Legislation

Title: Personal Automobile Insurance - Rescission of Policy or Binder - Misrepresentations by Applicant
Sponsored by: Senator Mathias
Status: In the Senate - Hearing 2/23 at 1:00 p.m.
Analysis: Fiscal and Policy Note

Synopsis

Authorizing an insurer to rescind a policy or binder of personal automobile insurance if an applicant makes specified misrepresentations; requiring the insurer to provide specified notice to an applicant that specified insurance coverage may be rescinded under specified circumstances; requiring an insurer to take specified actions before rescinding specified insurance coverage; applying the Act to all policies and binders of personal automobile insurance issued or delivered in the State on or after October 1, 2016; etc.

Committees

Original:: Finance Click to view Recorded Media

Details

Bill File Type: Regular

Effective Date(s): October 1, 2016

History

Legislation History
Chamber Senate Calendar Date 2/03/2016 Legislative Date 2/04/2016 Action First Reading Finance Proceedings
Chamber Senate Calendar Date 2/09/2016 Legislative Date 2/09/2016 Action Hearing 2/23 at 1:00 p.m. Proceedings

Chamber	Calendar Date	Legislative Date	Action	Proceedings
Senate	2/03/2016	2/04/2016	First Reading Finance
Senate	2/09/2016	2/09/2016	Hearing 2/23 at 1:00 p.m.

Documents

Date Posted	Document Name
2/04/2016	Text - First - Personal Automobile Insurance - Rescission of Policy or Binder - Misrepresentations by Applicant

File Code

Subjects

Statutes