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2002 SESSION

• | print version

SB 154 Insurance; rates by large commercial risks.

Introduced by: Thomas K. Norment, Jr. | all patrons    ...    notes | add to my profiles

SUMMARY AS PASSED: (all summaries)

Insurance rates; large commercial risks. Includes the premiums paid for professional liability and workers' compensation insurance in calculations of the amount a person or entity pays in annual aggregate nationwide insurance premiums. Payment of annual aggregate nationwide insurance premiums in excess of $100,000 is one criterion for determining whether a person or entity is a large commercial risk. Insurers are not required to file or obtain approval for insurance policies and rates used in the insurance of large commercial risks.

FULL TEXT

• 01/09/02  Senate: Presented & ordered printed, prefiled 01/08/02 025773508  pdf | impact statement
• 03/12/02  Senate: Bill text as passed Senate and House (SB154ER)  pdf | impact statement
• 04/04/02  Governor: Acts of Assembly Chapter text (CHAP0437)  pdf

HISTORY

• 01/09/02  Senate: Presented & ordered printed, prefiled 01/08/02 025773508
• 01/09/02  Senate: Referred to Committee on Commerce and Labor
• 02/04/02  Senate: Reported from Commerce and Labor (10-Y 2-N 2-A)
• 02/06/02  Senate: Constitutional reading dispensed (39-Y 0-N)
• 02/06/02  Senate: VOTE: CONST. RDG. DISPENSED R (39-Y 0-N)
• 02/07/02  Senate: Read second time and engrossed
• 02/08/02  Senate: Read third time and passed Senate (35-Y 4-N 1-A)
• 02/08/02  Senate: VOTE: PASSAGE (35-Y 4-N 1-A)
• 02/08/02  Senate: Communicated to House
• 02/18/02  House: Placed on Calendar
• 02/18/02  House: Read first time
• 02/18/02  House: Referred to Committee on Commerce and Labor
• 02/26/02  House: Reported from Commerce and Labor (17-Y 5-N)
• 02/28/02  House: Read second time
• 03/01/02  House: Read third time
• 03/01/02  House: Passed House (91-Y 5-N)
• 03/01/02  House: VOTE: PASSAGE (91-Y 5-N)
• 03/12/02  Senate: Bill text as passed Senate and House (SB154ER)
• 03/18/02  Senate: Enrolled
• 03/18/02  House: Signed by Speaker
• 03/19/02  Senate: Signed by President
• 04/02/02  Governor: Approved by Governor-Chapter 437 (effective 7/1/02)
• 04/04/02  Governor: Acts of Assembly Chapter text (CHAP0437)