Virginia’s New Bad Faith Law: What Insurers Need to Know
Insurance Journal - Aug 20, 2024
On July 1, 2024, new Virginia Code § 8.01-66.1 became effective and created a new bad faith cause of action that can be significant for underinsured or uninsured (UIM) carriers. The prior Va. Code § 8.01-66.1 did not create a …...
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