Scheid Amnd. - Insurance Payouts Amendment - Minnesota Key Vote
Amy Koch voted Yea (Amendment Vote) on this Amendment.
Timeline
- Senate Amendment Adopted
- March 18, 2008
- Introduced
- March 18, 2008
Related Legislation
Related Issues
Stage Details
Title: Insurance Payouts Amendment
Vote Smart's Synopsis:
Vote to pass an amendment that sets a limit on the amount awarded in attorney fees and also grants an additional bonus to the insured if their insurer denies a valid claim.
Highlights:
- Allows the insured to be awarded an additional amount of half of the proceeds already awarded and not to exceed $100,000. - Limits attorney fees to half of the proceeds and in no case more than $40,000. - Takes effect August 1, 2008.
Title: Insurance Payouts Amendment