South Carolina General Assembly
118th Session, 2009-2010

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Indicates Matter Stricken
Indicates New Matter

H. 4257

STATUS INFORMATION

General Bill
Sponsors: Reps. Stavrinakis and Hutto
Document Path: l:\council\bills\dka\3793dw10.docx

Introduced in the House on January 12, 2010
Currently residing in the House Committee on Labor, Commerce and Industry

Summary: Insurance rate increase

HISTORY OF LEGISLATIVE ACTIONS 

     Date      Body   Action Description with journal page number
-------------------------------------------------------------------------------
  12/15/2009  House   Prefiled
  12/15/2009  House   Referred to Committee on Labor, Commerce and Industry
   1/12/2010  House   Introduced and read first time HJ-48
   1/12/2010  House   Referred to Committee on Labor, Commerce and Industry 
                        HJ-48

View the latest legislative information at the LPITS web site

VERSIONS OF THIS BILL

12/15/2009

(Text matches printed bills. Document has been reformatted to meet World Wide Web specifications.)

A BILL

TO AMEND THE CODE OF LAWS OF SOUTH CAROLINA, 1976, BY ADDING SECTION 38-73-1091 SO AS TO CREATE AN AFFIRMATIVE DUTY OF THE DIRECTOR, AN INDIVIDUAL, BUREAU, OR INSURER TO RELEASE ALL DATA ON WHICH IS BASED AN INSURANCE RATE INCREASE.

Be it enacted by the General Assembly of the State of South Carolina:

SECTION    1.    Article 9, Chapter 73, Title 38 of the 1976 Code is amended by adding:

"Section 38-73-1091.        The director, an individual, bureau, or insurer, before an insurance rate increase is effective, has an affirmative duty to release all data on which the rate increase is based to all insureds affected by the rate increase."

SECTION    2.    This act takes effect upon approval by the Governor.

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This web page was last updated on Monday, October 10, 2011 at 12:23 P.M.