VA SB654 | 2012 | Regular Session

Status

Spectrum: Partisan Bill (Democrat 1-0)
Status: Introduced on January 20 2012 - 25% progression, died in chamber
Action: 2012-02-06 - Senate: Stricken at request of Patron in Commerce and Labor (15-Y 0-N)
Text: Latest bill text (Introduced) [HTML]

Summary

Claims-made liability insurance policies. Prohibits an insurer from denying coverage under a claims-made liability insurance policy for a claim based on the insured's failure to notify the insurer that a claim might be made under the policy, unless (i) the insured's failure to notify the insurer of the potential claim prejudices the insurer or (ii) the insured understood that the claim would be made under the policy.

Tracking Information

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Title

Claims-made liability insurance policies; notice of potential claim.

Sponsors


Roll Calls

2012-02-06 - Senate - Senate: Stricken at request of Patron in Commerce and Labor (15-Y 0-N) (Y: 15 N: 0 NV: 0 Abs: 0) [PASS]

History

DateChamberAction
2012-02-06 Senate: Stricken at request of Patron in Commerce and Labor (15-Y 0-N)
2012-01-20 Senate: Referred to Committee on Commerce and Labor
2012-01-20 Senate: Presented and ordered printed 12104087D
2012-01-20 Senate: Unanimous consent to introduce

Subjects


Code Citations

ChapterArticleSectionCitation TypeStatute Text
3822229(n/a)See Bill Text

Virginia State Sources


Bill Comments

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