Insurance rates; policies transferred pursuant to agent book transfer. (HB2256)
Introduced By
Sen. Todd E. Pillion (R-Abingdon) with support from co-patron Del. Terry Kilgore (R-Gate City)
Progress
✓ |
Introduced |
✗ |
Passed Committee |
☐ |
Passed House |
☐ |
Passed Senate |
☐ |
Signed by Governor |
☐ |
Became Law |
Description
Insurance rates; policies transferred pursuant to agent book transfer. Clarifies that an insurer may cap the renewal rates for policies that have been transferred by an agent from one insurer to another insurer pursuant to an agent book transfer, to the same extent that such rates may be capped for policyholders whose coverage is continued by that insurer. Read the Bill »
Outcome
Bill Has Failed
History
| Date | Action |
|---|---|
| 01/19/2015 | Presented and ordered printed 15103698D |
| 01/19/2015 | Referred to Committee on Commerce and Labor |
| 01/28/2015 | Impact statement from SCC (HB2256) |
| 01/29/2015 | Tabled in Commerce and Labor |