A3889 — 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

A3889 — 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 · Informed CitizenryThis bill amends the insurance law to establish the liability of insurance providers regarding claim settlements. It requires that if a liability insurer receives an offer to settle a claim at or w…Open in Informed Citizenry