2004 Regular Session

SENATE BILL 438

File Code: Insurance - Other than Health
Sponsored By:
Senators Kelley, Forehand, Garagiola, Grosfeld, and Miller
Entitled:
Medical Malpractice Insurance - Excessive Rates

Synopsis:

Providing that, for medical malpractice insurance, a rate is excessive if the rate does not reflect all dividends, rate credits, and any other form or type of refund or credit that the insurer has issued, or reasonably may be expected to issue, during the period the rate will be in effect or if for any other reason the rate is unreasonably high for the insurance provided.

History by Legislative Date

Senate Action
2/5
First Reading Finance
2/11
Hearing 2/25 at 1:00 p.m.
House Action
No Action
Sponsored by:
Senator Delores G. Kelley, District 10
Senator Jennie M. Forehand, District 17
Senator Rob Garagiola, District 15
Senator Sharon M. Grosfeld, District 18
Senator Thomas V. Mike Miller, Jr., District 27
Bill indexed under the following Subjects:
INSURANCE -see also- HEALTH INS; MAIF; MOTOR VEHICLE INS
MEDICAL MALPRACTICE
PRICES -see also- CONSUMER PRICE INDEX
Bill affects the following Statutes:
Insurance
( 11-205 , 11-205 )

Documents:

Bill Text: First Reading (PDF), Third Reading, Enrolled
Fiscal Note: Available (PDF)
Amendments: None offered