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S 0432 - Allows contributions for defense costs for the same claim among more than one liability insurer

Tracking Level: Of Interest
Sponsor: Thomas Alexander (R)
Last Action: 5/11/2021 - Senate - Roll call Ayes-40 Nays-4
Senate Committee: BI
Assigned To:
General GovernanceNext Bill

Staff Analysis of the Legislation

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
(pdf format)
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.
View full text          View Vote History          View Fiscal Impact
01/12/21Senate Introduced and read first time (Senate Journal-page 309)
01/12/21Senate Referred to Committee on Banking and Insurance (Senate Journal-page 309)
03/24/21Senate Committee report: Favorable Banking and Insurance (Senate Journal-page 9)
05/11/21Senate Read second time (Senate Journal-page 17)
05/11/21Senate Roll call Ayes-40 Nays-4 (Senate Journal-page 17)



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