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Session 111 - (1995-1996)Printer Friendly
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H*4865 (Rat #0435, Act #0378 of 1996) General Bill, By Law, Bailey, H. Brown, Cato, Dantzler, D. Williams, S.S. Wofford and Young-Brickell
Similar (S 1305)
    A Bill to amend the Code of Laws of South Carolina, 1976, by adding Section 38-73-1095 so as to provide that a private insurer licensed to underwrite "essential property insurance" may file and use certain rates for the coverages detailed in Section 38-75-310(1) and the process for filing and having the rates approved; and by adding Section 38-75-386 so as to provide that liability or a cause of action may not arise against certain persons for certain statements made to or information provided to an insurer to facilitate the underwriting of certain essential property insurance or to facilitate competition for the underwriting of certain essential property insurance; to amend Section 38-75-310, as amended, relating to property, casualty, and title insurance definitions, so as to define "seacoast area"; and to amend Sections 38-73-910 and 38-73-920, both as amended, relating to the notice of hearing that must be provided before granting certain insurance premium rate increases, so as to provide that private insurers licensed to underwrite essential property insurance may file and use certain rates within the coastal area of the State.-amended title
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04/02/96House Introduced and read first time HJ-5
04/02/96House Referred to Committee on Labor, Commerce and Industry HJ-5
04/17/96House Committee report: Favorable with amendment Labor, Commerce and Industry HJ-5
04/23/96House Amended HJ-54
04/23/96House Read second time HJ-54
04/24/96House Read third time and sent to Senate HJ-13
04/24/96Senate Introduced and read first time SJ-45
04/24/96Senate Referred to Committee on Banking and Insurance SJ-45
05/07/96Senate Recalled from Committee on Banking and Insurance SJ-6
05/09/96Senate Amended SJ-96
05/09/96Senate Read second time SJ-96
05/09/96Senate Unanimous consent for third reading on next legislative day SJ-96
05/10/96Senate Read third time and returned to House with amendments SJ-1
05/15/96House Concurred in Senate amendment and enrolled HJ-49
05/23/96 Ratified R 435
05/29/96 Signed By Governor
05/29/96 Effective date 05/29/96
06/14/96 Copies available
06/14/96 Act No. 378



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