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  1. Bama Politics
  2. Alabama
  3. Alabama House & Senate Bills
  4. 2013 Alabama Legislative Regular Session
  5. 2013 Alabama House Bills
  6. HB458 Alabama 2013 Session

HB458 Alabama 2013 Session

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Bill Summary

Sponsors
  • Greg Wren
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

Relating to the Department of Insurance; to provide that a rate filing made by an insurer of private personal automobile insurance written on risks in this state who is authorized to do business in this state that provides for an overall statewide rate increase or decrease of no more than 15 percent in the aggregate for all coverages may take effect the date it is filed; and to provide that a filing submitted pursuant to this act shall be considered in compliance with state law unless the Commissioner of the Department of Insurance determines that the filing is unreasonably high, inadequate, or unfairly discriminatory.

Subjects
Insurance

Bill Actions

Action DateChamberAction
May 2, 2013SPending third reading on day 28 Favorable from Banking and Insurance
May 2, 2013SRead for the second time and placed on the calendar
April 30, 2013SRead for the first time and referred to the Senate committee on Banking and Insurance
April 25, 2013HEngrossed
April 25, 2013HMotion to Read a Third Time and Pass adopted Roll Call 972
April 25, 2013HMotion to Adopt adopted Roll Call 971
April 25, 2013HWren Amendment Offered
April 25, 2013HThird Reading Passed
April 4, 2013HRead for the second time and placed on the calendar
March 20, 2013HRead for the first time and referred to the House of Representatives committee on Insurance

Bill Text

Download HB458 Alabama 2013 Session PDF

Bill Votes

Motion to Read a Third Time and Pass
2013-04-25
Chamber: House
Result: Passed
Motion to Adopt
2013-04-25
Chamber: House
Result: Passed

Bill Documents

TypeLink
Bill Text HB458 Alabama 2013 Session - Engrossed
Bill Text HB458 Alabama 2013 Session - Introduced
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