1996 Regular Session

HOUSE BILL 1195

File Code: Insurance - Liability and Miscellaneous Crossfiled with: SENATE BILL 402
Sponsored By:
Delegates Love, Kach, and Hubbard
Entitled:
Insurance Agents - Termination of Agency Agreement - Commissions

Synopsis:

Authorizing the payment and receipt of commissions on specified premiums after the termination of specified agency agreements under specified circumstances; requiring an insurer, under specified circumstances, to continue to renew specified policies at specified rates of commission; providing for the future codification of specified provisions of the Act; etc.

Legislative History

House Action
2/12
First Reading Economic Matters
2/14
Hearing 3/5 at 1:00 p.m.
3/18
Unfavorable Report by Economic Matters
Senate Action
No Action
Sponsored by:
Delegate Mary Ann Love, District 32
Delegate James W. Hubbard, District 23
Delegate A. Wade Kach, District 9A
Bill indexed under the following Subjects:
AGENTS AND BROKERS
INSURANCE-GENERAL
INSURANCE-HEALTH -see also- HEALTH MAINTENANCE ORGANIZATIONS
SALARIES AND COMPENSATION
Bill affects the following Statutes:
Insurance
( 10-130 )
Article - 48A Insurance Code
( 167 , 234B )

Documents:

Bill Text:
First Reading (PDF), Third Reading, Enrolled
Fiscal Note: Available (PDF)

Amendments: None available