88R6118 KKR-F
By: Collier H.B. No. 1702
A BILL TO BE ENTITLED
AN ACT
relating to unfair settlement practices with respect to workers'
compensation insurance claims.
BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF TEXAS:
SECTION 1. Section 541.060, Insurance Code, is amended by
adding Subsection (c) to read as follows:
(c) This section applies to a claim by an insured or
beneficiary under an insurance policy for workers' compensation
insurance.
SECTION 2. The change in law made by this Act applies only
to a cause of action that accrues on or after the effective date of
this Act. A cause of action that accrues before the effective date
of this Act is governed by the law in effect immediately before that
date, and that law is continued in effect for that purpose.
SECTION 3. This Act takes effect September 1, 2023.