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| THE GENERAL ASSEMBLY OF PENNSYLVANIA |
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| SENATE BILL |
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| INTRODUCED BY GREENLEAF, TARTAGLIONE, RAFFERTY AND BOSCOLA, JANUARY 12, 2011 |
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| REFERRED TO JUDICIARY, JANUARY 12, 2011 |
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| AN ACT |
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1 | Amending Title 42 (Judiciary and Judicial Procedure) of the |
2 | Pennsylvania Consolidated Statutes, in special damages, |
3 | further providing for actions on insurance policies. |
4 | The General Assembly of the Commonwealth of Pennsylvania |
5 | hereby enacts as follows: |
6 | Section 1. Section 8371 of Title 42 of the Pennsylvania |
7 | Consolidated Statutes is amended to read: |
8 | § 8371. Actions on insurance policies. |
9 | In an action arising under an insurance policy, if the |
10 | [court] trier of fact finds that the insurer has acted in bad |
11 | faith toward the insured, the [court] trier of fact may take all |
12 | of the following actions: |
13 | (1) Award interest on the amount of the claim from the |
14 | date the claim was made by the insured in an amount equal to |
15 | the prime rate of interest plus 3%. |
16 | (2) Award punitive damages against the insurer. |
17 | (3) Assess court costs and attorney fees against the |
18 | insurer. |
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1 | Section 2. This act shall take effect in 60 days. |
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