HB 528 - AS INTRODUCED
1999 SESSION
HOUSE BILL 528
AN ACT adding penalty provisions to the unfair claim settlement practices by insurers law.
SPONSORS: Rep. Keans, Straf 16; Rep. J. Brown, Straf 17
This bill adds a penalty provision to the law regulating unfair claim settlement practices by insurers.
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Explanation: Matter added to current law appears in bold italics.
Matter removed from current law appears [in brackets and struckthrough.]
Matter which is either (a) all new or (b) repealed and reenacted appears in regular type.
99-0646
01/09
STATE OF NEW HAMPSHIRE
In the Year of Our Lord One Thousand Nine Hundred and Ninety-Nine
AN ACT adding penalty provisions to the unfair claim settlement practices by insurers law.
Be it Enacted by the Senate and House of Representatives in General Court convened:
1 New Subparagraph; Penalty Added. Amend RSA 417:4, XV by inserting after subparagraph (b) the following new subparagraph:
(c) Commission by an insurer of any of the actions or practices enumerated in this paragraph may be the basis of a civil cause of action by any person aggrieved thereby, and in the event of a judgment against the insurer, it shall be liable for all consequential damages resulting from its actions, as well as costs and reasonable attorneys' fees incurred by the plaintiff.
2 Effective Date. This act shall take effect January 1, 2000.