SB 2042: Insurance Rate Standards/Excess Rate
GENERAL BILL by Thomas
Insurance Rate Standards/Excess Rate; requires certain insurers to maintain prescribed support information for rates; provides that experience must be accumulated in at least three categories; requires use of generally accepted actuarial procedures; increases percentage of commercial insurance policies that insurer may write using rates with insured's consent; sets standards for use of excess rates. Amends 627.062,.171.
Effective Date: 10/01/1999
Last Action: 4/29/1999 Senate - Withdrawn from Banking and Insurance -SJ 01412; Withdrawn from further consideration -SJ 01412
Bill Text: Web Page | PDF
Last Action: 4/29/1999 Senate - Withdrawn from Banking and Insurance -SJ 01412; Withdrawn from further consideration -SJ 01412
Bill Text: Web Page | PDF
Bill History
| Date | Chamber | Action |
|---|---|---|
| 3/2/1999 | Senate |
• Filed |
| 3/16/1999 | Senate |
• Introduced, referred to Banking and Insurance -SJ 00259 |
| 4/29/1999 | Senate |
• Withdrawn from Banking and Insurance -SJ 01412; Withdrawn from further consideration -SJ 01412 |