| Last Action | to Banking & Insurance (S) |
|---|---|
| Title | AN ACT relating to underinsured motorist coverage. |
| Bill Documents |
Bill
|
| Bill Request Number | 1099 |
| Sponsor | R. Jones II |
| Summary of Original Version | Amend KRS 304.39-320 to 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 bodily injury liability, 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 sseking to recover underinsured benefits. |
| Index Headings of Original Version |
Insurance, Motor Vehicle - Underinsured motorist coverage, insurer credit when multiple claims asserted against Motor Vehicles - Underinsured motorist coverage, insurer credit when multiple claims asserted against |
| 02/07/13 |
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|---|---|
| 02/13/13 |
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Last updated: 8/27/2019 7:53 PM (EDT)