File Code: Insurance - Liability and Miscellaneous
- Sponsored By:
-
Delegate Cummings
- Entitled:
-
Property and Casualty Insurance Guaranty Corporation - Obligations
Excluding from the definition of "covered claim" claims by insureds
with a net worth exceeding $50,000,000; providing that any obligation
of the Property and Casualty Insurance Guaranty Corporation to defend
an insured ceases on payment of a specified amount; providing that any
obligation of the Corporation ceases when $10,000,000 has been paid by
the Corporation and specified other entities on claims arising under
policies of one insolvent insurer; authorizing the Corporation to
allocate specified amounts payable in an equitable manner; etc.
House Action
- 2/27
- First Reading House Rules
- 3/4
- Re-referred Economic Matters
- 3/5
- Hearing 3/13 at 1:00 p.m.
- 4/4
- Favorable with Amendments Report by Economic Matters
- 3/29
- Favorable with Amendments Report Adopted
- Second Reading Passed with Amendments
- 3/30
- Third Reading Passed (132-2)
Senate Action
- 4/3
- First Reading Senate Rules
- 4/6
- Re-referred Finance
- 4/8
- Favorable with Amendments Report by Finance
- 4/5
- Favorable with Amendments
- Special Order later (Sen. Dyson) Adopted
- Bill indexed under the following Subject:
- INSURANCE-GENERAL
- Bill affects the following Statutes:
- Insurance
- (
9-301 ,
9-310.1
)
- Article - 48A Insurance Code
- (
505 ,
513
)
- Bill Text:
- First Reading (PDF),
Third Reading (PDF), Enrolled
- Fiscal Note:
Available (PDF)
Amendments:
- House
- Number: 113255/1 (PDF) Offered on: APRIL 4, 1996 at: 10:29
Status: Adopted
- Senate
- Number: 407236/1 (PDF) Offered on: APRIL 8, 1996 at: 19:39
Status: Special Ordered