Insurance; unfair claim settlement practices; modification of loss estimate. Prohibits an insurer, when reducing a loss estimate of $3,000 or more, from altering or amending an insurance adjuster's estimate of damages, photographic report data, or narrative report without meeting certain requirements including providing the policyholder with a detailed explanation as to why any change that has the effect of reducing the loss estimate was made.

Statutes affected:
Introduced: 38.2-510, 38.2-1845.12
Engrossed: 38.2-510, 38.2-1845.12
Commerce and Labor Substitute: 38.2-510
Enrolled: 38.2-510