SENATE BILL 402

File Code: Insurance - Liability and Miscellaneous Crossfiled with: HOUSE BILL 1195

Sponsored By:

Senator Della

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

Senate Action

1/31

First Reading Finance

Hearing 2/6 at 1:30 p.m.

3/20

Unfavorable Report by Finance

House Action

No Action

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