“Bad faith” reform out of the gate, but not without difficulty.

The Senate's version of "bad faith" reform, SB 1592, escaped from the Senate Judiciary Committee last week with a 4-3 vote. The House companion bill, HB 1187, has yet to come up for a vote.

The focus of the bills is on third-party liability, to provide a better process and more clearly defined rules.  The reform bills provide some minor improvements for first-party claims.

For more on SB 1592, read the Staff Analysis on SB 1592

For a story on the Senate Judiciary meeting on SB 1592, go to
Homeowners Can't Sue Insurers? ‘Bad Faith’ Bill Troubles Some Senators.

For more about “bad faith” reform on this blog, see TallyInsLaw "bad faith" posts

This summary was prepared by Perry Cone and posted at www.tallyinslaw.com/

Legal Notice and Disclaimer