Synopsis
This Act requires insurance companies to pay the insured the amount of the insurance company's offer of settlement which was rejected by the insured party. However, the amount remains subject to both parties' reservation or rights, claims, and arguments for the ultimate outcome of the claim.
Documents
Fiscal Note
HB 264 — Fiscal Note/Fee Impact
Fiscal Note
HS 1 for HB 264 w/ HA 1 — Fiscal Note/Fee Impact
Legislation
HS 1 for HB 264 w/ HA 1 — Session Law
Legislation
HB 264 — Session Law
Legislation
HB 264 — Session Law