08RS HB401

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Includes opposite chamber sponsors where requested by primary sponsors of substantially similar bills in both chambers and jointly approved by the Committee on Committees of both chambers. Opposite chamber sponsors are represented in italics.

HB 401 (BR 1430) - T. Couch

AN ACT relating to use of territory as a factor in establishing insurance rates.
Create a new section of Subtitle 13 of KRS Chapter 304 to require an insurer, to the extent it has credible data, that uses territory as a rating factor to submit to the executive director a statement that the territories used by the insurer have been reviewed within the past 3 years and that use of the territories is actuarially justified.

Jan 29-introduced in House
Jan 30-to Banking & Insurance (H)

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