HB16-1025

HB16-1025 - Renewal Property Casualty Insurance

Passed/Signed into Law
Concerning Statutory Recognition That An Insurance Policy May Be Subject To Renewal By An Admitted Insurer Within The Same Insurance Group As The Insurer That Issued The Insurance Policy.

In the property and casualty insurance laws, the bill adds the term "admitted company within the same insurance group" to the definitions of "renewal" or "to renew" in order to acknowledge that an insurance  policy may be subject to renewal by an insurer or an admitted company within the same insurance group as the insurer when a policy is renewed.

Latest update: March 16, 2016
03/16/2016 Governor Signed
03/10/2016 Sent to the Governor
03/10/2016 Signed by the President of the Senate
03/04/2016 Signed by the Speaker of the House
03/01/2016 Senate Third Reading Passed - No Amendments
02/29/2016 Senate Second Reading Passed - No Amendments
02/24/2016 Senate Committee on Business, Labor, & Technology Refer Unamended - Consent Calendar to Senate Committee of the Whole
02/03/2016 Introduced In Senate - Assigned to Business, Labor, & Technology
02/02/2016 House Third Reading Passed - No Amendments
02/01/2016 House Second Reading Passed - No Amendments
01/26/2016 House Committee on Business Affairs and Labor Refer Unamended to House Committee of the Whole
01/13/2016 Introduced In House - Assigned to Business Affairs and Labor