CHAPTER NUMBER: 80
File Code: Insurance - Other than Health
Crossfiled with: SENATE BILL 366
- Sponsored By:
-
Delegate Barve
- Entitled:
-
Insurance - Surplus Lines Brokers - Disclosure and Notification
Requirements
Repealing a provision that permits surplus lines brokers to recover
the cost of inspection for the placement of surplus lines insurance if
the surplus lines brokers do not have a financial interest in and do
not receive compensation from the person that performs the inspection;
requiring surplus lines brokers to make clear and conspicuous written
disclosures of specified compensation and any financial interest in
the person performing an inspection; etc.
House Action
- 2/6
- First Reading Economic Matters
- 2/13
- Hearing 2/27 at 1:00 p.m.
- 3/18
- Favorable with Amendments Report by Economic Matters
- Favorable with Amendments Report Adopted
- Second Reading Passed with Amendments
- 3/20
- Third Reading Passed (139-0)
- 4/1
- Returned Passed
- 4/9
- Signed by the Governor Chapter 80
Senate Action
- 3/21
- First Reading Finance
- Hearing 3/27 at 1:00 p.m.
- 4/1
- Favorable Report by Finance
- 3/31
- Favorable Report Adopted
- Second Reading Passed
- 4/1
- Third Reading Passed (47-0)
- Bill indexed under the following Subjects:
- AGENTS AND BROKERS
- CONSUMER PROTECTION -see also- UNFAIR TRADE PRACTICES
- DISCLOSURE
- INSPECTIONS -see also- MOTOR VEHICLE INSPECTION
- INSURANCE -see also- HEALTH INS; MAIF; MOTOR VEHICLE INS
- NOTICES
- Bill affects the following Statute:
- Insurance
- (
27-216
)
- Bill Text:
First Reading (PDF),
Third Reading (PDF), Enrolled
- Fiscal Note:
Available (PDF)
- Amendments:
- House
- Number: 273990/1 (PDF) Offered on: March 18, 2002 at:
6:29 p.m. Status: Adopted
- Roll Call Votes (Legislative dates are shown):
- House
- March 20, 2002: Third Reading Passed (139-0)
- Senate
- April 1, 2002: Third Reading Passed (47-0)