HB 427 (2012) -  Civil Remedies Against Insurers

by Passidomo
Requires that before bringing common-law bad faith action against insurer, party bringing action must first provide to DOI & insurer prior written notification of specified number of days; requires notice relating to bringing of common-law claim of bad faith must specify common-law duty violated by insurer; requires notice to specify amount of moneys that insurer has failed to tender or pay if specific statutory or common-law based violation includes such failure; provides that circumstances giving rise to statutory or common-law based violations are corrected by specifically described monetary tenders by insurer; provides that either third-party claimant or insured is entitled to general release; provides applicable statute of limitations is tolled for specified period of time when notices alleging common-law based violation are mailed; revises provisions to conform to changes made by act relating to statutory or common-law based actions being brought against insurers.
Effective Date: July 1, 2012
Last Event: Unfavorable by Civil Justice Subcommittee on Tuesday, January 31, 2012 11:30 AM

Referred Committees and Committee Actions

Related Bills

Staff Analysis

Chamber Committee
Chamber: House Committee: Civil Justice Subcommittee 1/31/2012 2:10:11 PM
Chamber: House Committee: Civil Justice Subcommittee 1/24/2012 4:30:54 PM

Vote History

(No Votes Recorded)

Bill History

Event Time Member Committee Ver.
Event: H Added to Civil Justice Subcommittee agenda Time: 01/31/2012 - 11:54 AM Member: Committee: Civil Justice Subcommittee Version: __
Event: H Laid on Table Time: 01/31/2012 - 11:30 AM Member: Committee: Civil Justice Subcommittee Version: __
Event: H Unfavorable by Civil Justice Subcommittee Time: 01/31/2012 - 11:30 AM Member: Committee: Civil Justice Subcommittee Version: __
Event: H Added to Civil Justice Subcommittee agenda Time: 01/24/2012 - 4:16 PM Member: Committee: Civil Justice Subcommittee Version: __
Event: H 1st Reading Time: 01/10/2012 - 11:59 PM Member: Committee: Version: __
Event: H Now in Civil Justice Subcommittee Time: 10/28/2011 - 3:36 PM Member: Committee: Civil Justice Subcommittee Version: __
Event: H Referred to Judiciary Committee Time: 10/28/2011 - 3:36 PM Member: Committee: Judiciary Committee Version: __
Event: H Referred to Insurance & Banking Subcommittee Time: 10/28/2011 - 3:36 PM Member: Committee: Insurance & Banking Subcommittee Version: __
Event: H Referred to Civil Justice Subcommittee Time: 10/28/2011 - 3:36 PM Member: Committee: Civil Justice Subcommittee Version: __
Event: H Filed Time: 10/20/2011 - 9:48 AM Member: Passidomo Committee: Version: __

Statutes Referenced by this Bill

Statute Other Bill Citations
624.155 SB 1224