Legislature(2005 - 2006)

2005-04-28 Senate Journal

Full Journal pdf

2005-04-28                     Senate Journal                      Page 1179
HB 216                                                                                            
CS FOR HOUSE BILL NO. 216(L&C)(title am) BY THE HOUSE                                               
LABOR AND COMMERCE COMMITTEE, entitled:                                                             
          "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."                                                      

2005-04-28                     Senate Journal                      Page 1180
was read the first time and referred to the Labor and Commerce and                                  
Finance Committees.