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CS/SB 916: Commercial Insurer Rate Filing Procedures

GENERAL BILL by Banking and Insurance ; Montford

Commercial Insurer Rate Filing Procedures; Restricting to certain property rate filings a requirement that the chief executive officer or chief financial officer and chief actuary of a property insurer certify the information contained in a rate filing; exempting commercial nonresidential multiperil insurance from annual base rate filing, etc.

Effective Date: 7/1/2015
Last Action: 4/28/2015 House - Died in Messages, companion bill(s) passed, see CS/CS/CS/HB 165 (Ch. 2015-135)
Bill Text: Web Page | PDF
Senate Committee References:
  1. Banking and Insurance (BI)
  2. Commerce and Tourism (CM)
  3. Rules (RC)

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  • Bill History

    Date Chamber Action
    2/13/2015 Senate • Filed
    2/26/2015 Senate • Referred to Banking and Insurance; Commerce and Tourism; Rules -SJ 94
    3/3/2015 Senate • Introduced -SJ 94
    3/5/2015 Senate • On Committee agenda-- Banking and Insurance, 03/10/15, 1:30 pm, 110 Senate Office Building
    3/10/2015 Senate • CS by Banking and Insurance; YEAS 9 NAYS 0 -SJ 192
    3/11/2015 Senate • Pending reference review under Rule 4.7(2) - (Committee Substitute)
    3/12/2015 Senate • Now in Commerce and Tourism -SJ 192
    3/17/2015 Senate • CS by Banking and Insurance read 1st time -SJ 208
    3/25/2015 Senate • On Committee agenda-- Commerce and Tourism, 03/30/15, 4:00 pm, 110 Senate Office Building
    3/30/2015 Senate • Favorable by Commerce and Tourism; YEAS 4 NAYS 0 -SJ 259
    3/31/2015 Senate • Now in Rules -SJ 259
    4/6/2015 Senate • On Committee agenda-- Rules, 04/09/15, 9:00 am, 110 Senate Office Building
    4/9/2015 Senate • Favorable by- Rules; YEAS 12 NAYS 0 -SJ 377
    4/10/2015 Senate • Placed on Calendar, on 2nd reading -SJ 377
    4/20/2015 Senate • Placed on Special Order Calendar, 04/23/15
    4/23/2015 Senate • Read 2nd time -SJ 528
    • Placed on 3rd reading
    4/24/2015 Senate • Read 3rd time -SJ 619
    • CS passed; YEAS 38 NAYS 0 -SJ 619
    4/24/2015 House • In Messages
    4/28/2015 House • Died in Messages, companion bill(s) passed, see CS/CS/CS/HB 165 (Ch. 2015-135)

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  • CS/SB 916, Committee Substitute 1 (Current Bill Version) Posted 3/11/2015 at 12:11 PM

    Bill Text:   Web Page | PDF
    Analyses:   Commerce and Tourism (Pre-Meeting) 3/27/2015 (pdf)
    Commerce and Tourism (Post-Meeting) 3/30/2015 (pdf)
    Rules (Pre-Meeting) 4/7/2015 (pdf)
    Rules (Post-Meeting) 4/10/2015 (pdf)

    Related Bills (2)

    Bill Number Subject Filed By Relationship Last Action and Location Track Bills
    H 639 (c1) Commercial Insurance Rate Filing Procedures Plakon Identical Last Action: 4/28/2015 H Died in Regulatory Affairs Committee, companion bill(s) passed, see CS/CS/CS/HB 165 (Ch. 2015-135)
    Location: In committee/council (RAC)
    H 165 (er) Property and Casualty Insurance Santiago Compare Last Action: 6/15/2015 Chapter No. 2015-135
    Location: Became Law

    Committee Votes (2)

    Date Committee Result
    3/30/2015 4:00 PM Commerce and Tourism 4 Yeas - 0 Nays
    4/9/2015 9:00 AM Rules 12 Yeas - 0 Nays

    Floor Votes (1)

    Date Chamber Result
    4/24/2015 11:22 AM Senate 38 Yeas - 0 Nays

    Citations - Statutes (2)

    Citation Catchline Location in Bill Location In Bill Help
    627.062 Rate standards. Page 1 (pdf)
    627.0645 Annual filings. Page 2 (pdf)

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  • SB 916, Original Filed Version Posted 2/13/2015 at 3:56 PM

    Bill Text:   Web Page | PDF
    Analyses:   Banking and Insurance (Pre-Meeting) 3/9/2015 (pdf)
    Banking and Insurance (Post-Meeting) 3/11/2015 (pdf)

    Related Bills (1)

    Bill Number Subject Filed By Relationship Last Action and Location Track Bills
    H 639 (c1) Commercial Insurance Rate Filing Procedures Plakon Similar Last Action: 4/28/2015 H Died in Regulatory Affairs Committee, companion bill(s) passed, see CS/CS/CS/HB 165 (Ch. 2015-135)
    Location: In committee/council (RAC)

    Committee Amendments (1)

    Amendment Sponsor Filed Last Committee Action Format
    634480 - Amendment
    Delete lines 23 - 71 and insert:
    Banking and Insurance
    (Montford)
    3/9/2015
    7:28 AM
    Replaced by Committee Substitute
    3/10/2015
    Web Page
    PDF

    Committee Votes (1)

    Date Committee Result
    3/10/2015 1:30 PM Banking and Insurance 9 Yeas - 0 Nays

    Citations - Statutes (3)

    Citation Catchline Location in Bill Location In Bill Help
    627.062 Rate standards. Page 1 (pdf)
    627.0645 Annual filings. Page 2 (pdf)
    627.0651 Making and use of rates for motor vehicle insurance. Page 3 (pdf)

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