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House Bill 1545

House Bill 1545

ARCHIVE (2003)

Latest Information

DIGEST OF HB 1545 (Updated April 27, 2003 12:50 AM - DI 97)

Insurance matters. Amends the law concerning insurance administrators and provides for reciprocity in the licensure of insurance administrators. Provides bonding requirements for resident surplus lines producers' licenses. Provides that notice of nonrenewal of a commercial property and casualty insurance policy or an automobile insurance policy is not required if the insured is transferred to an affiliate of the insurer in certain circumstances. Specifies that any costs above the current limit on charges for publication of certain insurer statements must be borne by the newspaper publishing the statement. Makes conforming amendments and a technical change.
Current Status:
Law Enacted
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