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A07523 Summary:

BILL NOA07523
 
SAME ASNo Same As
 
SPONSORMeeks
 
COSPNSRBronson, Gottfried, 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.
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