HB 1246-1_ Filed 03/19/2009, 12:20

COMMITTEE REPORT




MADAM PRESIDENT:

    The Senate Committee on Insurance and Financial Institutions, to which was referred House Bill No. 1246, has had the same under consideration and begs leave to report the same back to the Senate with the recommendation that said bill be AMENDED as follows:

SOURCE: Page 3, line 3; (09)AM124605.3. -->     Page 3, line 3, after "(C) A" insert " late payment or a".
    Page 3, line 3, reset in roman "collection account".
    Page 3, line 3, after "collection account" delete "late payment".
    Page 3, between lines 30 and 31, begin a new line block indented and insert:
        " (5) The insurer has re-underwritten and re-rated the insured's personal insurance policy based on a credit report obtained or an insurance score recalculated less than twelve (12) months before the date of the request by the insured or the insured's agent.".
    Page 3, delete lines 31 through 33.
    (Reference is to HB 1246 as printed February 20, 2009.)

and when so amended that said bill do pass .

Committee Vote: Yeas 8, Nays 0.

____________________________________

Senator Paul, Chairperson


AM 124605/DI 110    2009