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2012 SESSION
HB 867 Certificates of insurance; unfair insurance trade practices.
Introduced by: Thomas Davis Rust | all patrons ... notes | add to my profiles
SUMMARY AS PASSED HOUSE: (all summaries)
Certificates of insurance; property and casualty insurance. Prohibits any person from (i) issuing or delivering a certificate of insurance that attempts to confer any rights upon a third party beyond what the referenced policy of insurance expressly provides; (ii) knowingly demanding or requiring the issuance of a certificate of insurance from an insurer, insurance producer, or policyholder that contains any false or misleading information concerning the policy; (iii) knowingly preparing or issuing a certificate of insurance that contains any false or misleading information or that purports to affirmatively or negatively alter, amend, or extend the coverage provided by the policy; and (iv) issuing or delivering a certificate of insurance that does not contain a statement regarding such matters. However, such a statement is not required if a certificate of insurance is required by a state or federal agency and accurately reflects the coverage provided by the underlying policies. A certificate of insurance may not represent an insurer's obligation to give notice of cancellation or nonrenewal to a third party unless the giving of the notice is required by the policy. The State Corporation Commission is authorized to determine if a person is engaged in such practice prohibited as an unfair trade practice. This bill is identical to SB 47.
FULL TEXT
- 01/11/12 House: Prefiled and ordered printed; offered 01/11/12 12101182D pdf | impact statement
- 02/07/12 House: Printed as engrossed 12101182D-E pdf | impact statement
- 02/29/12 House: Bill text as passed House and Senate (HB867ER) pdf | impact statement
- 03/20/12 Governor: Acts of Assembly Chapter text (CHAP0273) pdf
AMENDMENTS
HISTORY
- 01/11/12 House: Prefiled and ordered printed; offered 01/11/12 12101182D
- 01/11/12 House: Referred to Committee on Commerce and Labor
- 02/02/12 House: Reported from Commerce and Labor with amendments (22-Y 0-N)
- 02/06/12 House: Read first time
- 02/07/12 House: Read second time
- 02/07/12 House: Committee amendments agreed to
- 02/07/12 House: Engrossed by House as amended HB867E
- 02/07/12 House: Printed as engrossed 12101182D-E
- 02/08/12 House: Read third time and passed House BLOCK VOTE (98-Y 0-N)
- 02/08/12 House: VOTE: BLOCK VOTE PASSAGE (98-Y 0-N)
- 02/09/12 Senate: Constitutional reading dispensed
- 02/09/12 Senate: Referred to Committee on Commerce and Labor
- 02/20/12 Senate: Reported from Commerce and Labor (16-Y 0-N)
- 02/22/12 Senate: Constitutional reading dispensed (39-Y 0-N)
- 02/23/12 Senate: Read third time
- 02/23/12 Senate: Passed Senate (40-Y 0-N)
- 02/29/12 House: Enrolled
- 02/29/12 House: Bill text as passed House and Senate (HB867ER)
- 02/29/12 House: Signed by Speaker
- 03/01/12 Senate: Signed by President
- 03/20/12 Governor: Approved by Governor-Chapter 273 (effective 7/1/12)
- 03/20/12 Governor: Acts of Assembly Chapter text (CHAP0273)