Missouri Legislature Passes Reform to RSMo § 537.065

The Missouri Legislature has taken a significant step in reforming RSMo § 537.065, a statute that has long been a point of contention in liability suits. With the recent passage of SS HB 345, the new law aims to close loopholes that have allowed plaintiffs and insureds to sidestep insurers’ rights to intervene in lawsuits. Key changes include stricter rules on private arbitrations and clearer timelines for insurer notifications. This reform could reshape the landscape of insurance coverage in liability cases, making it essential for stakeholders to understand its implications. Read on to discover how these changes may impact you!