Bill
Bill > A984
NJ A984
NJ A984Prohibits insurers from raising medical malpractice liability insurance premiums under certain circumstances.
summary
Introduced
01/09/2024
01/09/2024
In Committee
01/09/2024
01/09/2024
Crossed Over
Passed
Dead
01/12/2026
01/12/2026
Introduced Session
2024-2025 Regular Session
Bill Summary
This bill provides that an insurer shall not increase the premium of any medical malpractice liability insurance policy based on a claim of medical negligence or malpractice against an insured unless the claim, as defined in the bill, results in a medical malpractice claim settlement, judgment, or arbitration award against the insured.
AI Summary
This bill prohibits insurers from increasing the premium of any medical malpractice liability insurance policy based on a claim of medical negligence or malpractice against the insured, unless the claim results in a medical malpractice claim settlement, judgment, or arbitration award against the insured. The bill defines "claim" as any demand received by an insured seeking damages that results from a medical incident, or an insured's notice to the insurer of a specific professional services act or omission that the insured reasonably believes may result in a demand for damages.
Committee Categories
Business and Industry
Sponsors (1)
Last Action
Introduced, Referred to Assembly Financial Institutions and Insurance Committee (on 01/09/2024)
Official Document
bill text
bill summary
Loading...
bill summary
Loading...
bill summary
| Document Type | Source Location |
|---|---|
| State Bill Page | https://www.njleg.state.nj.us/bill-search/2024/A984 |
| BillText | https://pub.njleg.gov/Bills/2024/A1000/984_I1.HTM |
Loading...