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2005 SESSION

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HB 2219 Insurance; insurer may cap renewal rates for certain policies.

Introduced by: Frank D. Hargrove, Sr. | all patrons    ...    notes | add to my profiles

SUMMARY AS INTRODUCED:

Insurance rates; policies acquired from other insurers.  Clarifies that an insurer may cap the renewal rates for policies that have been transferred from another insurer pursuant to a merger, acquisition, or sale, to the same extent that such rates may be capped for policyholders whose coverage is continued by that insurer.


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