SB210 Alabama 2012 Session
Bill Summary
This bill would create the Property Insurance Clarity Act
This bill would require insurance companies transacting business in the state to provide policy and premium information to the Department of Insurance
This bill would require the department to provide on the department website aggregate data, separately for homeowners and commercial property insurance policies, of the number of policies written, the direct earned premiums, and the direct incurred losses representing the total of every insurance company doing business in Alabama
This bill would also require the department to post on the department website a comprehensive description of the actuarial model used by the department for homeowner's and commercial properties risk and other related data
Creating the Property Insurance Clarity Act; to require insurance companies transacting business in the state to provide policy and premium information to the department; to require the department to provide on the department website aggregate data, separately for homeowners and commercial property insurance policies, of the number of policies written, the direct earned premiums, and the direct incurred losses representing the total of every insurance company doing business in the state; to require the department to post on the department website a comprehensive description of the actuarial model used by the department for homeowner's and commercial properties risk and other related data; and to provide penalties for insurance company noncompliance.
Bill Actions
| Action Date | Chamber | Action |
|---|---|---|
| May 8, 2012 | Forwarded to Governor on May 8, 2012 at 4:38 p.m. on May 8, 2012 | |
| May 8, 2012 | Assigned Act No. 2012-373. | |
| May 8, 2012 | Enrolled | |
| May 8, 2012 | Signature Requested | |
| May 8, 2012 | Passed Second House | |
| May 8, 2012 | Scott intended to vote Yea | |
| May 8, 2012 | Motion to Read a Third Time and Pass adopted Roll Call 1313 | |
| May 8, 2012 | Third Reading Passed | |
| May 1, 2012 | Read for the second time and placed on the calendar | |
| April 24, 2012 | Read for the first time and referred to the House of Representatives committee on Insurance | |
| April 24, 2012 | Engrossed | |
| April 24, 2012 | Motion to Read a Third Time and Pass adopted Roll Call 732 | |
| April 24, 2012 | Further Consideration | |
| April 24, 2012 | Pittman Substitute adopted Roll Call 731 | |
| April 24, 2012 | Marsh reconsiders Whatley Amd and Tables adopted Voice Vote | |
| April 24, 2012 | Whatley Amd adopted Voice Vote | |
| April 24, 2012 | Third Reading Passed | |
| April 17, 2012 | Marsh motion to Carry Over Temporarily adopted Voice Vote | |
| April 17, 2012 | Whatley Amendment Offered | |
| April 17, 2012 | Pittman first Substitute Offered | |
| April 17, 2012 | Third Reading Carried Over | |
| February 21, 2012 | Read for the second time and placed on the calendar | |
| February 7, 2012 | Read for the first time and referred to the Senate committee on Banking and Insurance |
Bill Text
Bill Votes
Bill Documents
| Type | Link |
|---|---|
| Bill Text | SB210 Alabama 2012 Session - Enrolled |
| Bill Text | SB210 Alabama 2012 Session - Engrossed |
| Bill Text | SB210 Alabama 2012 Session - Introduced |