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1999 SESSION

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HB 1274 Insurance; rebates and charges in excess of premium prohibited.

Introduced by: William K. Barlow | all patrons    ...    notes | add to my profiles

SUMMARY AS PASSED HOUSE: (all summaries)

Insurance; rebates and charges in excess of premium prohibited; exceptions. Prohibits insurance agents and other insurer representatives from requesting or receiving from an insurance applicant any compensation in excess of required insurance premium payments, unless (i) the applicant consents to such additional compensation, in writing, before insurance services are rendered and (ii) a schedule of fees and documentation for services is made available to applicants and policy holders, upon request.


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