HB608 Alabama 2017 Session

Updated Jul 24, 2021

Summary

Primary Sponsor: Kyle South
Republican
Session: Regular Session 2017
Title: Insurance, title insurance rating bureau, established, fees, regulation, Secs. 27-13-130, 27-13-131, 27-13-132, 27-13-133, 27-13-134, 27-13-135, 27-13-136 added; Sec. 27-13-2 am'd.
Description: Under existing law, title insurance companies are required to seek prior approval of their rates by the Commissioner of Insurance.
This bill would authorize title insurers to form a rating bureau for the purpose of filing rates on behalf of its member insurers.
Subjects: Insurance

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