2014 House Bill 5522

Expand insurance company sanctions

Introduced in the House

May 6, 2014

Introduced by Rep. Jeff Irwin (D-53)

To authorize penalties of $10,000 plus three times the amount of any benefits withheld and attorney costs for a insurer that fails to pay a claims in a timely manner due to a variety of specified unfair practices. This is part of a Democratic insurance regulation and penalty package comprised of House Bill 5517 to 5528.

Referred to the Committee on Insurance