KY HB331 | 2010 | Regular Session

Status

Spectrum: Partisan Bill (Democrat 2-0)
Status: Enrolled on April 15 2010 - 75% progression, died in chamber
Action: 2010-04-15 - enrolled, signed by Speaker of the House
Text: Latest bill text (Draft #1) [MS Word]

Summary

Create a new section of Subtitle 20 of KRS Chapter 304 to define "commercial property and casually" and "loss run statement"; require an insurer to provide a loss run statement within ten days of a written request from another insurer; require the receiving insurer to provide the statement to the insured within five calendar days of receipt; provide that a loss run statement shall be for a five-year loss run history or a complete history of the insured if less than five years; prohibit the receiving insurance agent from divulging confidential consumer information to a third person; prohibit an insurer from charging a fee for preparing and furnishing a loss run statement; create a new section of Subtitle 99 of KRS Chapter 304 to provide that an agent who fails to provide a loss run statement as requested within the specified time frame to another insurer or an insured shall be fined not less than $100 nor more than $250 for each day the agent fails to provide the statement.

Tracking Information

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Title

AN ACT relating to insurance loss run statements.

Sponsors


History

DateChamberAction
2010-04-15 enrolled, signed by Speaker of the House
2010-04-15 Bill passed 95-0
2010-04-15 Free Conference Committee report adopted in House
2010-04-15 received in House
2010-04-14 Bill passed 36-1
2010-04-14 Free Conference Committee report adopted in Senate
2010-04-01 Free Conference Committee report filed in House and Senate
2010-04-01 Free Conference Committee appointed in House and Senate
2010-04-01 Conference Committee report adopted in House and Senate
2010-04-01 Conference Committee report filed in House and Senate
2010-04-01 Conference Committee appointed in House
2010-03-29 Conference Committee appointed in Senate
2010-03-29 Senate refused to recede from Committee Substitute
2010-03-29 posted for passage for receding from Senate Committee Substitute
2010-03-29 received in Senate
2010-03-29 House refused to concur in Senate Committee Substitute
2010-03-17 posted for passage for concurrence in Senate Committee Substitute for Thursday, March 18, 2010
2010-03-11 to Rules (H)
2010-03-11 received in House
2010-03-11 3rd reading, passed 36-0 with Committee Substitute
2010-03-10 posted for passage in the Consent Orders of the Day for Thursday, March 11, 2010
2010-03-10 2nd reading, to Rules
2010-03-09 reported favorably, 1st reading, to Consent Calendar with Committee Substitute
2010-02-22 to Banking & Insurance (S)
2010-02-18 received in Senate
2010-02-17 3rd reading, passed 98-0
2010-02-11 posted for passage in the Consent Orders of the Day for Wednesday, February 17, 2010
2010-02-11 2nd reading, to Rules
2010-02-10 reported favorably, 1st reading, to Consent Calendar
2010-02-08 posted in committee
2010-01-28 to Banking & Insurance (H)
2010-01-27 introduced in House

Kentucky State Sources


Bill Comments

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