1997 Regular Session

SENATE BILL 476

File Code: Insurance - Liability and Miscellaneous Prior Year Introduction As: HB 1017/96 - ECM Crossfiled with: HOUSE BILL 509
Sponsored By:
Senator Della
Entitled:
Insurance - Change of Agent or Broker of Record

Synopsis:

Requiring an authorized insurer to accept and honor a request for a change of agent or broker of record within 30 working days after receipt of the request; requiring a new agent or broker of record to have a current appointment and contract with the authorized insurer before the change of agent or broker of record will be effective; requiring a request for a change of agent or broker of record to be in writing and include specified information; requiring the new agent or broker of record to receive specified commissions; etc.

Legislative History

Senate Action
1/30
First Reading Finance
Hearing 2/26 at 1:00 p.m.
4/2
Favorable with Amendments Report by Finance
4/3
Favorable with Amendments
Committee Amendment Withdrawn
Substitute Committee Amendment (Finance) Adopted
Favorable with Amendments Report Adopted
Second Reading Passed with Amendments
4/4
Third Reading Passed (47-0)
4/6
Returned Passed
5/22
Governor vetoed - Cross-filed bill was signed
House Action
3/31
First Reading Economic Matters
4/5
Favorable Report by Economic Matters
4/1
Favorable Report Adopted
Second Reading Passed
4/3
Third Reading Passed (136-0)
Bill indexed under the following Subjects:
AGENTS AND BROKERS
CONTRACTS -see also- LAND INSTALLMENT CONTRACTS; PROCUREMENT
INSURANCE -see also- HEALTH INSURANCE; MOTOR VEHICLE INS
SALARIES
Bill affects the following Statute:
Insurance
( 27-911 )

Documents:

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

Amendments:
Senate
Number: 557141/2 (PDF) Offered on: APRIL 3, 1997 at: 12:26 Status: Adopted
Number: 587243/1 (PDF) Offered on: APRIL 3, 1997 at: 12:26 Status: Withdrawn