H 2953 Session 107 (1987-1988)
H 2953 General Bill, By J.I. Rogers, M.O. Alexander, Alexander, J.M. Arthur,
D.L. Aydlette, J.M. Baxley, D.M. Beasley, L.E. Bennett, P.T. Bradley, H. Brown,
J.H. Burriss, M.D. Burriss, T.M. Burriss, H.H. Clyborne, W.N. Cork,
R.S. Corning, Davenport, P.W. Derrick, P. Evatt, Fair, E.D. Foxworth, Haskins,
Hayes, J.C. Hearn, B.L. Hendricks, T.E. Huff, J.W. Johnson, W.H. Jones,
H.H. Keyserling, J.R. Klapman, R.A. Kohn, Koon, T.A. Limehouse, T.T. Mappus,
D.E. Martin, Martin, W.S. McCain, D.M. McEachin, J.T. McElveen, D.A. Moss,
Neilson, E.L. Nettles, D.L. Ogburn, H.E. Pearce, J.W. Pettigrew, J.T. Petty,
Russell, Sharpe, E.W. Simpson, C.L. Sturkie, L.L. Taylor, J.W. Tucker,
C.C. Wells, J.B. Wilder and Wilkins
Similar(S 593)
A Bill to amend Section 38-37-110, Code of Laws of South Carolina, 1976,
relating to the declaration of purpose for the regulation of automobile
insurance in South Carolina, so as to further provide for this declaration of
purpose; to amend Section 38-37-320, relating to automobile insurance risk
clarification plans, so as to provide for an inexperienced driver's risk
classification plan to be established by the Chief Insurance Commissioner on
March 1, 1988; to amend Section 38-37-930, relating to affiliated insurers, so
as to revise the provisions of the Section to establish those conditions under
which applicants or policyholders qualify for the base rate or the higher
objective standards rate and to regulate what rates may be utilized by member
companies of an affiliated group of automobile insurers; to amend Section
56-11-140, relating to coverage limitations, so as to delete references to
collision coverage; to amend Article 5, Chapter 37 of Title 38, relating to
risk classification plans and required insurance, by adding Section 38-37-315
so as to provide that no insurer is required to write insurance for any
applicant who does not have a valid South Carolina driver's license and to
provide exceptions; to amend Article 9, Chapter 37 of Title 38, relating to
the South Carolina Reinsurance Facility, by adding Sections 38-37-785,
38-37-795, 38-37-800, and 38-37-810, so as to require every automobile insurer
and rating organization to file with the Chief Insurance Commissioner prior to
October 1, 1987, a base rate and an objective standards rate, and to provide
that those rates are effective March 1, 1988, under certain conditions; to
provide for a facility recoupment charge on certain base rates, provide the
formula for its annual calculation, and provide for the classification and use
of recoupment charges; to amend Article 11, Chapter 37 of Title 38, relating
to unlawful acts for purposes of automobile insurance, by adding Section
38-37-935 so as to provide for the writing of collision and comprehensive
coverage, deductible amounts, circumstances where an insurer may refuse to
write such coverage, terms of sale, and cession to the reinsurance facility.
04/14/87 House Introduced and read first time HJ-1834
04/14/87 House Referred to Committee on Labor, Commerce and
Industry HJ-1835
05/12/87 House Tabled in committee
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