May 31, 2007

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.

Disclaimer: This blog is maintained as a free information service and its contents are not intended to constitute legal advice or opinion. Statements herein are made solely by the author and are not attributable to Carney Badley Spellman, P.S. Use of this blog does not create an attorney-client relationship. The blog may fail to accurately or comprehensively represent the law or the topics discussed.













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