2017 Regular Session
|At the request of:|
|Regular Sponsors:||Business and Labor|
|Bill Title:||Relating to remedies for violations of the Insurance Code; declaring an emergency.|
Specifies procedures Director of Department of Consumer and Business Services may use to investigate violations of Insurance Code.
Permits complainant to submit complaint of violation to director and specifies required contents of complaint. Specifies procedures for director to investigate complaint and provides dates by which director must complete investigation. Permits director to engage in negotiations to settle complaint or to enter into remediation agreement to remedy violation. Requires director to issue order to remedy violation if settlement negotiations or negotiations for remedial agreement fail. Provides for person to bring action for violation of Insurance Code in specified circumstances. Becomes operative January 1, 2018. Declares emergency, effective on passage.
|Fiscal Impact:||May Have Fiscal Impact, But No Statement Yet Issued|
|Revenue Impact:||May Have Revenue Impact, But No Statement Yet Issued|
|Measure Analysis:||Staff Measure Summary / Impact Statements|
|Current Location:||In House Committee|
|Current Committee:||House Committee On Business and Labor|