1999 Regular Session

HOUSE BILL 843

File Code: Insurance - Liability and Miscellaneous
Sponsored By:
Delegates Barve, La Vay, Goldwater, Pendergrass, Kach, Love, and Eckardt
Entitled:
Injured Workers' Insurance Fund - Regulation by Insurance Commissioner Under Insurance Article

Synopsis:

Requiring that the Injured Workers' Insurance Fund (IWIF) be deemed an insurer subject to regulation by the Insurance Commissioner under the Insurance Article; requiring IWIF to pay a premium tax under the Insurance Article; requiring that IWIF become a member of the Property and Casualty Insurance Guarantee Corporation; repealing exceptions for IWIF under prior approval rate setting and competitive rating; etc.

History by Legislative Date

House Action
2/12
First Reading Economic Matters
2/17
Hearing 3/11 at 1:00 p.m.
3/23
Unfavorable Report by Economic Matters
Senate Action
No Action
Sponsored by:
Delegate Kumar P. Barve, District 17
Delegate Adelaide C. Eckardt, District 37B
Delegate Marilyn R. Goldwater, District 16
Delegate A. Wade Kach, District 9A
Delegate Richard La Vay, District 15
Delegate Mary Ann E. Love, District 32
Delegate Shane E. Pendergrass, District 13A
Bill indexed under the following Subjects:
COMMITTEES AND COMMISSIONS -see also- POLITICAL COMMITTEES
INSURANCE ADMINISTRATION
INSURANCE -see also- HEALTH INSURANCE; MOTOR VEHICLE INS
REVENUE AND TAXES -see also specific taxes-
RULES AND REGULATIONS
WORKERS' COMPENSATION
Bill affects the following Statutes:
Insurance
( 1-204 , 6-101 , 9-301 , 11-202 , 11-303 )
Labor and Employment
( 10-105 , 10-125 , 10-126 , 10-130 , 10-132 )

Documents:

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

Amendments: None offered