RELATING TO INSURANCE.
Summary
Amends the definition of "prospective loss costs" to incorporate catastrophe modeling instead of historical aggregate losses. Prohibits insurers from basing certain insurance rates on past loss experience within or outside the State.
Bill status
in committee
1 of 4 stages cleared
Introduction
Jan 2024
Committee Review
Floor Vote
Governor
Introduced Jan 19, 2024
Last action Jan 24, 2024
Floor votes
How they voted
No floor votes recorded yet.
Full legislative history
Actions timeline
Total actions
3
Key actions
0
Committee
1
Jan 24, 2024
Committee
Referred to CPC, FIN, referral sheet 2
lower
Jan 22, 2024
Introduced
Introduced and Pass First Reading.
lower
Jan 19, 2024
Introduced
Pending introduction.
lower
6 primary · 0 co-sponsors
Sponsors
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