Staff Analysis of the Legislation
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SB 34 revises O.C.G.A. § 33-7-11, related to automobile
liability and coverage. If the insurer refuses to pay any insured any loss and
the liability policy within 60 days, the insurer shall be liable for: damages
equal to the applicable policy limits of the judgement rendered against the
uninsured motorist; and post judgement interest on the damages. The court in
its discretion may hold the insurer liable to the insured for reasonable
attorney's fees and expenses of litigation. |