SB 2570: Insurance Rate Standards
GENERAL BILL by Geller
Insurance Rate Standards; conforms provisions re regulation by Insurance Regulation Office; provides for director of that office to establish rates prior to their taking effect; provides procedures for such filings; prohibits certain judgments or settlements involving bad faith actions or punitive damages from being included in insurer's rate base or used to justify rate change; requires certain underwriting rules to be filed, etc. Amends 627.062.
Effective Date: Upon becoming law
Last Action: 5/2/2003 Senate - Died in Committee on Banking and Insurance
Bill Text: Web Page | PDF
Last Action: 5/2/2003 Senate - Died in Committee on Banking and Insurance
Bill Text: Web Page | PDF
Bill History
| Date | Chamber | Action |
|---|---|---|
| 3/4/2003 | Senate |
• Filed |
| 3/27/2003 | Senate |
• Introduced, referred to Banking and Insurance; Governmental Oversight and Productivity; Judiciary -SJ 00285 |
| 5/2/2003 | Senate |
• Died in Committee on Banking and Insurance |