PRINTER'S NO. 827
No. 745 Session of 2007
INTRODUCED BY GREENLEAF, RAFFERTY, O'PAKE, EARLL, TARTAGLIONE,
ERICKSON, BOSCOLA AND RHOADES, APRIL 10, 2007
REFERRED TO JUDICIARY, APRIL 10, 2007
AN ACT
1 Amending Title 42 (Judiciary and Judicial Procedure) of the
2 Pennsylvania Consolidated Statutes, further providing, in
3 special damages, 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.
1 Section 2. This act shall take effect in 60 days.
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