BILL · 2003–04 SESSION
SB 5792: Insurance rate increases
Describing when insurance rate increases are not excessive.
Summary
- Rate increases of up to 10 percent annually are approved by the commissioner, provided the coverages affected are in competitive markets. The commissioner may disapprove the rate increase prospectively, only upon a showing that the increase is either inadequate or unfairly discriminatory.
From the Senate Bill Report (SB 5792), written by the Legislature's nonpartisan staff. Read the full report ↗
Did not pass Did not pass · stalled on the Senate floor
- IntroducedFeb 12, 2003
- Out of committeeFeb 28, 2003
- Passed Senatestopped here
- Passed House
- Governor
- Law
- Prime sponsor
- Don Benton (R-17)
- Introduced
- February 12, 2003 in the Senate
- Last action
- January 12, 2004
AN ACT Relating to criteria that describes when rate increases filed by insurers are not excessive;
Sponsors
Votes
No recorded floor votes.
History
- By resolution, reintroduced and retained in present status.
- By resolution, reintroduced and retained in present status.
- By resolution, reintroduced and retained in present status.
- Senate Rules "X" file.
- Referred to Rules.
- Placed on second reading by Rules Committee.
- Made eligible to be placed on second reading.
- FSIH - Majority; do pass.
- Passed to Rules Committee for second reading.
- First reading, referred to Financial Services, Insurance & Housing.
SB 5792 in other sessions
Bill numbers restart every two years, so the same number is a different bill in each session.
- SB 5792 (2025–26) State employee compensation
- SB 5792 (2023–24) Multiunit res./definition
- SB 5792 (2021–22) Tax incentives
- SB 5792 (2019–20) Cultural access programs
- SB 5792 (2017–18) Basketball franchise T.O.
- SB 5792 (2015–16) Forensic mental hlth office
- SB 5792 (2013–14) Inmates in jails/health care
- SB 5792 (2011–12) Innovation schools and zones