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CS/CS/SB 876: Residential Property Insurance [CPSC]

GENERAL BILL by General Government Appropriations ; Banking and Insurance ; Bennett ; (CO-INTRODUCERS) Dockery ; Hill

Residential Property Insurance [CPSC]; Authorizes certain insurers to use a rate different from otherwise applicable filed rates. Limits the maximum average statewide increase for certain rate filings. Preserves the authority of the OIR to disapprove rates as inadequate or disapprove a rate filing for using certain rating factors. Provides requirements for the levy of the Citizens policyholder surcharge, etc.

Effective Date: 01/01/2011
Last Action: 4/30/2010 Senate - Died in Committee on Policy & Steering Committee on Ways and Means
Bill Text: Web Page | PDF



Bill History

Date Chamber Action
12/9/2009 Senate • Filed
1/14/2010 Senate • Referred to Banking and Insurance; General Government Appropriations; Policy & Steering Committee on Ways and Means
3/2/2010 Senate • Introduced, referred to Banking and Insurance; General Government Appropriations; Policy & Steering Committee on Ways and Means -SJ 00064
3/19/2010 Senate • On Committee agenda-- Banking and Insurance, 03/24/10, 1:15 pm, 412-K
3/24/2010 Senate • CS by Banking and Insurance; YEAS 6 NAYS 4 -SJ 00344; CS read 1st time on 03/25/10 -SJ 00347
3/25/2010 Senate • Pending reference review under Rule 4.7(2) - (Committee Substitute)
4/9/2010 Senate • Now in General Government Appropriations -SJ 00344; On Committee agenda-- General Government Appropriations, 04/13/10, 2:45 pm, 401-S
4/13/2010 Senate • CS/CS by General Government Appropriations; YEAS 4 NAYS 0 -SJ 00636; CS read 1st time on 04/16/10 -SJ 00637
4/15/2010 Senate • Pending reference review under Rule 4.7(2) - (Committee Substitute)
4/16/2010 Senate • Now in Policy & Steering Committee on Ways and Means -SJ 00636; On Committee agenda-- Policy & Steering Committee on Ways and Means, 04/20/10, 2:15 pm, 412-K --Temporarily postponed
4/30/2010 Senate • Died in Committee on Policy & Steering Committee on Ways and Means