98RS HB402

HB402

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HB 402 (BR 1600) - R. Crimm

     AN ACT relating to insurance.
     Amend KRS 304.20-040 to prohibit cancellation or refusal to renew auto insurance coverage solely because of the credit history of insured, the insured's prior nonstandard coverage, or because the insured has sustained one or more "Act of God" claims or occurrences; amend KRS 304.20-340 to prohibit declination or termination of insurance solely because of the credit history of insured, the insured's prior nonstandard coverage, or because the insured has sustained one or more "Act of God" claims or occurrences; create a new section of Subtitle 20 of KRS Chapter 304 to prohibit an insurer from refusing to issue automobile or property and casualty insurance to an applicant solely because of the applicant's credit history, or lack of credit history.

HB 402 - AMENDMENTS


     SCA (1, R. Roeding) - Prohibit cancellation or nonrenewal of auto insurance due to loss from natural causes.
     SFA (2, R. Roeding) - Prohibit cancellation or non-renewal of an insurance policy because the insured has sustained one or more unpreventable losses.

     Jan 23-introduced in House
     Jan 26-to Banking and Insurance (H)
     Feb 2-posted in committee
     Feb 5-reported favorably, 1st reading, to Calendar
     Feb 6-2nd reading, to Rules
     Feb 11-posted for passage in the Regular Orders of the Day for February 12, 1998
     Feb 12-3rd reading, passed 86-3
     Feb 17-received in Senate
     Feb 18-to Banking and Insurance (S)
     Mar 4-reported favorably, 1st reading, to Calendar with Committee Amendment (1)
     Mar 5-2nd reading, to Rules
     Mar 6-posted for passage in the Regular Orders of the Day for March 10, 1998
     Mar 9-floor amendment (2) filed
     Mar 10-3rd reading, passed 37-0 with Committee Amendment (1) and floor amendment (2)
     Mar 11-received in House; posted for passage for concurrence in Senate amendments
     Mar 24-House concurred in Senate committee amendment (1) and floor amendment (2); passed 95-0
     Mar 25-enrolled, signed by each presiding officer, delivered to Governor
     Mar 31-signed by Governor


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