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CS/HB 885: Residential Property Insurance

GENERAL BILL by Insurance and Banking Subcommittee ; Wood

Residential Property Insurance; Revises costs to be included in rate filing; revises overall premium increase for rate filing; revises information that must be included in rate filing relating to reinsurance; deletes provision prohibiting insurer from implementing rate increase within 6 months before it makes certain rate filings; deletes provision prohibiting insurer from filing for rate increase within 6 months after it makes certain rate filings.

Effective Date: upon becoming a law
Last Action: 5/7/2011 House - Died on Calendar, companion bill(s) passed, see CS/CS/CS/SB 408 (Ch. 2011-39)
Bill Text: Web Page | PDF

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  • Bill History

    Date Chamber Action
    2/21/2011 House • Filed
    3/3/2011 House • Referred to Insurance and Banking Subcommittee; Appropriations Committee; Economic Affairs Committee -HJ 76
    3/8/2011 House • Introduced -HJ 76
    3/28/2011 House • PCS on Committee agenda-- Insurance and Banking Subcommittee, 03/30/11, 10:00 am, 404 HOB
    3/30/2011 House • CS by Insurance and Banking Subcommittee; YEAS 13 NAYS 1 -HJ 409
    4/4/2011 House • Pending review of CS under Rule 7.19(c)
    • CS by Insurance and Banking Subcommittee read 1st time -HJ 405
    4/5/2011 House • Original reference(s) removed: Appropriations Committee
    • CS referred to Economic Affairs Committee -HJ 414
    • Now in Economic Affairs Committee -HJ 414
    • On Committee agenda-- Economic Affairs Committee, 04/07/11, 8:00 am, Reed Hall
    4/7/2011 House • Favorable by- Economic Affairs Committee; YEAS 7 NAYS 4 -HJ 590
    • Placed on Calendar -HJ 590
    5/7/2011 House • Indefinitely postponed and withdrawn from consideration
    • Died on Calendar, companion bill(s) passed, see CS/CS/CS/SB 408 (Ch. 2011-39)

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  • CS/HB 885, Committee Substitute 1 (Current Bill Version) Posted 4/4/2011 at 11:38 AM

    Bill Text:   Web Page | PDF
    Analyses:   Economic Affairs Committee (Post-Meeting) 4/7/2011 (pdf)

    Related Bills (1)

    Bill Number Subject Filed By Relationship Last Action and Location Track Bills
    S 408 (er) Property and Casualty Insurance Richter Compare Last Action: 5/17/2011 Chapter No. 2011-39, companion bill(s) passed, see CS/HB 1007 (Ch. 2011-226), HB 4081 (Ch. 2011-11), SB 2156 (Ch. 2011-142)
    Location: Became Law

    Citations - Statutes (1)

    Citation Catchline Location in Bill Location In Bill Help
    627.062 Rate standards. Page 1 (pdf)

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  • HB 885, Original Filed Version Posted 2/21/2011 at 1:40 PM

    Bill Text:   Web Page | PDF
    Analyses:   Insurance and Banking Subcommittee (Post-Meeting) 4/4/2011 (pdf)

    Related Bills (1)

    Bill Number Subject Filed By Relationship Last Action and Location Track Bills
    S 1330 Residential Property Insurance Hays Identical Last Action: 5/7/2011 S Died in Budget
    Location: In committee/council (BC)

    Citations - Statutes (4)

    Citation Catchline Location in Bill Location In Bill Help
    627.062 Rate standards. Page 2 (pdf), Page 4 (pdf)
    627.351 Insurance risk apportionment plans. Page 6 (pdf)
    627.7031 Page 24 (pdf)
    627.7031 Page 27 (pdf)

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