BILL · 1991–92 SESSION

SB 5511: Insur agnt contract protectn

Protecting insurance agents' contracts.

Summary

  • Insurers may not cancel or limit an agent's underwriting authority for property/casualty lines based solely on the loss ratio experience on the agent's book of business without the agent's written approval at the time of the reduction or restriction unless certain conditions are met.

From the Senate Bill Report (SB 5511), written by the Legislature's nonpartisan staff. Read the full report ↗

Did not pass Did not pass · died in committee
  1. IntroducedFeb 4, 1991
  2. Out of committeestopped here
  3. Passed Senate
  4. Passed House
  5. Governor
  6. Law
Prime sponsor
Peter von Reichbauer (R-30)
Introduced
February 4, 1991 in the Senate
Last action
January 13, 1992
Companion bill
HB 1606

Sponsors

Prime sponsor: Peter von Reichbauer (R-30)

2 co-sponsors (1 Democrat, 1 Republican)

Votes

No recorded floor votes. This measure never reached a floor vote.

History

The Legislature's online data doesn't include step-by-step history for sessions before 2001. Its final status is shown above, and the official bill page may have more.

SB 5511 in other sessions

Bill numbers restart every two years, so the same number is a different bill in each session.

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