BILL · 2003–04 SESSION

SB 5395: Marketing assistance plans

Forming market assistance plans and joint underwriting associations.

Summary

  • Provides that a market assistance plan may be established only if the commissioner determines a sufficient number of insurers are willing to insure risks to create a market where insurance is available to standard risks at adequate coverage limits. Finds that availability of commercial liability insurance is essential to economic vitality and quality of life in the state of Washington.

From the Bill Digest (SB 5395), written by the Legislature's nonpartisan staff. Read the full report ↗

Did not pass Did not pass · died in committee
  1. IntroducedJan 23, 2003
  2. Out of committeestopped here
  3. Passed Senate
  4. Passed House
  5. Governor
  6. Law
Prime sponsor
Margarita Prentice (D-11)
Introduced
January 23, 2003 in the Senate
Last action
January 12, 2004
Requested by
Other
Companion bill
HB 1582

AN ACT Relating to forming market assistance plans and joint underwriting associations;

Sponsors

Prime sponsor: Margarita Prentice (D-11)

1 co-sponsor (0 Democrats, 1 Republican)

Votes

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

History

  1. By resolution, reintroduced and retained in present status.
  2. By resolution, reintroduced and retained in present status.
  3. By resolution, reintroduced and retained in present status.
  4. First reading, referred to Financial Services, Insurance & Housing.

SB 5395 in other sessions

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

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