SB 1201
Establishes provisions relating to double recovery of civil damages from a defendant and an insurer
LR Number:
Last Action:
1/25/2024 - Second Read and Referred S Insurance and Banking Committee
Journal Page:
Effective Date:
August 28, 2024

Current Bill Summary

SB 1201 - This act provides that a portion of a plaintiff's claim for damages may be satisfied by a reimbursement from a defendant or a defendant's insurer or authorized representative if all or any part of the plaintiff's deductible and damages are reimbursed to the plaintiff's insurer by the defendant or his or her insurer or authorized representative and if such plaintiff would have a potential double recovery without such satisfaction.



No Amendments Found.