VA SB17 | 2018 | Regular Session

Status

Spectrum: Partisan Bill (Democrat 1-0)
Status: Introduced on November 20 2017 - 25% progression
Action: 2017-11-20 - Referred to Committee on Commerce and Labor
Pending: Senate Commerce and Labor Committee
Text: Latest bill text (Prefiled) [HTML]

Summary

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.

Tracking Information

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Title

Uninsured and underinsured motorist insurance policies; bad faith.

Sponsors


History

DateChamberAction
2017-11-20SenateReferred to Committee on Commerce and Labor
2017-11-20SenatePrefiled and ordered printed; offered 01/10/18 18100555D

Code Citations

ChapterArticleSectionCitation TypeStatute Text
3822206(n/a)See Bill Text
80166.1(n/a)See Bill Text

Virginia State Sources


Bill Comments

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