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A03889 Summary:
| BILL NO | A03889 |
| SAME AS | No Same As |
| SPONSOR | Meeks |
| COSPNSR | Bronson, Gonzalez-Rojas |
| MLTSPNSR | |
| Amd §3420, Ins L | |
| Requires a liability insurer that has an opportunity to settle a claim at or within the policy limits, and refuses to do so, to be liable for any verdict in excess of the insurance policy limits; prohibits the insurer from recovering such excess judgment from the insured. | |