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- Subject Index: Since 1995
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1996 SESSION
HB 613 Title insurance; loss reserves.
Introduced by: John Watkins | all patrons ... notes | add to my profiles
SUMMARY:
Title insurance; loss reserves. Establishes a statutory formula for determining required loss reserves for title insurance companies. Under the bill, reserve adequacy is based on an actuarial comparison of total recorded reserves to a projection of ultimate losses not yet paid. Methods for determining additional reserves for both domestic and foreign or alien title insurance companies are also established in the bill.
FULL TEXT
- 01/19/96 House: Presented & ordered printed 961026484 pdf
- 03/12/96 House: Bill text as passed House and Senate (HB613ER) pdf
- 04/05/96 Governor: Acts of Assembly Chapter text (CHAP0494) pdf
HISTORY
- 01/19/96 House: Presented & ordered printed 961026484
- 01/19/96 House: Referred to Committee on Corporations, Insurance and Banking
- 01/25/96 House: Reported from Corp., Ins. & Banking (21-Y 0-N)
- 01/26/96 House: Read first time
- 01/29/96 House: Read second time and engrossed
- 01/30/96 House: Read third time and passed House (96-Y 0-N)
- 01/30/96 House: VOTE: PASSAGE (96-Y 0-N)
- 01/30/96 House: Communicated to Senate
- 01/31/96 Senate: Read first time
- 01/31/96 Senate: Referred to Committee on Commerce and Labor
- 02/26/96 Senate: Reported from Commerce and Labor (13-Y 0-N 2-A)
- 02/27/96 Senate: Constitutional reading dispensed (40-Y 0-N)
- 02/27/96 Senate: VOTE: CONST. READING DISPENSED (40-Y 0-N)
- 02/28/96 Senate: Read third time
- 02/28/96 Senate: Passed Senate (36-Y 1-N 3-A)
- 02/28/96 Senate: VOTE: PASSAGE (36-Y 1-N 3-A)
- 02/28/96 Senate: Rec. of passage agreed to by Senate (40-Y 0-N)
- 02/28/96 Senate: VOTE: RECONSIDER (40-Y 0-N)
- 02/28/96 Senate: Passed Senate (36-Y 0-N 4-N)
- 02/28/96 Senate: VOTE: PASSAGE (36-Y 0-N 4-N)
- 03/12/96 House: Bill text as passed House and Senate (HB613ER)
- 03/20/96 House: Enrolled
- 03/21/96 Senate: Signed by President
- 03/22/96 House: Signed by Speaker
- 04/01/96 Governor: Approved by Governor-Chapter 494 (effective 7/1/96)
- 04/05/96 Governor: Acts of Assembly Chapter text (CHAP0494)