03RS HB379

HB379

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HB 379/FN (BR 1475) - J. Richards, T. McKee, T. Pullin, J. Vincent, R. Wilkey

     AN ACT relating to insurance rate filings.
     Amend KRS 304.13-051 to require medical malpractice insurance rates to be filed with the commissioner of the Department of Insurance; authorize the commissioner to hold a public hearing on a rate filing in a competitive market; require a medical malpractice insurer that files a proposed rate increase to notify each policyholder that the insurer has filed the proposed rate increase; require the notice to state the percentage increase by which the policyholder's current premium is anticipated to increase if the proposed rate increase is approved as filed.

HB 379 - AMENDMENTS


     HFA (1, J. Richards) - Permit the commissioner to hold a public hearing on any medical malpractice insurance rate filing.

     Feb 6-introduced in House
     Feb 7-to Banking and Insurance (H)
     Feb 10-posted in committee
     Feb 12-reported favorably, 1st reading, to Calendar
     Feb 13-2nd reading, to Rules
     Feb 18-posted for passage in the Regular Orders of the Day for Wednesday, February 19, 2003; floor amendment (1) filed
     Feb 21-3rd reading, passed 98-0 with floor amendment (1)
     Feb 24-received in Senate
     Feb 27-to Appropriations and Revenue (S)


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