Sec. 1. 24-A MRSA §2164-D, sub-§5, as enacted by PL 1997, c. 634, Pt. A, §1, is amended to read:

5. Resolution of claims. It is an unfair claims practice for any domestic, foreign or alien insurer transacting business in this State to fail to deal with insureds and claimants in good faith to resolve claims made against policies of insureds without just cause and with such frequency as to indicate a general business practice.

SUMMARY

This bill makes it an unfair claims practice for an insurer to fail to deal in good faith with a claimant when resolving a claim made against a policy of the company's insured.