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S01797 Summary:

BILL NOS01797
 
SAME ASSAME AS A07139
 
SPONSORRAMOS
 
COSPNSRCOMRIE, HARCKHAM, HOYLMAN-SIGAL, KRUEGER, PALUMBO, RIVERA, SALAZAR, SERRANO, STAVISKY
 
MLTSPNSR
 
Add §2601-a, amd §§3425 & 2601, Ins L
 
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.
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