00RS HB415


WWW Version

HB 415 (BR 1217) - J. Gooch

     AN ACT relating to insurance.
     Amend KRS 304.20-040 to define "declination," "decline," "agent"; add 3 grounds for cancellation of a motor vehicle insurance policy; prohibit cancellation or declination of motor vehicle insurance policy because of race, religion, nationality, ethnic group, sex, or marital status of applicant or insured or because another insurer previously declined to insure the applicant or insured; provide that when an insurer cancels or refuses to renew a motor vehicle liability insurance policy the notice to the insured must inform the insured that the insured may within 7 days, rather than 4 days, request the commissioner to review the insurer's action; specify actions commissioner may take for violation of this section; amend KRS 304.20-320 to clarify proof of notice; limit liability of commissioner and the insurer for furnishing reasons for cancellation or nonrenewal; amend KRS 304.20-340 to make technical change; amend KRS 304.20-042 to restrict application of statute to personal risks; amend KRS 304.20-310 to conform.


     HCA (1, J. Bruce) - Restrict liability limitation to the commissioner.
     HFA (1, J. Vincent) - Amend to remove liability limitation of the commissioner and the insurer for furnishing reasons for cancellation or nonrenewal.
     SFA (1, T. Buford) - Amend to create a new section in Subtitle 13 of KRS Chapter 304 to prohibit insurance companies writing automobile liability insurance in Kentucky from using the credit history, lack of credit history, or the educational level of an applicant, or a policyholder to determine a premium rate.

     Jan 20-introduced in House
     Jan 21-to Banking and Insurance (H)
     Feb 2-posted in committee
     Feb 24-reported favorably, 1st reading, to Calendar with committee amendment (1)
     Feb 25-2nd reading, to Rules
     Feb 28-posted for passage in the Regular Orders of the Day for Tuesday, February 29, 2000
     Feb 29-floor amendment (1) filed
     Mar 1-3rd reading, passed 90-5 with committee amendment (1), floor amendment (1)
     Mar 2-received in Senate
     Mar 6-to Banking and Insurance (S)
     Mar 21-reported favorably, 1st reading, to Consent Calendar
     Mar 22-2nd reading, to Rules
     Mar 24-floor amendment (1) filed
     Mar 29-recommitted to Banking and Insurance (S)
     Apr 14-reported favorably, to Rules; posted for passage in the Regular Orders of the Day for Friday, April 14, 2000; 3rd reading; floor amendment (1) withdrawn ; passed 32-0; received in House; enrolled, signed by each presiding officer, delivered to Governor
     Apr 26-signed by Governor (Acts ch. 540)

Kentucky Legislature Home Page | Record Front Page