Rhode Island H7723 prohibits using insurance policy limits to cover costs of defending claims for property damage, personal injuries, and.
Rhode Island H7723 amends the General Laws to prohibit using insurance policy limits for property damage, personal injuries, and indemnification claims to cover costs of defending those claims. This applies to policies other than those covering workers' compensation. The policy limit must be available in full for payment of such claims. This act takes effect upon passage.
Included in complete analysis
- Overview
- Core Provisions
- Implementation
- Impact
- Legal Framework
- Critical Issues
Analyze for Free
See what it does, who it affects, and the critical issues in plain language. Free, 30 seconds.