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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

    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

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

    Bill Text:   Web Page | PDF
    Analyses:   General Government Appropriations (Post-Meeting) (pdf)
    Policy and Steering Committee on Ways and Means (Post-Meeting) (pdf)

    Related Bills (2)

    Bill Number Subject Filed By Relationship Last Action and Location
    H 447 (e1) Property Insurance Proctor Compare Last Action: 4/30/2010 H Died on Calendar, companion bill(s) passed, see CS/CS/CS/CS/HB 663 (Ch. 2010-176), HB 7217 (Ch. 2010-141)
    Location:
    S 2044 (e2) Richter Compare Last Action: 5/7/2011 S Veto Message transmitted to Secretary of State
    Location:

    Citations - Statutes (3)

    Citation Catchline Location in Bill Location In Bill Help
    627.062 Rate standards.
    627.351 Insurance risk apportionment plans.
    627.7031

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

    Bill Text:   Web Page | PDF
    Analyses:   Banking and Insurance (Post-Meeting) (pdf)

    Committee Amendments (1)

    Amendment Sponsor Filed Last Committee Action Format
    891142 - Amendment
    		General Government Appropriations
    (Dean)     		4/12/2010
    12:57 PM     		Replaced by Committee Substitute
    4/14/2010     		PDF

    Committee Votes (1)

    Date Committee Result
    4/13/2010 2:45 PM General Government Appropriations 4 Yeas - 0 Nays

    Citations - Statutes (3)

    Citation Catchline Location in Bill Location In Bill Help
    627.062 Rate standards.
    627.351 Insurance risk apportionment plans.
    627.7031

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

    Bill Text:   Web Page | PDF
    Analyses:   None

    Committee Amendments (2)

    Amendment Sponsor Filed Last Committee Action Format
    247090 - Amendment
    		Banking and Insurance
    (Bennett)     		3/22/2010
    3:17 PM     		Replaced by Committee Substitute
    3/24/2010     		PDF
    445944 - Amendment
    		Banking and Insurance
    (Bennett)     		3/22/2010
    3:17 PM     		Replaced by Committee Substitute
    3/24/2010     		PDF

    Committee Votes (1)

    Date Committee Result
    3/24/2010 1:15 PM Banking and Insurance 6 Yeas - 4 Nays

    Citations - Statutes (3)

    Citation Catchline Location in Bill Location In Bill Help
    627.062 Rate standards.
    627.351 Insurance risk apportionment plans.
    627.7031

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