Kentucky House Bill 497 (Prior Session Legislation)

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Completed Legislative Action
Spectrum: Partisan Bill (Democrat 3-0)
Status: Passed on April 11 2012 - 100% progression
Action: 2012-04-11 - signed by Governor (Acts ch. 116)
Text: Latest bill text (Draft #3) [MS Word]

Create a new statute in Subtitle 13 of KRS Chapter 304 to allow exceptions to an insurer’s use of credit information with regard to rates, rating classifications, tier placement and underwriting guidelines for specific life events; amend KRS 304.16-030 and 304.16-090 to allow insureds to contribute to the cost of their group life insurance; amend KRS 304.16-085 to amend the definition of dependent, as it relates to group life insurance, to allow dependent coverage for certain disabled dependents beyond age 18; create a new section of KRS Chapter 304, Subtitle 16, to allow for discretionary groups; create new sections of Subtitles 17 and 18 of KRS Chapter 304 to define “actual charges” as it relates to claims payments under health benefit plans; create a new section of KRS Chapter 304, Subtitle 20, to prohibit an insurer from canceling, nonrenewing, or increasing the premium based on an inquiry which does not reasonably apprise the insurer of a claim; amend KRS 304.20-040 to require 14 days’ notice for cancellation of a personal automobile policy that has been in effect for less than 60 days; address cancellations or nonrenewals of property and casualty coverage based solely on a specific life event that influences a person’s credit information; require insurers to respond to a request for information from the Department of Insurance regarding the nonrenewal of a personal automobile policy within seven days; amend KRS 304.020-042 to address cancellations or nonrenewal of property and casualty coverage based on a specific life event that influenced a person’s credit information.

AN ACT relating to insurance consumer protections.

Rep. Robert Damron [D]

Rep. Terry Mills [D]

Rep. Steven Riggs [D]

Date	Chamber	Action
2012-04-11		signed by Governor (Acts ch. 116)
2012-03-30		delivered to Governor
2012-03-30		enrolled, signed by President of the Senate
2012-03-29		enrolled, signed by Speaker of the House
2012-03-28		passed 75-16
2012-03-28		House concurred in Senate floor amendments (1) (2) and (3-title)
2012-03-28		posted for passage for concurrence in Senate floor amendments (1) (2) and (3-title)
2012-03-28		to Rules (H)
2012-03-28		received in House
2012-03-27		3rd reading, passed 33-3 with floor amendments (1) (2) and (3-title)
2012-03-27		posted for passage in the Regular Orders of the Day for Tuesday, March 27, 2012
2012-03-23		floor amendments (2) and (3-title) filed
2012-03-22		2nd reading, to Rules
2012-03-21		floor amendment (1) filed
2012-03-21		reported favorably, 1st reading, to Consent Calendar
2012-03-19		to Banking & Insurance (S)
2012-03-15		received in Senate
2012-03-14		passed 88-9 with Committee Substitute
2012-03-14		floor amendment (1) defeated
2012-03-14		3rd reading
2012-03-12		floor amendment (1) filed to Committee Substitute
2012-03-08		posted for passage in the Regular Orders of the Day for Friday, March 9, 2012
2012-03-08		2nd reading, to Rules
2012-03-07		reported favorably, 1st reading, to Calendar with Committee Substitute
2012-03-02		posted in committee
2012-02-29		to Banking & Insurance (H)
2012-02-28		introduced in House

Type	Source
Summary	http://www.lrc.ky.gov/record/12RS/HB497.htm
Text	http://www.lrc.ky.gov/record/12RS/HB497/bill.doc