2003 Senate Bill 81

Introduced in the Senate

Jan. 28, 2003

Introduced by Sen. Ray Basham (D-8)

To require that an insurance company notify the police or fire department whenever there is a suspicion of insurance fraud. Further, this bill would allow for an insured party to recoup expenses resulting from legal costs incurred while defending against a fraud charge in which the insurance company did not prevail, including reasonable and actual attorney fees and court costs.

Referred to the Committee on Economic Development, Small Business, and Regulatory Reform

March 4, 2003

Reported without amendment

With the recommendation that the bill be referred to the Committee on Banking and Financial Institutions.

Referred to the Committee on Banking and Financial Institutions