Bill Text | History of Actions | Background | Title |
Description: Property/Casualty Insurance; provide for flexible rating system.
Bill Text: [Introduced]
| 1 | 01/05 (S) Referred To Insurance | |
| 2 | 02/01 (S) Died In Committee |
| Effective date | July 1, 2005 | |
| Disposition | Dead | |
| Deadline | General Bill/Constitutional Amendment | |
| Revenue | No | |
| Vote type required | Majority |
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.
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2005/html/History/SB/SB2043.htm