1997 Regular Session

SENATE BILL 68

File Code: Insurance - Liability and Miscellaneous
Sponsored By:
Senator Boozer
Entitled:
Insurance - Agents or Brokers - Termination of Agency Agreement

Synopsis:

Prohibiting insurers from canceling, terminating, amending, or refusing to renew specified agreements with agents or brokers except under specified circumstances; requiring an insurer to give notice to an agent or broker in a specified manner if the insurer intends to cancel, terminate, or refuse to renew a specified agreement; etc.

Legislative History

Senate Action
10/7
Pre-filed
1/8
First Reading Finance
Hearing 1/28 at 1:00 p.m.
1/10
Hearing cancelled
Hearing 1/28 at 2:00 p.m.
3/13
Favorable Report by Finance
3/14
Favorable Report Adopted
Second Reading Passed
3/18
Third Reading Passed (43-3)
House Action
3/18
First Reading Economic Matters
3/20
Hearing 3/25 at 1:00 p.m.
4/1
Unfavorable Report by Economic Matters
Bill indexed under the following Subjects:
AGENTS AND BROKERS
INSURANCE -see also- HEALTH INSURANCE; MOTOR VEHICLE INS
NOTICES
Bill affects the following Statute:
Insurance
( 27-503 )

Documents:

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