VA SB520 | 2012 | Regular Session
Status
Completed Legislative Action
Spectrum: Partisan Bill (Republican 1-0)
Status: Passed on April 10 2012 - 100% progression
Action: 2012-04-10 - Governor: Acts of Assembly Chapter text (CHAP0735)
Text: Latest bill text (Chaptered) [HTML]
Spectrum: Partisan Bill (Republican 1-0)
Status: Passed on April 10 2012 - 100% progression
Action: 2012-04-10 - Governor: Acts of Assembly Chapter text (CHAP0735)
Text: Latest bill text (Chaptered) [HTML]
Summary
Property and casualty insurance; public adjusters. Provides for State Corporation Commission licensing and regulation of public adjusters. Public adjusting means investigating, negotiating, adjusting, or providing advice to an insured in relation to first-party claims arising under insurance contracts that insure the real or personal property of an insured, for the purpose of effecting the settlement of a claim on behalf of the insured. A licensed insurance agent who only provides advice to an insured in relation to first party claims arising under insurance contracts the agent sold, solicited, or negotiated that insure property of an insured is not engaged in public adjusting. A person is prohibited from acting as a public adjuster without first obtaining a license from the Commission. Public adjusters are required to comply with standards of conduct and continuing education requirements. Fees charged by a public adjuster are required to be fair and reasonable in relation to the work performed. The Commission may suspend or revoke licenses under certain conditions. The measure will become effective January 1, 2013.
Title
Property and casualty insurance; provides for SCC licensing and regulation of public adjusters.
Sponsors
Roll Calls
2012-02-24 - House - House: VOTE: BLOCK VOTE PASSAGE (98-Y 0-N) (Y: 100 N: 0 NV: 2 Abs: 0) [PASS]
2012-02-21 - House - House: Reported from Commerce and Labor (21-Y 0-N) (Y: 22 N: 0 NV: 1 Abs: 0) [PASS]
2012-02-03 - Senate - Senate: Read third time and passed Senate (38-Y 0-N) (Y: 38 N: 0 NV: 2 Abs: 0) [PASS]
2012-02-01 - Senate - Senate: Constitutional reading dispensed (39-Y 0-N) (Y: 39 N: 0 NV: 1 Abs: 0) [PASS]
2012-01-30 - Senate - Senate: Reported from Commerce and Labor with substitute (16-Y 0-N) (Y: 16 N: 0 NV: 0 Abs: 0) [PASS]
2012-02-21 - House - House: Reported from Commerce and Labor (21-Y 0-N) (Y: 22 N: 0 NV: 1 Abs: 0) [PASS]
2012-02-03 - Senate - Senate: Read third time and passed Senate (38-Y 0-N) (Y: 38 N: 0 NV: 2 Abs: 0) [PASS]
2012-02-01 - Senate - Senate: Constitutional reading dispensed (39-Y 0-N) (Y: 39 N: 0 NV: 1 Abs: 0) [PASS]
2012-01-30 - Senate - Senate: Reported from Commerce and Labor with substitute (16-Y 0-N) (Y: 16 N: 0 NV: 0 Abs: 0) [PASS]
History
Date | Chamber | Action |
---|---|---|
2012-04-10 | Governor: Acts of Assembly Chapter text (CHAP0735) | |
2012-04-10 | House: Bill became law, Chapter 735 (effective 1/1/13) | |
2012-02-29 | House: Signed by Speaker | |
2012-02-29 | Senate: Signed by President | |
2012-02-29 | Senate: Bill text as passed Senate and House (SB520ER) | |
2012-02-29 | Senate: Enrolled | |
2012-02-24 | House: VOTE: BLOCK VOTE PASSAGE (98-Y 0-N) | |
2012-02-24 | House: Passed House BLOCK VOTE (98-Y 0-N) | |
2012-02-24 | House: Read third time | |
2012-02-24 | House: Passed by temporarily | |
2012-02-24 | House: Read third time | |
2012-02-23 | House: Read second time | |
2012-02-21 | House: Reported from Commerce and Labor (21-Y 0-N) | |
2012-02-13 | House: Referred to Committee on Commerce and Labor | |
2012-02-13 | House: Read first time | |
2012-02-13 | House: Placed on Calendar | |
2012-02-03 | Senate: Read third time and passed Senate (38-Y 0-N) | |
2012-02-02 | Senate: Engrossed by Senate - committee substitute SB520S1 | |
2012-02-02 | Senate: Committee substitute agreed to 12104831D-S1 | |
2012-02-02 | Senate: Reading of substitute waived | |
2012-02-02 | Senate: Read second time | |
2012-02-01 | Senate: Constitutional reading dispensed (39-Y 0-N) | |
2012-01-30 | Senate: Committee substitute printed 12104831D-S1 | |
2012-01-30 | Senate: Reported from Commerce and Labor with substitute (16-Y 0-N) | |
2012-01-11 | Senate: Referred to Committee on Commerce and Labor | |
2012-01-11 | Senate: Prefiled and ordered printed; offered 01/11/12 12103577D |
Same As/Similar To
HB872 (Same As) 2012-04-10 - Governor: Acts of Assembly Chapter text (CHAP0734)
Subjects
Code Citations
Chapter | Article | Section | Citation Type | Statute Text |
---|---|---|---|---|
38 | 2 | 1824 | (n/a) | See Bill Text |
38 | 2 | 1845.1 | (n/a) | See Bill Text |
38 | 2 | 1845.23 | (n/a) | See Bill Text |
38 | 2 | 812 | (n/a) | See Bill Text |
38 | 2 | 815 | (n/a) | See Bill Text |