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HB458 Alabama 2013 Session

Updated Jul 24, 2021

Summary

Primary Sponsor
Greg Wren
Republican
Session
Regular Session 2013
Title
Insurance rate increase by personal line insurer, may take effect immediately unless objected to by the Commissioner of Insurance
Description

Under existing law, a rate filing made by an insurer of personal lines insurance written on risks in this state that provides for an overall statewide rate increase or decrease takes effect upon approval by the Commissioner of Insurance.

This bill would provide that such a rate filing for private personal automobile insurance may take effect the date it is filed.

This bill would provide that a filing submitted pursuant to this act shall be considered in compliance with state law unless the Commissioner of the Department Insurance determines that the filing is unreasonably high, inadequate, or unfairly discriminatory.

Subjects
Insurance

Bill Actions

S

Pending third reading on day 28 Favorable from Banking and Insurance

S

Read for the second time and placed on the calendar

S

Read for the first time and referred to the Senate committee on Banking and Insurance

H

Engrossed

H

Motion to Read a Third Time and Pass adopted Roll Call 972

H

Motion to Adopt adopted Roll Call 971

H

Wren Amendment Offered

H

Third Reading Passed

H

Read for the second time and placed on the calendar

H

Read for the first time and referred to the House of Representatives committee on Insurance

Bill Text

Votes

Documents

Source: Alabama Legislature