File Code: Insurance - Other than Health
Crossfiled with: HOUSE BILL 726
- Sponsored By:
-
Senator DeGrange
- Entitled:
-
Insurance - Surplus Lines Brokers - Disclosure and Notification
Requirements
Repealing a provision that permits surplus lines brokers to recover
the cost of inspection for the placement of surplus lines insurance if
the surplus lines brokers do not have a financial interest in and do
not receive compensation from the person that performs the inspection;
requiring surplus lines brokers to make clear and conspicuous written
disclosure, on a form approved by the Commissioner, of any financial
interest in a person performing an inspection and whether the broker
will receive compensation from such person; etc.
Senate Action
- 1/28
- First Reading Finance
- 1/30
- Hearing 2/26 at 1:00 p.m.
- 3/7
- Favorable Report by Finance
- 3/8
- Favorable Report Adopted
- Second Reading Passed
- 3/12
- Third Reading Passed (45-0)
- 4/1
- Senate Concur - House Amendments
- Third Reading Passed (46-0)
- Passed Enrolled
- 5/15
- Governor vetoed - Cross-filed bill was signed
House Action
- 3/12
- First Reading Economic Matters
- 3/20
- Hearing 3/28 at 1:00 p.m.
- 4/1
- Favorable with Amendments Report by Economic Matters
- 3/29
- Favorable with Amendments Report Adopted
- Second Reading Passed with Amendments
- 3/30
- Third Reading Passed with Amendments (138-0)
- Bill indexed under the following Subjects:
- AGENTS AND BROKERS
- CONSUMER PROTECTION -see also- UNFAIR TRADE PRACTICES
- DISCLOSURE
- INSPECTIONS -see also- MOTOR VEHICLE INSPECTION
- INSURANCE -see also- HEALTH INS; MAIF; MOTOR VEHICLE INS
- NOTICES
- Bill affects the following Statute:
- Insurance
- (
27-216
)
- Bill Text:
First Reading (PDF),
Third Reading (PDF), Enrolled (PDF)
- Fiscal Note:
Available (PDF)
- Amendments:
- House
- Number: 013296/1 (PDF) Offered on: April 1, 2002 at:
12:14 p.m. Status: Adopted
- Roll Call Votes (Legislative dates are shown):
- Senate
- March 12, 2002: Third Reading Passed (45-0)
- April 1, 2002: Third Reading Passed (46-0)
- House
- March 30, 2002: Third Reading Passed (138-0)
