Introduced
by
To authorize criminal penalties of up to four years in prison and a $50,000 fine on an insurance company president or CEO who “fosters an environment that leads to systemic wrongful denial of claims”.
Referred to the Committee on Insurance
Reported without amendment
With the recommendation that the substitute (H-2) be adopted and that the bill then pass.
Substitute offered
To replace the previous version of the bill with one that revises details but does not change the substance of the bill as previously described.
The substitute passed by voice vote
Amendment offered
by
To extend the same criminal sanctions the bill proposes for insurance company executives to attorney and law firm partners who knowingly creates, fosters or encourages the systemic prosecution of frivolous lawsuits against insurance companies.
The amendment failed by voice vote
Passed in the House 57 to 49 (details)
Referred to the Committee on Economic Development and Regulatory Reform
