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s_blt_2016a_2016-02-24t14:00:36z3 Hearing Summary

Date: 02/24/2016



Final

BILL SUMMARY for HB16-1025



SENATE COMMITTEE ON BUSINESS, LABOR, & TECHNOLOGY


Votes: View--> Action Taken:
Refer House Bill 16-1025 to the Committee of the W PASS







03:57 PM -- HB 16-1025



Senator Tate introduced House Bill 16-1025, concerning renewal of property casualty insurance. Multiple insurance companies that are owned or controlled by one entity are considered a group. This bill expands the definition of "renewal" or "to renew" when used in an automobile insurance policy, to clarify that a policy that replaces an expired policy may be issued by another admitted company within the same insurance group, rather than the issuer of the original policy.

BILL: HB16-1025
TIME: 03:59:11 PM
MOVED: Tate
MOTION: Refer House Bill 16-1025 to the Committee of the Whole with a recommendation that it be placed on the consent calendar. The motion passed on a vote of 8-0.
SECONDED:
VOTE
Baumgardner
Excused
Heath
Yes
Hodge
Yes
Jahn
Yes
Neville T.
Yes
Newell
Yes
Tate
Yes
Woods
Yes
Holbert
Yes
Final YES: 8 NO: 0 EXC: 1 ABS: 0 FINAL ACTION: PASS









04:00 PM



The committee adjourned.




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