Bill Type
Congress Name
Long Title
AN ACT AMENDING SOME PROVISIONS OF PRESIDENTIAL DECREE NO. 1460, AS AMENDED, OTHERWISE KNOWN AS THE INSURANCE CODE OF 1978 BY PRESCRIBING A CRIMINAL PENALTY UPON ANY PERSON FOR REFUSING TO SETTLE ANY CLAIM FOR LOSS OR DAMAGE FOR WHICH AN INSURER MAY BE LIABLE WITHIN THE PERIOD PRESCRIBED BY THE CODE
Short Title
INSURANCE CODE (SECTION 242, P.D. NO. 1460)
Text as filed (link)
Date filed
July 26, 2010
Scope
Legislative Status
Legislative Status Date
Session Sequence No.
22
Session Type
Subjects
All Information (Senate Website)
Legislative History (Senate Website)
Committee Report Senate Link
Committee Referral (Senate Website)
Committee Details
Primary Committee
Committee Report No.
381
Legislative History
Entitled: AN ACT AMENDING SOME PROVISIONS OF PRESIDENTIAL DECREE NO. 1460, AS AMENDED, OTHERWISE KNOWN AS THE INSURANCE CODE OF 1978 BY PRESCRIBING A CRIMINAL PENALTY UPON ANY PERSON FOR REFUSING TO SETTLE ANY CLAIM FOR LOSS OR DAMAGE FOR WHICH AN INSURER MAY BE LIABLE WITHIN THE PERIOD PRESCRIBED BY THE CODE [ FIRST REGULAR SESSION, 15TH CONGRESS ] [ 2010 ] 7/26/2010 Introduced by Senator RAMON A. REVILLA JR.; 9/14/2010 Read on First Reading and Referred to the Committee on BANKS, FINANCIAL INSTITUTIONS AND CURRENCIES; [ SECOND REGULAR SESSION, 15TH CONGRESS ] [ 2012 ] 3/8/2012 Conducted JOINT COMMITTEE MEETINGS/HEARINGS; 5/18/2012 Conducted JOINT COMMITTEE MEETINGS/HEARINGS; [ THIRD REGULAR SESSION, 15TH CONGRESS ] 6/21/2012 Conducted TECHNICAL WORKING GROUP; 7/27/2012 Conducted TECHNICAL WORKING GROUP; 9/13/2012 Returned and submitted jointly by the Committee(s) on BANKS, FINANCIAL INSTITUTIONS AND CURRENCIES and JUSTICE AND HUMAN RIGHTS per Committee Report No. 381, recommending that it be substituted by SBN-3280; 9/17/2012 Committee Report Calendared for Ordinary Business; 9/17/2012 SUBSTITUTED BY SBN-3280 under Committee Report No. 381, WHICH BECAME REPUBLIC ACT NO. 10607, ON AUGUST 16, 2013.