Senate Bill 0162
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DIGEST OF SB162 (Updated February 1, 2006 3:46 pm - DI 84)
Commercial policyholder. Defines "commercial policyholder" to include a business, nonprofit, or governmental entity that purchases a commercial policy. Removes certain requirements concerning exempt commercial policyholders. Changes reporting requirements for insurers concerning commercial policyholders. Repeals a provision that require an insurance company that insures a public entity as an exempt commercial policyholder to maintain a certain rating.
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