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CS/SB 1308: Insurance Ratemaking

GENERAL BILL by Banking and Insurance ; Alexander

Insurance Ratemaking; provides that filings providing rate increases & decreases for specified lines of property/casualty & motor vehicle insurance within specified range shall not be subject to determination by Insurance Regulation Office that rate is excessive or unfairly discriminatory; provides inapplicability to rate filings for medical malpractice; deletes provisions re arbitration of certain decisions re property/casualty ins. rate filings, etc. Amends Ch 627.

Effective Date: 07/01/2003
Last Action: 5/2/2003 Senate - Died on Calendar, Link/Iden/Sim/Compare passed, refer to HB 513 (Ch. 2003-281)
Bill Text: Web Page | PDF

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  • Bill History

    Date Chamber Action
    2/18/2003 Senate • Prefiled
    3/3/2003 Senate • Referred to Banking and Insurance; Appropriations Subcommittee on General Government; Appropriations; Rules and Calendar
    3/4/2003 Senate • Introduced, referred to Banking and Insurance; Appropriations Subcommittee on General Government; Appropriations; Rules and Calendar -SJ 00069
    4/17/2003 Senate • On Committee agenda-- Banking and Insurance, 04/22/03, 2:15 pm, 110-S
    4/22/2003 Senate • CS by Banking and Insurance; YEAS 9 NAYS 0 -SJ 00575; CS read first time on 04/24/03 -SJ 00579
    4/24/2003 Senate • Now in Appropriations Subcommittee on General Government -SJ 00575
    5/1/2003 Senate • Withdrawn from Appropriations Subcommittee on General Government; Appropriations; Rules and Calendar -SJ 01053; Placed on Calendar, on second reading
    5/2/2003 Senate • Died on Calendar, Link/Iden/Sim/Compare passed, refer to HB 513 (Ch. 2003-281)

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  • CS/SB 1308, Committee Substitute 1 (Current Bill Version) Posted 4/24/2003 at 7:38 PM

    Bill Text:   Web Page | PDF
    Analyses:   Banking and Insurance (Post-Meeting) 4/24/2003 (pdf)

    Related Bills (6)

    Bill Number Subject Filed By Relationship Last Action and Location
    H 513 (e2) Benson Compare Last Action: 7/11/2003 Approved by Governor; Chapter No. 2003-281; See also CS/SB 2364 (Ch. 2003-267), SB 2680 (Ch. 2003-21), SB 40-A (Ch. 2003-407)
    Location:
    H 531 Insurance Consumer Protection Act Allen Compare Last Action: 5/2/2003 H Died in Committee on Insurance Regulation (IN)
    Location:
    S 636 Insurance Clary Compare Last Action: 5/2/2003 S Died in Committee on Commerce, Economic Opportunities, and Consumer Services
    Location:
    S 708 Insurance Rate Standards Geller Compare Last Action: 5/2/2003 S Died in Committee on Banking and Insurance
    Location:
    S 734 Insurance Rates Campbell Compare Last Action: 5/2/2003 S Died in Committee on Banking and Insurance
    Location:
    S 2570 Insurance Rate Standards Geller Compare Last Action: 5/2/2003 S Died in Committee on Banking and Insurance
    Location:

    Citations - Statutes (3)

    Citation Catchline Location in Bill Location In Bill Help
    627.062 Rate standards.
    627.0651 Making and use of rates for motor vehicle insurance.
    627.351 Insurance risk apportionment plans.

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  • SB 1308, Original Filed Version Posted 2/19/2003 at 12:15 AM

    Bill Text:   Web Page | PDF
    Analyses:   None

    Committee Votes (1)

    Date Committee Result
    4/22/2003 2:15 PM Banking and Insurance 9 Yeas - 0 Nays

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