SB 662: Insurance [CPSC]
GENERAL BILL by Storms ; (CO-INTRODUCERS) Fasano ; Garcia
Insurance [CPSC]; Prohibits an insurer that issues motor vehicle insurance from using a rate, rating schedule, rating manual, or an underwriting rule that is not contained in a rating manual and is determined in whole or in part on the basis of certain characteristics of an insured. Prohibits the use by insurers of credit reports and credit scores in making rating determinations. Deletes provisions authorizing the Financial Services Commission to adopt rules, etc.
Effective Date: 07/01/2010
Last Action: 4/30/2010 Senate - Died in Committee on Banking and Insurance
Bill Text: Web Page | PDF
Last Action: 4/30/2010 Senate - Died in Committee on Banking and Insurance
Bill Text: Web Page | PDF
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Bill History
Date Chamber Action 11/10/2009 Senate • Filed
12/17/2009 Senate • Referred to Banking and Insurance; Commerce
3/2/2010 Senate • Introduced, referred to Banking and Insurance; Commerce -SJ 00051
4/30/2010 Senate • Died in Committee on Banking and Insurance
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SB 662, Original Filed Version (Current Bill Version) Posted 11/15/2009 at 1:20 AM
Bill Text: Web Page | PDF Analyses: None Related Bills (1)
Bill Number Subject Filed By Relationship Last Action and Location H 771 Insurance Robaina Identical Last Action: 4/30/2010 H Died in Committee on Insurance, Business, & Financial Affairs Policy (GGPC)
Location:Citations - Statutes (2)
Citation Catchline Location in Bill Location In Bill Help 626.9541 Unfair methods of competition and unfair or deceptive acts or practices defined. 626.9741 Use of credit reports and credit scores by insurers.