24-A §2432. Exemption of employee’s interest; group annuities, pension trusts
§2432. Exemption of employee’s interest; group annuities, pension trusts If any group annuity contract or pension trust, whether heretofore or hereafter issued, is effected by an employer for the benefit of the employer’s employees, whether or not requiring any contribution toward the cost thereof by such employees, the interest of any employee, beneficiary or joint […]
24-A §2433. Jurisdiction of courts, limitation of actions
§2433. Jurisdiction of courts, limitation of actions No conditions, stipulations or agreements in a contract of insurance shall deprive the courts of this State of jurisdiction of actions against foreign insurers, or limit the time for commencing actions against such insurers to a period of less than 2 years from the time when the cause […]
24-A §2434. Suits against foreign insurers
§2434. Suits against foreign insurers Any person having a claim against any foreign insurer may bring a trustee action or any other appropriate action therefor in the courts of this State. Service of process upon such an insurer must be made as provided in section 421. [PL 1997, c. 457, §43 (AMD).] SECTION HISTORY […]
24-A §2436. Interest on overdue payments
§2436. Interest on overdue payments 1. A claim for payment of benefits under a policy or certificate of insurance delivered or issued for delivery in this State is payable within 30 days after proof of loss is received by the insurer and ascertainment of the loss is made either by written agreement between the insurer […]
24-A §2436-A. Unfair claims settlement practices
§2436-A. Unfair claims settlement practices 1. Civil actions. A person injured by any of the following actions taken by that person’s own insurer may bring a civil action and recover damages, together with costs and disbursements, reasonable attorney’s fees and interest on damages at the rate of 1 1/2% per month: A. Knowingly misrepresenting […]
24-A §2436-B. Declaratory judgment actions involving insurance policies
§2436-B. Declaratory judgment actions involving insurance policies 1. Definition. For purposes of this section, “insured” means a natural person and does not include a corporation, trust, partnership, incorporated or unincorporated association or any other legal entity. [PL 2001, c. 126, §1 (NEW).] 2. Costs and attorney’s fees. In an action pursuant to Title 14, […]
24-A §2437. Procedures covered by health insurance policies whether performed by physician or dentist
§2437. Procedures covered by health insurance policies whether performed by physician or dentist Whenever the terms “physician” and “doctor” are used in any policy of health or accident insurance issued in this State, these terms include within their meaning those persons licensed under and in accordance with the laws relating to the practice of dentistry, […]
24-A §2423. Forms for proof of loss to be furnished
§2423. Forms for proof of loss to be furnished An insurer shall furnish, upon written request of any person claiming to have a loss under an insurance contract issued by such insurer, forms of proof of loss for completion by such person, but such insurer shall not, by reason of the requirement so to furnish […]
24-A §2438. Short title
§2438. Short title This section and sections 2439 to 2445 shall be known as the “Insurance Policy Language Simplification Act.” [PL 1979, c. 267, §2 (NEW).] SECTION HISTORY PL 1979, c. 267, §2 (NEW).
24-A §2424. Claims administration not waiver
§2424. Claims administration not waiver Without limitation of any right or defense of an insurer otherwise, none of the following acts by or on behalf of an insurer may be deemed to constitute a waiver of any provision of a policy or of any defense of the insurer thereunder: [RR 2009, c. 2, §67 […]