Amend CSSB 1628 (senate committee printing) as follows:

(1)  In SECTION 10 of the bill, in amended Section 542.060(a), Insurance Code (page 3, line 60), strike "knowingly fails to act [is not]" and substitute "is not".

(2)  In SECTION 10 of the bill, strike added Section 542.060(a-1), Insurance Code (page 3, line 66, through page 4, line 1).

(3)  Add the following appropriately numbered SECTION and renumber SECTIONS of the bill appropriately:

SECTION ____.  Section 542.058(b), Insurance Code, is amended to read as follows:

(b)  Subsection (a) does not apply in a case in which it is found as a result of arbitration or litigation that:

(1)  a claim received by an insurer is invalid and should not be paid by the insurer; or

(2)  there exists a bona fide dispute as to the insurer's liability for payment of the claim.