Legislature(2005 - 2006)
2005-04-29 Senate Journal
Full Journal pdf2005-04-29 Senate Journal Page 1211 HB 216 The Labor and Commerce Committee considered CS FOR HOUSE BILL NO. 216(L&C)(title am) "An Act relating to policy forms and rates that require filing; requiring the filing of certain rates, rating schedules, loss cost adjustments, and rating plans with the director of the division of insurance; establishing a procedure for the director of the division of insurance to obtain additional supporting information from an insurer for a filing; relating to an application for a rate other than that in an applicable rate filing; requiring prior approval for certain rating systems and the procedure for approving a filing; providing for the issuance of orders relating to nonconforming filings after a hearing; relating to the regulation of joint underwriting and joint reinsurance; relating to flex rating; relating to file and use, filing of rates, supplementary rate information, and supporting information; authorizing the director of the division of insurance to require prior approval; relating to form filing subject to prior approval and form filing subject to file and use; and providing for penalties relating to file and use." Signing do pass: Senator Seekins, Chair; Senator Ben Stevens. Signing no recommendation: Senators Ellis, Davis. The following previously published fiscal information applies: Fiscal Note No. 1, zero, Department of Commerce, Community and Economic Development President Stevens removed the Finance Committee referral on the bill. The bill was referred to the Rules Committee.