Senate Bill 0276

ARCHIVE (2002)

Latest Information

 
DIGEST OF SB276 (Updated February 26, 2002 12:59 PM - DI 84)

Annual actuarial study of ICHIA and insurer use of credit information. Imposes certain requirements and restrictions concerning the use of credit information in the underwriting of property and casualty insurance. Makes a willful violation of the requirements an unfair and deceptive act and practice in the business of insurance. Requires the comprehensive health insurance association (ICHIA) to have completed an annual actuarial study of ICHIA and submit a copy to the legislative council. Requires ICHIA to annually adjust premiums based on the actuarial study. (The introduced version of this bill was prepared by the health finance commission.)

    Current Status:
     Ready for Enrollment
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