2002 Regular Session

SENATE BILL 807

File Code: Insurance - Other than Health Crossfiled with: HOUSE BILL 1236
Sponsored By:
Senator DeGrange
Entitled:
Homeowner's Insurance - Cancellation

Synopsis:

Authorizing an insurer to cancel a specified policy of homeowner's insurance under which a one-time guaranteed fully refundable deposit is required for a stated amount of coverage, if the cancellation takes effect on the anniversary date of the inception of the policy, is not based on a claim that occurred more than 3 years before the anniversary date of the policy, and is in accordance with specified provisions of law.

History by Legislative Date

Senate Action
2/13
First Reading Senate Rules
2/15
Re-referred Finance
2/21
Hearing 3/15 at 1:00 p.m.
3/22
Favorable with Amendments Report by Finance
Favorable with Amendments Report Adopted
Second Reading Passed with Amendments
3/25
Third Reading Passed (46-0)
4/4
Senate Concur - House Amendments
Third Reading Passed (46-0)
Passed Enrolled
5/15
Governor vetoed - Policy
House Action
3/25
First Reading Economic Matters
3/27
Hearing 4/2 at 1:00 p.m.
4/4
Favorable with Amendments Report by Economic Matters
4/1
Favorable with Amendments Report Adopted
Second Reading Passed with Amendments
4/2
Third Reading Passed with Amendments (138-0)
Bill indexed under the following Subjects:
CONSUMER PROTECTION -see also- UNFAIR TRADE PRACTICES
INSURANCE -see also- HEALTH INS; MAIF; MOTOR VEHICLE INS
Bill affects the following Statute:
Insurance
( 27-501 )

Documents:

Bill Text: First Reading (PDF), Third Reading (PDF), Enrolled (PDF)
Fiscal Note: Available (PDF)
Amendments:
Senate
Number: 347972/1 (PDF)     Offered on: March 22, 2002   at: 1:55 p.m.     Status: Adopted
House
Number: 243096/1 (PDF)     Offered on: April 4, 2002   at: 10:40 a.m.     Status: Adopted
Roll Call Votes (Legislative dates are shown):
Senate
March 25, 2002: Third Reading Passed (46-0)
April 4, 2002: Third Reading Passed (46-0)
House
April 2, 2002: Third Reading Passed (138-0)