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§ 8371. Actions on insurance policies

Purdon's Pennsylvania Statutes and Consolidated StatutesTitle 42 Pa.C.S.A. Judiciary and Judicial Procedure

Purdon's Pennsylvania Statutes and Consolidated Statutes
Title 42 Pa.C.S.A. Judiciary and Judicial Procedure (Refs & Annos)
Part VII. Civil Actions and Proceedings
Chapter 83. Particular Rights and Immunities (Refs & Annos)
Subchapter G. Special Damages
42 Pa.C.S.A. § 8371
§ 8371. Actions on insurance policies
Currentness
In an action arising under an insurance policy, if the court finds that the insurer has acted in bad faith toward the insured, the court may take all of the following actions:
(1) Award interest on the amount of the claim from the date the claim was made by the insured in an amount equal to the prime rate of interest plus 3%.
(2) Award punitive damages against the insurer.
(3) Assess court costs and attorney fees against the insurer.

Credits

1990, Feb. 7, P.L. 11, No. 6, § 3, effective July 1, 1990.
42 Pa.C.S.A. § 8371, PA ST 42 Pa.C.S.A. § 8371
Current through Act 10 of the 2024 Regular Session. Some statute sections may be more current, see credits for details.
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