SENATE BILL 585

Sponsored By:

Senator Astle

Entitled:

Insurance - Termination of Agency Agreements - Renewals of Policies

Synopsis:

Altering, from 1 year to 2 years, the amount of time during which an insurer, that is not a life, health, surety, wet marine and transportation, or title insurer, shall continue to renew through an agent or broker with which the agency agreement has terminated policies that have not been replaced with other insurers.

Legislative History

Senate Action

1/31

First Reading Finance

Hearing 2/26 at 1:00 p.m.

3/10

Favorable Report by Finance

3/11

Favorable Report Adopted

Second Reading Passed

3/13

Third Reading Passed (47-0)

3/31

Returned Passed

5/22

Governor vetoed - Cross-filed bill was signed

House Action

3/14

First Reading Economic Matters

3/17

Hearing 3/20 at 1:00 p.m.

3/28

Favorable Report by Economic Matters

3/26

Favorable Report Adopted

Second Reading Passed

3/27

Third Reading Passed (134-0)

Bill indexed under the following Subjects:

AGENTS AND BROKERS

INSURANCE -see also- HEALTH INSURANCE; MOTOR VEHICLE INS

Bill affects the following Statutes:

Insurance

( 27-503 , 27-503 )

Documents:

Bill Text:

First Reading (PDF), Third Reading (PDF), Enrolled

Fiscal Note: Available (PDF)