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
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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
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SB 2570, Original Filed Version (Current Bill Version) Posted 3/20/2003 at 12:43 PM
Bill Text: Web Page | PDF Analyses: None Related Bills (8)
Bill Number Subject Filed By Relationship Last Action and Location H 531 Insurance Consumer Protection Act Allen Compare Last Action: 5/2/2003 H Died in Committee on Insurance Regulation (IN)
Location:H 1271 Insurance/Consumer Protection Laws Bucher Compare Last Action: 5/2/2003 H Died in Committee on Insurance
Location:H 1713 (e1) Medical Incidents Health Care Compare Last Action: 5/2/2003 S Died in Committee on Health, Aging, and Long-Term Care, Link/Iden/Sim/Compare passed, refer to CS/SB 2-D (Ch. 2003-416)
Location:S 560 (e1) Medical Malpractice Peaden Compare Last Action: 5/2/2003 H Died in Messages, Link/Iden/Sim/Compare passed, refer to CS/SB 2-D (Ch. 2003-416)
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 1308 (c1) Insurance Ratemaking Alexander Compare Last Action: 5/2/2003 S Died on Calendar, Link/Iden/Sim/Compare passed, refer to HB 513 (Ch. 2003-281)
Location:Citations - Statutes (1)
Citation Catchline Location in Bill Location In Bill Help 627.062 Rate standards.