Insurance Fair Conduct Act

The governor signed the Insurance Fair Conduct Act into law on May 15, 2007. The major component is the availability of treble damages for an "unreasonable" denial of coverage or benefits or violation of certain claims handling regulations. The full text of the statute as enacted is posted here: http://www.leg.wa.gov/pub/billinfo/2007-08/Pdf/Bills/Session%20Law%202007/5726-S.SL.pdf. More details to follow.