BILL · 1991–92 SESSION

SB 5823: Insurance rate regulation

Regulating insurance rates.

Summary

  • The Insurance Commissioner can only disapprove a rate used in a competitive market if the rate is inadequate. If the rate is filed for use in a noncompetitive market, the commissioner may disapprove the rate if the commissioner finds the rate excessive, inadequate, or unfairly discriminatory.

From the Senate Bill Report (SB 5823), written by the Legislature's nonpartisan staff. Read the full report ↗

Did not pass Did not pass · died in committee
  1. IntroducedFeb 22, 1991
  2. Out of committeestopped here
  3. Passed Senate
  4. Passed House
  5. Governor
  6. Law
Prime sponsor
James West (R-6)
Introduced
February 22, 1991 in the Senate
Last action
January 13, 1992
Budget
Has a fiscal note

Sponsors

Prime sponsor: James West (R-6)

4 co-sponsors (2 Democrats, 2 Republicans)

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 5823 in other sessions

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

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