BILL · 1993–94 SESSION

SB 5764: Insurnc agent contract termi

Restricting termination of insurance agent's contracts.

Summary

  • Insurance companies are prohibited from terminating independent agents' written contracts to sell private passenger car or homeowner policies solely on the basis of the agent's loss ratio experience in those two types of policies. "Terminate" is defined as conditioning acceptance of private passenger car or homeowner policies upon contemporaneous production of premiums from other types of insurance, reducing policy…

From the Senate Bill Report (SB 5764), written by the Legislature's nonpartisan staff. Read the full report ↗

Did not pass Did not pass · died in committee
  1. IntroducedFeb 12, 1993
  2. Out of committeestopped here
  3. Passed Senate
  4. Passed House
  5. Governor
  6. Law
Prime sponsor
Dwight Pelz (D-37)
Introduced
February 12, 1993 in the Senate
Last action
March 11, 1994

Sponsors

Prime sponsor: Dwight Pelz (D-37)

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 5764 in other sessions

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

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