Bad Faith Blog
July 1, 2021
New Missouri Law Amending § 537.065 Enacted
On June 29, 2021, Governor Parson signed into law Missouri HB 345, which amends R.S.Mo. § 537.065 (permitting contracts to limit recovery to specified assets or insurance policies) and R.S.Mo. § 435.415 (Missouri’s Uniform Arbitration Act). This legislation is an effort to reform insurance “bad faith” litigation in Missouri, supplement legislation passed in 2017, and address recent tactics to avoid the statutory protections granted to insurers in 2017.