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S01797 Summary:
BILL NO | S01797 |
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SAME AS | SAME AS A07139 |
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SPONSOR | RAMOS |
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COSPNSR | COMRIE, HARCKHAM, HOYLMAN-SIGAL, KRUEGER, PALUMBO, RIVERA, SALAZAR, SERRANO, STAVISKY |
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MLTSPNSR | |
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Add §2601-a, amd §§3425 & 2601, Ins L | |
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Relates to claim settlement practices when an insurer refuses to pay or is delaying payment of a settlement; provides a policyholder a private right of action against such insurer doing business in the state who has refused or delayed payment of an insurance claim. |