SENATE DOCKET, NO. 2328        FILED ON: 1/17/2025

SENATE  .  .  .  .  .  .  .  .  .  .  .  .  .  .  No.         

The Commonwealth of Massachusetts

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PRESENTED BY:

Paul R. Feeney

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To the Honorable Senate and House of Representatives of the Commonwealth of Massachusetts in General
Court assembled:

The undersigned legislators and/or citizens respectfully petition for the adoption of the accompanying bill:

An Act to relative to an underinsurance issue.

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PETITION OF:

SENATE DOCKET, NO. 2328        FILED ON: 1/17/2025

SENATE  .  .  .  .  .  .  .  .  .  .  .  .  .  .  No.         

[SIMILAR MATTER FILED IN PREVIOUS SESSION
SEE HOUSE, NO. 947 OF 2023-2024.]

The Commonwealth of Massachusetts

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In the One Hundred and Ninety-Fourth General Court
(2025-2026)

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An Act to relative to an underinsurance issue.

Be it enacted by the Senate and House of Representatives in General Court assembled, and by the authority of the same, as follows:
 

SECTION 1. Paragraph 2 of section 113L of Chapter 175 of the General Laws, as so appearing in the 2022 Official Edition, is hereby amended by inserting after the first sentence the following sentence: -

The coverage described in this paragraph shall also apply when, by reason of payment of judgment or settlement, the bond amount or policy limit of the tortfeasor has been reduced by the payment of multiple claims arising from the same accident to an amount less than the policy limit for uninsured motor vehicle coverage, and only to the extent that the uninsured motor vehicle coverage limits exceed the amount paid to the insured pursuant to the exhausted bodily injury liability bond or policy.