: Latest bill text (Introduced) [HTML]

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