MD SB801 | 2020 | Regular Session
Note: Carry Foward to future SB372
Status
Spectrum: Partisan Bill (Republican 1-0)
Status: Introduced on February 3 2020 - 25% progression, died in committee
Action: 2020-02-07 - Hearing 3/04 at 1:00 p.m.
Pending: Senate Finance Committee
Text: Latest bill text (Introduced) [PDF]
Status: Introduced on February 3 2020 - 25% progression, died in committee
Action: 2020-02-07 - Hearing 3/04 at 1:00 p.m.
Pending: Senate Finance Committee
Text: Latest bill text (Introduced) [PDF]
Summary
Authorizing the recovery of actual damages, expenses, litigation costs, and interest in obligee claims against surety insurance providers under certain circumstances; applying certain provisions of law on unfair claim settlement practices to surety insurance; requiring an obligee to comply with certain procedures before bringing a certain claim against a surety insurance provider; applying the Act prospectively; etc.
Title
Civil Action - Surety Insurance - Failure to Act in Good Faith
Sponsors
History
| Date | Chamber | Action |
|---|---|---|
| 2020-02-07 | Senate | Hearing 3/04 at 1:00 p.m. |
| 2020-02-03 | Senate | First Reading Finance |
Same As/Similar To
SB801 (Carry Over) 2020-02-07 - Hearing 3/04 at 1:00 p.m.
Subjects
Banks and Trust Companies
Bonds
Civil Actions
Civil Actions and Procedures
Claims
Contracts
Court Costs
Damages
Financial Institutions
Insurance
Insurance - Other than Health
Insurance Administration
Interest
Records
Reports
Bonds
Civil Actions
Civil Actions and Procedures
Claims
Contracts
Court Costs
Damages
Financial Institutions
Insurance
Insurance - Other than Health
Insurance Administration
Interest
Records
Reports
Code Citations
| Chapter | Article | Section | Citation Type | Statute Text |
|---|---|---|---|---|
| Courts and Judicial Proceedings | 3 | 1701 | (n/a) | See Bill Text |
| Insurance | 1 | 101 | (n/a) | See Bill Text |
| Insurance | 27 | 1001 | (n/a) | See Bill Text |
| Insurance | 27 | 302 | (n/a) | See Bill Text |
| Insurance | 27 | 303 | (n/a) | See Bill Text |
| Insurance | 27 | 304 | (n/a) | See Bill Text |
Maryland State Sources
| Type | Source |
|---|---|
| Summary | https://mgaleg.maryland.gov/mgawebsite/Legislation/Details/SB0801?ys=2020RS |
| Text | https://mgaleg.maryland.gov/2020RS/bills/sb/sb0801f.pdf |
