Mississippi Legislature
2005 Regular Session

Senate Bill 2043

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Bill Text

History of Actions

Background

Title

Description: Property/Casualty Insurance; provide for flexible rating system.

Bill Text: [Introduced]

History of Actions:

1 01/05 (S) Referred To Insurance
2 02/01 (S) Died In Committee

Background Information:

Effective dateJuly 1, 2005
DispositionDead
DeadlineGeneral Bill/Constitutional Amendment
RevenueNo
Vote type requiredMajority

Senate Committee:

Principal Author: Kirby

Title: AN ACT TO PROVIDE FOR A FLEXIBLE RATING SYSTEM FOR PROPERTY AND CASUALTY INSURANCE RATES; TO ALLOW SUCH INSURERS TO INCREASE OR DECREASE EXISTING RATES WITHIN A CERTAIN PERCENTAGE WITHOUT PRIOR APPROVAL BY THE COMMISSIONER OF INSURANCE; TO PROVIDE THAT THE COMMISSIONER MAY DETERMINE THAT THE RATE CHANGE IS INADEQUATE OR UNFAIRLY DISCRIMINATORY AND MAY ORDER THE FILING NO LONGER EFFECTIVE; AND FOR RELATED PURPOSES.


Information pertaining to this measure was last updated on 02/01/05 at 18:21.

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2005/pdf/History/SB/SB2043.htm