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| 2 | 2 | | SENATE DOCKET, NO. 2328 FILED ON: 1/17/2025 |
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| 3 | 3 | | SENATE . . . . . . . . . . . . . . No. 748 |
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| 4 | 4 | | The Commonwealth of Massachusetts |
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| 5 | 5 | | _________________ |
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| 6 | 6 | | PRESENTED BY: |
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| 7 | 7 | | Paul R. Feeney |
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| 8 | 8 | | _________________ |
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| 9 | 9 | | To the Honorable Senate and House of Representatives of the Commonwealth of Massachusetts in General |
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| 10 | 10 | | Court assembled: |
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| 11 | 11 | | The undersigned legislators and/or citizens respectfully petition for the adoption of the accompanying bill: |
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| 12 | 12 | | An Act to relative to an underinsurance issue. |
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| 13 | 13 | | _______________ |
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| 14 | 14 | | PETITION OF: |
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| 15 | 15 | | NAME:DISTRICT/ADDRESS :Paul R. FeeneyBristol and Norfolk 1 of 1 |
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| 16 | 16 | | SENATE DOCKET, NO. 2328 FILED ON: 1/17/2025 |
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| 17 | 17 | | SENATE . . . . . . . . . . . . . . No. 748 |
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| 18 | 18 | | By Mr. Feeney, a petition (accompanied by bill, Senate, No. 748) of Paul R. Feeney relative to |
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| 19 | 19 | | an motor vehicle underinsurance. Financial Services. |
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| 20 | 20 | | [SIMILAR MATTER FILED IN PREVIOUS SESSION |
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| 21 | 21 | | SEE HOUSE, NO. 947 OF 2023-2024.] |
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| 22 | 22 | | The Commonwealth of Massachusetts |
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| 23 | 23 | | _______________ |
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| 24 | 24 | | In the One Hundred and Ninety-Fourth General Court |
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| 25 | 25 | | (2025-2026) |
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| 26 | 26 | | _______________ |
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| 27 | 27 | | An Act to relative to an underinsurance issue. |
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| 28 | 28 | | Be it enacted by the Senate and House of Representatives in General Court assembled, and by the authority |
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| 29 | 29 | | of the same, as follows: |
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| 30 | 30 | | 1 SECTION 1. Paragraph 2 of section 113L of Chapter 175 of the General Laws, as so |
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| 31 | 31 | | 2appearing in the 2022 Official Edition, is hereby amended by inserting after the first sentence the |
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| 32 | 32 | | 3following sentence: - |
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| 33 | 33 | | 4 The coverage described in this paragraph shall also apply when, by reason of payment of |
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| 34 | 34 | | 5judgment or settlement, the bond amount or policy limit of the tortfeasor has been reduced by the |
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| 35 | 35 | | 6payment of multiple claims arising from the same accident to an amount less than the policy |
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| 36 | 36 | | 7limit for uninsured motor vehicle coverage, and only to the extent that the uninsured motor |
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| 37 | 37 | | 8vehicle coverage limits exceed the amount paid to the insured pursuant to the exhausted bodily |
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| 38 | 38 | | 9injury liability bond or policy. |
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