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A02540 Summary:

BILL NOA02540
 
SAME ASSAME AS S03551
 
SPONSORWeinstein
 
COSPNSRSeawright, Zebrowski, Cymbrowitz, Hevesi, Hunter, Gottfried, Taylor
 
MLTSPNSR
 
Amd 3420, Ins L
 
Provides that a liability insurer may be sued for and the plaintiff may recover compensatory damages where the insurer failed to effectuate prompt and fair settlement of the claim and considered its interests to the detriment of the insured so as to cause the rendering of a judgment in excess of the policy limits.
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