HOUSE BILL 1301

File Code: Insurance - Other than Health Crossfiled with: SENATE BILL 436

Sponsored By:

Delegate Hurson

Entitled:

Medical Malpractice Insurance - Rates and Rate Filings

Synopsis:

Requiring that, in establishing rates for medical malpractice insurance, due consideration be given to total investment income; providing that, for medical malpractice insurance, a rate is excessive if the rate does not reflect the total investment income that the insurer reasonably can be expected to earn on all its assets during the period the rate will be in effect or if for any other reason the rate is unreasonably high for the insurance coverage provided; etc.

History by Legislative Date

House Action

2/13

First Reading Economic Matters

2/24

Hearing 3/2 at 11:00 a.m.

4/8

Withdrawn

Senate Action

No Action

Bill indexed under the following Subjects:

INSURANCE -see also- HEALTH INS; MAIF; MOTOR VEHICLE INS

INVESTMENTS -see also- SECURITIES

MEDICAL MALPRACTICE

PRICES -see also- CONSUMER PRICE INDEX

Bill affects the following Statutes:

Insurance

( 11-205 , 11-205 , 11-206 )

Documents:

Bill Text: First Reading (PDF), Third Reading, Enrolled

Fiscal Note: Available (PDF)

Amendments: None offered