SENATE AMENDMENT
    Bill No. CS for SB 2-B
    Amendment No. ___   Barcode 580034
                            CHAMBER ACTION
              Senate                               House
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       06/18/2003 07:46 PM         .                    
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11  Senator Pruitt moved the following amendment:
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13         Senate Amendment 
14         On page 126, lines 18-21, delete those lines
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16  and insert:  unknown to the insurer, unless, based upon
17  information known earlier to the insurance company or its
18  representatives, the insurance company could and should have
19  settled the claim within policy limits if it had been acting
20  fairly and honestly toward the insured and with due regard for
21  the insured's interests. If a case is set for trial within 1
22  year after the date of filing the claim, an insurer shall not
23  be held in bad faith if policy limits are tendered 60 days or
24  more prior to trial, unless, based upon information known
25  earlier to the insurance company or its representatives, the
26  insurance company could and should have settled the claim
27  within policy limits if it had been acting fairly and honestly
28  toward the insured and with due regard for the insured's
29  interests.
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    1:48 PM   06/18/03                             s0002Bc1b-28j01