2014 House Bill 5524

Reduce limits on state’s power to impose insurance price controls

Introduced in the House

May 6, 2014

Introduced by Rep. Scott Dianda (D-110)

To repeal a provision of the insurance code that limits the state insurance bureau to determine that there not is a “reasonable degree” of competition for the particular type of insurance before it can declare a company’s rates “excessive”.

Referred to the Committee on Insurance