HB1620 (2018) Detail

Relative to surplus lines insurance requirements.


HB 1620 - AS INTRODUCED

 

 

2018 SESSION

18-2525

01/05

 

HOUSE BILL 1620

 

AN ACT relative to surplus lines insurance requirements.

 

SPONSORS: Rep. Emerick, Rock. 21; Rep. Edgar, Rock. 21

 

COMMITTEE: Commerce and Consumer Affairs

 

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ANALYSIS

 

This bill requires insurance carriers licensed to do business in New Hampshire who write surplus lines insurance to include 2 percent of their policies in high risk categories.

 

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Explanation: Matter added to current law appears in bold italics.

Matter removed from current law appears [in brackets and struckthrough.]

Matter which is either (a) all new or (b) repealed and reenacted appears in regular type.

18-2525

01/05

 

STATE OF NEW HAMPSHIRE

 

In the Year of Our Lord Two Thousand Eighteen

 

AN ACT relative to surplus lines insurance requirements.

 

Be it Enacted by the Senate and House of Representatives in General Court convened:

 

1  New Section; Surplus Lines Insurance Policies.  Amend RSA 412 by inserting after section 16 the following new section:

412:16-a  Surplus Lines Policies.  Insurance carriers licensed to do business in New Hampshire who issue surplus lines policies shall include at least 2 percent of their policies in high risk categories.  The commissioner shall determine by rule, pursuant to RSA 541-A, a definition of high risk.

2  Effective Date.  This act shall take effect 60 days after its passage.

Links

HB1620 at GenCourtMobile

Action Dates

Date Body Type
Jan. 23, 2018 House Hearing
Jan. 31, 2018 House Exec Session
House Floor Vote
Feb. 22, 2018 House Floor Vote

Bill Text Revisions

HB1620 Revision: 2373 Date: Nov. 13, 2017, 7:50 a.m.

Docket


Feb. 22, 2018: Inexpedient to Legislate: MA VV 02/22/2018 HJ 5 P. 4


: Committee Report: Inexpedient to Legislate (Vote 20-0; CC)


Feb. 22, 2018: Committee Report: Inexpedient to Legislate for 02/22/2018 (Vote 20-0; CC) HC 7 P. 5


Jan. 31, 2018: Executive Session: 01/31/2018 LOB 302


Jan. 31, 2018: Subcommittee Work Session: 01/31/2018 09:00 AM LOB 302


Jan. 23, 2018: Public Hearing: 01/23/2018 11:30 AM LOB 302


Jan. 3, 2018: Introduced 01/03/2018 and referred to Commerce and Consumer Affairs HJ 1 P. 17