Surplus lines insurance; diligent effort requirement. (HB298)
Introduced By
Del. Frank Hargrove (R-Glen Allen)
Progress
✓ |
Introduced |
✓ |
Passed Committee |
✓ |
Passed House |
✓ |
Passed Senate |
✓ |
Signed by Governor |
☐ |
Became Law |
Description
Surplus lines insurance; "diligent effort" requirement. Eliminates the requirement that surplus lines brokers make a diligent effort to procure insurance, in a form and at a premium acceptable to the insured, from an insurer licensed in Virginia before he provides a surplus lines policy. Read the Bill »
Outcome
Bill Has Passed
History
Date | Action |
---|---|
01/03/2008 | Committee |
01/03/2008 | Prefiled and ordered printed; offered 01/09/08 088663532 |
01/03/2008 | Referred to Committee on Commerce and Labor |
01/15/2008 | Reported from Commerce and Labor (22-Y 0-N) (see vote tally) |
01/16/2008 | Impact statement from SCC (HB298) |
01/17/2008 | Read first time |
01/18/2008 | Read second time and engrossed |
01/21/2008 | Read third time and passed House BLOCK VOTE (96-Y 0-N) |
01/21/2008 | VOTE: BLOCK VOTE PASSAGE (96-Y 0-N) (see vote tally) |
01/21/2008 | Communicated to Senate |
01/22/2008 | Constitutional reading dispensed |
01/22/2008 | Referred to Committee on Commerce and Labor |
01/23/2008 | Constitutional reading dispensed |
01/23/2008 | Referred to Committee on Commerce and Labor |
02/18/2008 | Reported from Commerce and Labor (15-Y 0-N) |
02/20/2008 | Constitutional reading dispensed (40-Y 0-N) |
02/21/2008 | Read third time |
02/21/2008 | Passed Senate (39-Y 0-N) |
02/21/2008 | Reconsideration of Senate passage agreed to by Senate (39-Y 0-N) |
02/21/2008 | Passed Senate (40-Y 0-N) (see vote tally) |
02/25/2008 | Enrolled |
02/25/2008 | Bill text as passed House and Senate (HB298ER) |
02/25/2008 | Signed by Speaker |
02/26/2008 | Signed by President |
02/27/2008 | Impact statement from SCC (HB298ER) |
03/03/2008 | G Approved by Governor-Chapter 211 (effective 7/1/08) |
03/03/2008 | G Approved by Governor-Chapter 212 (effective 7/1/08) |
03/06/2008 | G Acts of Assembly Chapter text (CHAP0212) |