Certificates of insurance; unfair insurance trade practices. (SB47)

Introduced By

Sen. John Watkins (R-Midlothian)

Progress

Introduced
Passed Committee
Passed House
Passed Senate
Signed by Governor
Became Law

Description

Certificates of insurance; property and casualty insurance.  Prohibits any person from (i) issuing or delivering a certificate of insurance that attempts to confer any rights upon a third party beyond what the referenced policy of insurance expressly provides; (ii) knowingly demanding or requiring the issuance of a certificate of insurance from an insurer, insurance producer, or policyholder that contains any false or misleading information concerning the policy; (iii) knowingly preparing or issuing a certificate of insurance that contains any false or misleading information or that purports to affirmatively or negatively alter, amend, or extend the coverage provided by the policy; or (iv) issuing or delivering a certificate of insurance that does not contain a statement regarding such matters. In addition, a certificate of insurance may not represent an insurer's obligation to give notice of cancellation or nonrenewal to a third party unless the giving of the notice is required by the policy. Amends § 38.2-518, of the Code of Virginia. Read the Bill »

Outcome

Bill Has Passed

History

DateAction
01/04/2012Prefiled and ordered printed; offered 01/11/12 12102001D
01/04/2012Referred to Committee on Commerce and Labor
01/16/2012Reported from Commerce and Labor with substitute (16-Y 0-N) (see vote tally)
01/16/2012Committee substitute printed 12104231D-S1
01/18/2012Constitutional reading dispensed (39-Y 0-N) (see vote tally)
01/19/2012Read second time
01/19/2012Reading of substitute waived
01/19/2012Committee substitute agreed to 12104231D-S1
01/19/2012Engrossed by Senate - committee substitute SB47S1
01/20/2012Bills placed in block (39-Y 0-N) (see vote tally)
01/20/2012Read third time and passed Senate (38-Y 0-N) (see vote tally)
01/20/2012Reconsideration of passage agreed to by Senate (39-Y 0-N) (see vote tally)
01/20/2012Passed Senate (39-Y 0-N) (see vote tally)
01/24/2012Impact statement from SCC (SB47S1)
02/13/2012Placed on Calendar
02/13/2012Read first time
02/13/2012Referred to Committee on Commerce and Labor
02/16/2012Reported from Commerce and Labor with amendments (22-Y 0-N) (see vote tally)
02/20/2012Read second time
02/21/2012Engrossed by House as amended SB47
02/21/2012Read third time
02/21/2012Committee amendments agreed to
02/21/2012Engrossed by House as amended
02/21/2012Passed House with amendments BLOCK VOTE (100-Y 0-N)
02/21/2012VOTE: BLOCK VOTE PASSAGE (100-Y 0-N) (see vote tally)
02/23/2012House amendments agreed to by Senate (37-Y 1-N) (see vote tally)
02/28/2012Enrolled
02/28/2012Bill text as passed Senate and House (SB47ER)
02/28/2012Signed by Speaker
02/29/2012Impact statement from SCC (SB47ER)
02/29/2012Signed by President
03/20/2012G Approved by Governor-Chapter 277 (effective 7/1/12)
03/20/2012G Acts of Assembly Chapter text (CHAP0277)

Video

This bill was discussed on the floor of the General Assembly. Below is all of the video that we have of that discussion, 1 clip in all, totaling 1 minute.