Summary of the Introduced Bill

HB 968 -- Insurance

Sponsor:  Ward

This bill repeals filing requirements for insurers offering
commercial property and commercial casualty coverage.  Current
law allows insurers to be exempted from these filing
requirements only if certain financial criteria are met.

The bill also requires insurers to provide at least 60 days
notice to an insured when the insurer plans to increase either
the premium or the deductible for a commercial property or
commercial casualty policy.


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Last Updated September 13, 2001 at 2:04 pm