HB122 Alabama 2021 Session
In Committee
Bill Summary
Sponsors
Session
Regular Session 2021
Title
Insurance, flood insurance, exempt from rate filing and approval requirement, Sec. 27-13-21 am'd.
Description
<p class="bill_description"> Under existing law, property insurers are
generally required to file all rates for approval
by the Commissioner of Insurance, with certain
exceptions</p><p class="bill_description">
This bill would exempt flood insurance from
the requirement for insurers to file rates for
approval by the Commissioner of Insurance</p><p class="bill_entitled_an_act"> Relating to insurance, to amend Section 27-13-21,
Code of Alabama 1975; to exempt flood insurance from the rate
filing and approval requirement.
</p>
Subjects
Insurance
Bill Actions
| Action Date | Chamber | Action |
|---|---|---|
| May 6, 2021 | H | Indefinitely Postponed |
| February 10, 2021 | H | Read for the second time and placed on the calendar |
| February 2, 2021 | H | Read for the first time and referred to the House of Representatives committee on Insurance |
Bill Calendar
| Type | Date | Location | Description |
|---|---|---|---|
| Hearing | February 10, 2021 | Room 617 at 09:00 | House INS Hearing |
Bill Text
Bill Documents
| Type | Link |
|---|---|
| Bill Text | HB122 Alabama 2021 Session - Introduced |
| Fiscal Note | Fiscal Note - HB122 for Insurance |