File Code: Insurance - Liability and Miscellaneous
- Sponsored By:
-
Senator Della
- Entitled:
-
Title Insurers - Reserves
Requiring insurers to alter the amount of unearned premium reserves if
they are inadequate; altering the formula used by title insurers to
calculate reserves applicable to contracts; requiring that specified
reserves be recalculated in accordance with the altered formula;
specifying the disposition of any excess reserves resulting from a
recalculation; and requiring title insurers to file an actuarial
certification in a specified manner.
Senate Action
- 1/29
- First Reading Finance
- Hearing 2/18 at 1:00 p.m.
- 1/31
- Hearing cancelled
- Hearing 2/25 at 1:00 p.m.
- 3/3
- Favorable with Amendments Report by Finance
- 3/4
- Favorable with Amendments Report Adopted
- Second Reading Passed with Amendments
- 3/6
- Third Reading Passed (42-1)
- 4/2
- Senate Concur - House Amendment
- Third Reading Passed (47-0)
- Passed Enrolled
- 5/22
- Governor vetoed - Duplicative
House Action
- 3/7
- First Reading Economic Matters
- 3/20
- Hearing 3/25 at 1:00 p.m.
- 3/28
- Favorable with Amendments Report by Economic Matters
- 3/26
- Favorable with Amendments Report Adopted
- Second Reading Passed with Amendments
- 3/27
- Third Reading Passed with Amendments (135-0)
- Bill indexed under the following Subjects:
- INSURANCE -see also- HEALTH INSURANCE; MOTOR VEHICLE INS
- REPORTS -see also- RECORDS
- TITLES
- Bill affects the following Statutes:
- Insurance
- (
5-202 ,
5-206
)
- Bill Text:
- First Reading (PDF),
Third Reading (PDF), Enrolled (PDF)
- Fiscal Note:
Available (PDF)
Amendments:
- Senate
- Number: 447941/1 (PDF) Offered on: MARCH 4, 1997 at: 11:16
Status: Adopted
- House
- Number: 853167/1 (PDF) Offered on: MARCH 28, 1997 at: 10:31
Status: Adopted