Provides insured individuals with a private cause of action under the unfair claims settlement practices act.
Clarifies the definitions of unfair claims practices pertaining to insurers with regard to appraisals and total losses and corrects a citation regarding salvage and reconstructed titles.
Makes several pro-consumer changes to the "Fair claims settlement practices act".
Unfair Claims Settlement Practices Act
Unfair Claims Settlement Practices Act
Unfair Claims Settlement Practices Act
Unfair Claims Settlement Practices Act
Provides that any insurer refusing to honor a "direction to pay" executed by an insured for payment on a property damage benefit would constitute an unfair claims practice.
Provides that any insurer refusing to honor a "direction to pay" executed by an insured for payment on a property damage benefit would constitute an unfair claims practice.
Provides that any insurer refusing to honor a "direction to pay" executed by an insured for payment of a property damage benefit constitutes an unfair claims practice.