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  1. Bama Politics
  2. Alabama
  3. Alabama House & Senate Bills
  4. 2013 Alabama Legislative Regular Session
  5. 2013 Alabama Senate Bills
  6. SB328 Alabama 2013 Session

SB328 Alabama 2013 Session

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In Committee

Bill Summary

Sponsors
  • Mark Slade Blackwell
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 7, 2013SPending third reading on day 18 Favorable from Banking and Insurance with 1 amendment
May 7, 2013SIndefinitely Postponed
April 4, 2013SRead for the second time and placed on the calendar 1 amendment
March 12, 2013SRead for the first time and referred to the Senate committee on Banking and Insurance

Bill Text

Download SB328 Alabama 2013 Session PDF

Bill Documents

TypeLink
Bill Text SB328 Alabama 2013 Session - Introduced
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