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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

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  • Bill History

  • CS/CS/SB 876, Committee Substitute 2 (Current Bill Version) Posted 4/15/2010 at 5:56 PM

  • CS/SB 876, Committee Substitute 1 Posted 3/25/2010 at 3:30 PM

  • SB 876, Original Filed Version Posted 12/9/2009 at 1:25 PM