South Carolina Legislature


Session 111 - (1995-1996)Printer Friendly
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H 3428 General Bill, By J.G. Felder
    A Bill to amend Section 38-77-950, as amended, Code of Laws of South Carolina, 1976, relating to unreasonable or excessive use of the South Carolina Reinsurance Facility by an automobile insurer and notice to a policy holder that his policy is in the Facility, so as to provide that a prima facie case of excessive or unreasonable utilization of the Facility is established upon a showing that an automobile insurer or a group of insurers under the same management has ceded or is about to cede more than twenty percent, rather than thirty-five percent, of total direct cedeable written premiums on South Carolina automobile insurance as reported in the most recently filed annual statement of the insurer or group.
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01/31/95House Introduced and read first time HJ-8
01/31/95House Referred to Committee on Labor, Commerce and Industry HJ-8

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