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Last Action: 4/29/1999 Senate - Withdrawn from Banking and Insurance -SJ 01412; Withdrawn from further consideration -SJ 01412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Last Action: 4/29/1999 Senate - Withdrawn from Banking and Insurance -SJ 01412; Withdrawn from further consideration -SJ 01412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
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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4/29/1999 Senate • Withdrawn from Banking and Insurance -SJ 01412; Withdrawn from further consideration -SJ 01412
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SB 2042, Original Filed Version (Current Bill Version) Posted 8/28/2000 at 9:55 AM
Bill Text: Web Page | PDF Analyses: None Related Bills (1)
Bill Number Subject Filed By Relationship Last Action and Location S 2522 (e2) Insurance Holzendorf Compare Last Action: 4/30/1999 H In returning messages; Died in returning Messages, Iden./Sim./Compare Bill(s) passed refer to CS/CS/SB 1566 (Ch. 99-251), CS/SB 2554 (Ch. 99-275)
Location:Citations - Statutes (2)
Citation Catchline Location in Bill Location In Bill Help 627.062 Rate standards. 627.171 Excess rates.