HB 260 Insurance; SCC to require person to make restitution if improperly withholds money.
Jennifer L. McClellan | all patrons    ...    notes
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Summary as introduced:
Insurance; restitution.  Authorizes the State Corporation Commission to require a person to make restitution in the amount of the direct actual financial loss if the person improperly withholds, misappropriates, or converts any money or property received in the course of conducting business. Currently, the Commission's authority to order restitution is limited to cases where an insurer charges an excessive rate or discriminatory premium or fails to pay undisputed amounts required under an insurance contract.

Full text:
01/11/10  House: Prefiled and ordered printed; offered 01/13/10 10100732D  pdf | impact statement
03/03/10  House: Bill text as passed House and Senate (HB260ER)  pdf | impact statement
04/07/10  Governor: Acts of Assembly Chapter text (CHAP0226)  pdf

Status:
01/11/10  House: Prefiled and ordered printed; offered 01/13/10 10100732D
01/11/10  House: Referred to Committee on Commerce and Labor
01/19/10  House: Reported from Commerce and Labor (22-Y 0-N)
01/20/10  House: Read first time
01/21/10  House: Read second time and engrossed
01/22/10  House: Read third time and passed House BLOCK VOTE (99-Y 0-N)
01/22/10  House: VOTE: BLOCK VOTE PASSAGE (99-Y 0-N)
01/25/10  Senate: Constitutional reading dispensed
01/25/10  Senate: Referred to Committee on Commerce and Labor
02/22/10  Senate: Reported from Commerce and Labor (15-Y 0-N)
02/24/10  Senate: Constitutional reading dispensed (40-Y 0-N)
02/25/10  Senate: Read third time
02/25/10  Senate: Passed Senate (40-Y 0-N)
03/03/10  House: Enrolled
03/03/10  House: Bill text as passed House and Senate (HB260ER)
03/03/10  House: Signed by Speaker
03/06/10  Senate: Signed by President
04/07/10  Governor: Approved by Governor-Chapter 226 (effective 7/1/10)
04/07/10  Governor: Acts of Assembly Chapter text (CHAP0226)