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SB251

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Includes opposite chamber sponsors where requested by primary sponsors of substantially similar bills in both chambers and jointly approved by the Committee on Committees of both chambers. Opposite chamber sponsors are represented in italics.


SB 251 (BR 2312) - R. Jones II

     AN ACT relating to underinsured motorist coverage.
     Amend KRS 304.39-320 to require automobile liability and motor vehicle liability policies of insurance to provide underinsured motorist coverage therein; permit the named insured to reject such coverage in writing; provide that if more than 2 individual claims are asserted against an underinsured motorist and the multiple claimants agree to a settlement resulting in exhaustion of the underinsured policy limits, the underinsured motorist insurer shall be entitled to a credit against total damages only to the extent of the actual amount of such settlement received by the individual claimant.

     Mar 6-introduced in Senate
     Mar 10-to Banking & Insurance (S)


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