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Session 107 - (1987-1988)Printer Friendly
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H 2124 General Bill, By D.L. Aydlette
A Bill to amend Section 38-37-940, Code of Laws of South Carolina, 1976, relating to the regulation of automobile insurance, the avoidance of certain classes or types of risk, exceptions, and canceling an agent's representation, so as to make it an act of unlawful discrimination and unfair competition for an insurer to terminate its insurance business with any one agent over the writing of certain classes or types of automobile insurance risks without also pulling out of the entire State or terminating its similar business with all other agents in the State at the same time and to do anything unfair, or unfairly fail to do anything, which has the effect of, or results in, causing any ceded insurance business to have a detrimental effect on any incentive bonuses paid by the insurer to agents, and to increase the period of revocation or suspension of the insurer's certificate of authority, as a penalty for these and certain other unlawful, wilful acts, from six to twelve months, and to prohibit insurers from using business placed in the Reinsurance Facility when determining quality bonus.
A Bill to amend Section 38-37-940, Code of Laws of South Carolina, 1976, relating to the regulation of automobile insurance, the avoidance of certain classes or types of risk, exceptions, and canceling an agent's representation, so as to make it an act of unlawful discrimination and unfair competition for an insurer to terminate its insurance business with any one agent over the writing of certain classes or types of automobile insurance risks without also pulling out of the entire State or terminating its similar business with all other agents in the State at the same time and to do anything unfair, or unfairly fail to do anything, which has the effect of, or results in, causing any ceded insurance business to have a detrimental effect on any incentive bonuses paid by the insurer to agents, and to increase the period of revocation or suspension of the insurer's certificate of authority, as a penalty for these and certain other unlawful, wilful acts, from six to twelve months, and to prohibit insurers from using business placed in the Reinsurance Facility when determining quality bonus.
| 01/13/87 | House | Introduced and read first time HJ-63 |
| 01/13/87 | House | Referred to Committee on Labor, Commerce and Industry HJ-63 |
| 02/11/87 | House | Committee report: Favorable Labor, Commerce and Industry HJ-472 |
| 02/17/87 | House | Debate adjourned HJ-547 |
| 02/17/87 | House | Debate adjourned HJ-559 |
| 02/18/87 | House | Debate adjourned HJ-600 |
| 02/19/87 | House | Amended HJ-640 |
| 02/19/87 | House | Read second time HJ-640 |
| 02/19/87 | House | Unanimous consent for third reading on next legislative day HJ-664 |
| 02/20/87 | House | Read third time and sent to Senate HJ-675 |
| 02/24/87 | Senate | Introduced and read first time SJ-629 |
| 02/24/87 | Senate | Referred to Committee on Banking and Insurance SJ-62 |