Travel insurance; establishes procedures and requirements. (SB1565)

Introduced By

Sen. Siobhan Dunnavant (R-Henrico)

Progress

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

Description

Travel insurance. Establishes procedures and requirements for travel protection plans and travel administrators. The measure defines a "travel protection plan" as any plan that provides travel insurance, travel assistance services, or cancellation fee waivers and defines a "travel administrator" as a person who directly or indirectly underwrites, collects, charges collateral or premiums from, or adjusts or settles claims on residents of the Commonwealth, in connection with travel insurance. The measure establishes a premium tax on travel insurance premiums paid by residents of the Commonwealth and establishes acceptable practices for the sale and advertising of travel insurance. The measure has a delayed effective date of October 1, 2019. Read the Bill »

Status

01/09/2019: Awaiting a Vote in the Commerce and Labor Committee

History

DateAction
01/09/2019Prefiled and ordered printed; offered 01/09/19 19102495D
01/09/2019Referred to Committee on Commerce and Labor
01/20/2019Impact statement from SCC (SB1565)

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