SB 0221 Expands the obligation of the Property and Casualty Guaranty Fund for insolvent insurer claims
LR Number:S1018.01I Fiscal Note:1018-01
Committee:Insurance and Housing
Last Action:01/27/99 - Hearing Conducted S Insurance & Housing Committee Journal page:
Effective Date:August 28, 1999
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Current Bill Summary

SB 221 - This act expands the obligation of the Missouri Property and Casualty Guaranty Association for the claims of insolvent insurers. The obligation for claims from bodily injury, sickness and disease is no longer limited to medical expenses and lost wages. The policy limit or $300,000, whichever is less, will be the maximum obligation.