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2008 SESSION

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HB 914 Liability, fire, and motor vehicle insurance policies; establishes exceptions to prohibitions.

Introduced by: Harry R. Purkey | all patrons    ...    notes | add to my profiles

SUMMARY AS INTRODUCED:

Nonrenewal of liability, fire, and motor vehicle insurance policies.  Establishes exceptions to prohibitions on the refusal to renew certain liability, fire, and motor vehicle insurance policies.  Such renewal provisions will not apply to an insurer if an affiliated insurer has manifested its willingness to provide coverage at a lower premium than would have been charged for the same exposures on the expiring policy.  SB 612 is identical.


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