Introduced
by
To repeal a law that limits to $50 (or more with permission of state officials) the amount an insurance agent can charge as an administrative fee on transactions related to "surplus lines" insurance.
Referred to the Committee on Insurance
Reported without amendment
Refer to the Committee on Ways and Means with the recommendation that the substitute (H-1) be adopted.
Referred to the Committee on Ways and Means
Reported without amendment
With the recommendation that the substitute (H-1) be adopted and that the bill then pass.
Passed in the House 108 to 0 (details)
To revise a law that limits to $50 (or more with permission of state officials) the amount an insurance agent can charge as an administrative fee on transactions related to "surplus lines" insurance. The bill would allow higher fees if they are not included in the insurance premium and are reasonable given risks unique to this type of insurance.
Referred to the Committee on Insurance and Banking
Reported without amendment
With the recommendation that the bill pass.
Passed in the Senate 37 to 0
To revise a law that limits to $50 (or more with permission of state officials) the amount an insurance agent can charge as an administrative fee on transactions related to "surplus lines" insurance. The bill would allow higher fees if they are not included in the insurance premium and are reasonable given risks unique to this type of insurance.
