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03.24.2021 The Senate Banking and Insurance Committee gave this bill a favorable report.
03.10.2021 The Senate Banking and Insurance Insurance subcommittee gave this bill a favorable report.
Summary of the bill as introduced: Allows contributions for defense costs for the same claim, suit or action among more than one liability insurer.

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Session 124 - (2021-2022)Printer Friendly

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S 0432 General Bill, By Alexander
Summary: Defense costs
A BILL TO AMEND ARTICLE 1, CHAPTER 59, TITLE 38 OF THE 1976 CODE, RELATING TO CLAIMS PRACTICES, BY ADDING SECTION 38-59-60, TO ALLOW FOR CONTRIBUTIONS FOR DEFENSE COSTS FOR THE SAME CLAIM, SUIT, OR ACTION AMONG MORE THAN ONE LIABILITY INSURER.
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01/12/21	Senate	Introduced and read first time (Senate Journal-page 309)
01/12/21	Senate	Referred to Committee on Banking and Insurance (Senate Journal-page 309)
03/24/21	Senate	Committee report: Favorable Banking and Insurance (Senate Journal-page 9)
05/11/21	Senate	Read second time (Senate Journal-page 17)
05/11/21	Senate	Roll call Ayes-40 Nays-4 (Senate Journal-page 17)
03/03/22	Senate	Recalled from Committee on Banking and Insurance
03/03/22	Senate	Committed to Committee on Judiciary