2001 Regular Session

HOUSE BILL 385

CHAPTER NUMBER: 218 File Code: Insurance - Other than Health
Sponsored By:
Delegate Barve
Entitled:
Insurance - Improper Premiums and Charges - Policy Fee Charged by Surplus Lines Brokers

Synopsis:

Altering the $75 limit on the policy fee that a surplus lines broker may charge on each policy procured by a qualified agent or qualified broker to whom the surplus lines broker pays a commission; and specifying different fee limits for a personal lines policy and a commercial lines policy.

History by Legislative Date

House Action
1/31
First Reading Economic Matters
Hearing 2/7 at 1:00 p.m.
2/26
Favorable with Amendments Report by Economic Matters
2/27
Favorable with Amendments Report Adopted
Second Reading Passed with Amendments
3/1
Third Reading Passed (139-0)
3/28
Returned Passed
4/20
Signed by the Governor Chapter 218
Senate Action
3/2
First Reading Finance
3/9
Hearing 3/27 at 1:00 p.m.
3/30
Favorable Report by Finance
Favorable Report Adopted
Second Reading Passed
3/31
Third Reading Passed (47-0)
Bill indexed under the following Subjects:
AGENTS AND BROKERS
FEES -see also- DEVELOPMENT FEES AND TAXES
INSURANCE -see also- HEALTH INS; MAIF; MOTOR VEHICLE INS
Bill affects the following Statutes:
Insurance
( 27-216 , 27-216 )

Documents:

Bill Text: First Reading (PDF), Third Reading (PDF), Enrolled
Fiscal Note: Available (PDF)
Amendments:
House
Number: 833997/1 (PDF)     Offered on: February 27, 2001   at: 11:10 a.m.     Status: Adopted
Roll Call Votes (Legislative dates are shown):
House
March 1, 2001: Third Reading Passed (139-0)
Senate
March 31, 2001: Third Reading Passed (47-0)