Wind Underwriting Association; established. (SB318)
Introduced By
Sen. Frank Wagner (R-Virginia Beach)
Progress
✓ |
Introduced |
✗ |
Passed Committee |
☐ |
Passed House |
☐ |
Passed Senate |
☐ |
Signed by Governor |
☐ |
Became Law |
Description
Virginia Wind Underwriting Association. Establishes the Virginia Wind Underwriting Association consisting of all insurers licensed to write property insurance in the Commonwealth. The Association is created to provide insurance against loss to property in Accomack and Northampton Counties and the Cities of Chesapeake, Hampton, Norfolk, and Virginia Beach from the risk of windstorm, in accordance with a plan of operation to be approved by the Commission. Read the Bill »
Outcome
Bill Has Failed
History
Date | Action |
---|---|
01/08/2008 | Prefiled and ordered printed; offered 01/09/08 088666340 |
01/08/2008 | Referred to Committee on Commerce and Labor |
01/21/2008 | Impact statement from SCC (SB318) |
01/28/2008 | Continued to 2009 in Commerce and Labor (15-Y 0-N) (see vote tally) |
Comments
We'll need it, especially given Wagner et al's attitude on curbing the effects of global warming!