Current Status Introducing Body:House Bill Number:3726 Primary Sponsor:Davenport Committee Number:26 Type of Legislation:HR Subject:Insurance companies, third party practices Residing Body:House Current Committee:Labor, Commerce and Industry Computer Document Number:BBM/10369JM.93 Introduced Date:19930317 Last History Body:House Last History Date:19930317 Last History Type:Introduced, referred to Committee Scope of Legislation:Statewide All Sponsors:Davenport Type of Legislation:House Resolution
Bill Body Date Action Description CMN Leg Involved ____ ______ ____________ ______________________________ ___ ____________ 3726 House 19930317 Introduced, referred to 26 CommitteeView additional legislative information at the LPITS web site.
REQUESTING THE STATE ATTORNEY GENERAL, IN CONJUNCTION WITH THE CHIEF INSURANCE COMMISSIONER AND THE STATE CONSUMER ADVOCATE, TO INVESTIGATE PROPERTY AND CASUALTY INSURANCE COMPANIES DOING BUSINESS IN THIS STATE IN THEIR THIRD PARTY PRACTICES AND TO TAKE THE NECESSARY STEPS TO BRING THESE PRACTICES TO AN END AND TO RECOVER CERTAIN FUNDS.
Whereas, certain property and casualty insurance companies doing business in this State, in their third party practices, have restricted trade and freedom of choice and have thereby affected the State's economic interest in a negative manner; and
Whereas, these practices, being so harmful as they are, must be stopped, and the Attorney General, in conjunction with the Chief Insurance Commissioner and the State Consumer Advocate, should act as quickly and as forcefully as possible to investigate and to end these activities and to recover any funds which may have been received out-of-state. Now, therefore,
Be it resolved by the House of Representatives:
That the House of Representatives, by this resolution, requests the State Attorney General, in conjunction with the Chief Insurance Commissioner and the State Consumer Advocate, to investigate property and casualty insurance companies doing business in this State in their third party practices and to bring these practices to an end and recover any funds that were received out-of-state.
Be it further resolved that copies of this resolution be forwarded to the Attorney General, the Chief Insurance Commissioner, and the State Consumer Advocate.