HOUSE BILL 1608

File Code: Insurance - Other than Health

Sponsored By:

Delegate Simmons

Entitled:

Insurance Contracts - Insurable Interest - Individuals Related Closely by Blood or Law

Synopsis:

Providing that, for purposes of an insurable interest in an insured under a contract of personal insurance, the individuals related closely by blood or law to the insured shall include the spouse, descendants, ancestors, and siblings of the insured and the descendants of a sibling of the insured; establishing a presumption as to an individual related closely by blood or law to an insured; etc.

History by Legislative Date

House Action

3/24

First Reading House Rules and Executive Nominations

Motion Rules Suspended for late introduction (Delegate Simmons) Adopted (128-0)

Referred House Rules and Executive Nominations

3/26

Re-referred Health and Government Operations

3/29

Hearing 4/1 at 1:00 p.m.

Senate Action

No Action

Bill indexed under the following Subjects:

CONTRACTS -see also- LAND INSTALLMENT CONTRACTS; PROCUREMENT

DISABILITIES -see also- BLIND; DEAF; DEVELOPMENTAL

ESTATES AND TRUSTS

INSURANCE -see also- HEALTH INS; MAIF; MOTOR VEHICLE INS

Bill affects the following Statute:

Insurance

( 12-201 )

Documents:

Bill Text (Displayed in PDF Format): First Reading, Third Reading, Enrolled

Fiscal Note (Displayed in PDF Format): Available

Amendments: None offered

Roll Call Vote (Legislative date is shown):

House

March 24, 2005: Motion Rules Suspended for late introduction (Simmons) Adopted (128-0)