HB122 Alabama 2021 Session
In Committee
Bill Summary
Sponsors
Session
Regular Session 2021
Title
Insurance, flood insurance, exempt from rate filing and approval requirement, Sec. 27-13-21 am'd.
Description
Under existing law, property insurers are generally required to file all rates for approval by the Commissioner of Insurance, with certain exceptions
This bill would exempt flood insurance from the requirement for insurers to file rates for approval by the Commissioner of Insurance
Relating to insurance, to amend Section 27-13-21, Code of Alabama 1975; to exempt flood insurance from the rate filing and approval requirement.
Subjects
Insurance
Bill Actions
| Action Date | Chamber | Action |
|---|---|---|
| May 6, 2021 | H | Indefinitely Postponed |
| February 10, 2021 | H | Read for the second time and placed on the calendar |
| February 2, 2021 | H | Read for the first time and referred to the House of Representatives committee on Insurance |
Bill Calendar
| Type | Date | Location | Description |
|---|---|---|---|
| Hearing | February 10, 2021 | Room 617 at 09:00 | House INS Hearing |
Bill Text
Bill Documents
| Type | Link |
|---|---|
| Bill Text | HB122 Alabama 2021 Session - Introduced |
| Fiscal Note | Fiscal Note - HB122 for Insurance |