H 2124 Session 107 (1987-1988)
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.
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
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