HB 1159

Bill Subjects

Business Organizations And Associations; Generally Insurance; Generally Labor And Employment; Worker's Compensation

Abstract

Provides that a bid specification that is entered into, issued, amended, or renewed after June 30, 2024, may not contain a provision requiring an employer to have or maintain a specified experience rating. Requires certain insurance companies that make a successful subrogation claim to revise an insured party's prior experience ratings in a specified manner. Provides exceptions. Defines terms and makes a conforming amendment.