2002 Regular Session

HOUSE BILL 1236

File Code: Insurance - Other than Health Crossfiled with: SENATE BILL 807
Sponsored By:
Delegate Brown
Entitled:
Homeowner's Insurance - Cancellation

Synopsis:

Authorizing an insurer to cancel a policy of homeowner's insurance under which a one-time guaranteed fully refundable deposit is required for a stated amount of coverage, if the cancellation takes effect on the anniversary date of the inception of the policy, is not based on a claim that occurred more than 3 years before the anniversary date of the policy, and is in accordance with specified provisions of law.

History by Legislative Date

House Action
2/11
First Reading House Rules and Executive Nominations
2/18
Re-referred Economic Matters
2/20
Hearing 2/27 at 1:00 p.m.
3/25
Favorable with Amendments Report by Economic Matters
3/23
Favorable with Amendments Report Adopted
Second Reading Passed with Amendments
3/24
Third Reading Passed (140-0)
4/6
House Concur - Senate Amendments
Third Reading Passed (127-1)
Passed Enrolled
5/15
Governor vetoed - Policy
Senate Action
3/26
First Reading Finance
Hearing 4/3 at 1:00 p.m.
4/5
Favorable with Amendments Report by Finance
4/3
Favorable with Amendments Report Adopted
Second Reading Passed with Amendments
4/4
Third Reading Passed with Amendments (47-0)
Bill indexed under the following Subjects:
CONSUMER PROTECTION -see also- UNFAIR TRADE PRACTICES
INSURANCE -see also- HEALTH INS; MAIF; MOTOR VEHICLE INS
Bill affects the following Statute:
Insurance
( 27-501 )

Documents:

Bill Text: First Reading (PDF), Third Reading (PDF), Enrolled (PDF)
Fiscal Note: Available (PDF)
Amendments:
House
Number: 663099/1 (PDF)     Offered on: March 25, 2002   at: 1:20 p.m.     Status: Adopted
Senate
Number: 007778/1 (PDF)     Offered on: April 5, 2002   at: 3:03 p.m.     Status: Adopted
Roll Call Votes (Legislative dates are shown):
House
March 24, 2002: Third Reading Passed (140-0)
April 6, 2002: Third Reading Passed (127-1)
Senate
April 4, 2002: Third Reading Passed (47-0)