SB 1598: Life Insurance Policies
GENERAL BILL by Baker
Life Insurance Policies; authorizes insurers to issue life insurance policies containing mandatory binding arbitration provision; authorizes such provisions to contain other dispute resolution provisions; requires insurers to provide applicants for policies containing said provision disclosure statement; specifies absence of prohibition against using alternative mandatory binding arbitration in certain insurance policies, etc. Creates 627.4141.
Effective Date: 07/01/2006
Last Action: 5/5/2006 Senate - Died in Committee on Banking and Insurance
Bill Text: Web Page | PDF
Last Action: 5/5/2006 Senate - Died in Committee on Banking and Insurance
Bill Text: Web Page | PDF
Bill History
| Date | Chamber | Action |
|---|---|---|
| 1/25/2006 | Senate |
• Filed |
| 2/13/2006 | Senate |
• Referred to Banking and Insurance; Judiciary |
| 3/7/2006 | Senate |
• Introduced, referred to Banking and Insurance; Judiciary -SJ 00133 |
| 4/13/2006 | Senate |
• On Committee agenda-- Banking and Insurance, 04/20/06, 1:45 pm, 412-K --Temporarily postponed |
| 4/20/2006 | Senate |
• On Committee agenda-- Judiciary, 04/25/06, 1:45 pm, 401-S --Not received |
| 5/5/2006 | Senate |
• Died in Committee on Banking and Insurance |