HB 4169: Insurance Company Excess Profits
GENERAL BILL by Davis ; Bernard ; (CO-INTRODUCERS) Albritton
Insurance Company Excess Profits; Revises provisions prohibiting insurance companies from realizing excessive profits for writing certain lines of insurance coverage to delete workers' compensation & employer's liability insurance coverages from list of lines for which excessive profits are prohibited.
Effective Date: 7/1/2012
Last Action: 3/9/2012 Senate - Died in Messages, companion bill(s) passed, see CS/HB 941 (Ch. 2012-213)
Bill Text: PDF
Last Action: 3/9/2012 Senate - Died in Messages, companion bill(s) passed, see CS/HB 941 (Ch. 2012-213)
Bill Text: PDF
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Bill History
Date Chamber Action 12/20/2011 House • Filed
1/9/2012 House • Referred to Insurance and Banking Subcommittee; Economic Affairs Committee -HJ 155
1/10/2012 House • Introduced -HJ 155
1/26/2012 House • On Committee agenda-- Insurance and Banking Subcommittee, 01/30/12, 2:00 pm, 404 HOB
1/30/2012 House • Favorable by Insurance and Banking Subcommittee; YEAS 11 NAYS 3 -HJ 321
1/31/2012 House • Now in Economic Affairs Committee -HJ 321
2/6/2012 House • On Committee agenda-- Economic Affairs Committee, 02/08/12, 8:00 am, Reed Hall
2/8/2012 House • Favorable by- Economic Affairs Committee; YEAS 13 NAYS 3 -HJ 573
2/9/2012 House • Placed on Calendar -HJ 573
2/10/2012 House • Placed on Special Order Calendar, 02/14/12
2/14/2012 House • Read 2nd time -HJ 595
• Placed on 3rd reading
2/15/2012 House • Read 3rd time -HJ 616
• Passed; YEAS 92 NAYS 25 -HJ 617
2/16/2012 Senate • In Messages
3/9/2012 Senate • Died in Messages, companion bill(s) passed, see CS/HB 941 (Ch. 2012-213)
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HB 4169, Original Filed Version (Current Bill Version) Posted 12/20/2011 at 12:24 PM
Bill Text: PDF Analyses: Insurance and Banking Subcommittee (Post-Meeting) 1/31/2012 (pdf)
Economic Affairs Committee (Post-Meeting) 2/9/2012 (pdf)
Related Bills (1)
Bill Number Subject Filed By Relationship Last Action and Location Track Bills H 941 (er) Insurance Holder Compare Last Action: 5/6/2012 Chapter No. 2012-213
Location: Became Law
Floor Votes (1)
Date Chamber Result 2/15/2012 2:05 PM House 92 Yeas - 25 Nays Citations - Statutes (2)
Citation Catchline Location in Bill Location In Bill Help 627.215 Excessive profits for workers’ compensation, employer’s liability, commercial property, and commercial casualty insurance prohibited. Page 1 (pdf) 628.6017 Converting assessable mutual insurer. Page 9 (pdf)