03RS HB379


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HB 379/FN (BR 1475) - J. Richards, T. McKee, T. Pullin, J. Vincent, R. Wilkey

     AN ACT relating to insurance rate filings.
     Amend KRS 304.13-051 to require medical malpractice insurance rates to be filed with the commissioner of the Department of Insurance; authorize the commissioner to hold a public hearing on a rate filing in a competitive market; require a medical malpractice insurer that files a proposed rate increase to notify each policyholder that the insurer has filed the proposed rate increase; require the notice to state the percentage increase by which the policyholder's current premium is anticipated to increase if the proposed rate increase is approved as filed.


     HFA (1, J. Richards) - Permit the commissioner to hold a public hearing on any medical malpractice insurance rate filing.

     Feb 6-introduced in House
     Feb 7-to Banking and Insurance (H)
     Feb 10-posted in committee
     Feb 12-reported favorably, 1st reading, to Calendar
     Feb 13-2nd reading, to Rules
     Feb 18-posted for passage in the Regular Orders of the Day for Wednesday, February 19, 2003; floor amendment (1) filed
     Feb 21-3rd reading, passed 98-0 with floor amendment (1)
     Feb 24-received in Senate
     Feb 27-to Appropriations and Revenue (S)

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