David J. Toscano
- Democratic
Primary
Codifies certain provisions that currently are set out in regulations adopted by the State Corporation Commission pertaining to the establishment of minimum loss ratios to assure that the benefits provided by accident and sickness insurance policies are or are likely to be reasonable in relation to the premiums charged. The measure authorizes the Commission, upon finding that a premium rate filed will not meet the originally filed and approved loss ratio, to require appropriate rate adjustments, premium refunds, or premium credits as necessary for the coverage to conform with established minimum loss ratio standards.
Approved by Governor-Chapter 607 (effective 7/1/19)
Governor's Action Deadline Midnight, March 26, 2019
Enrolled Bill communicated to Governor on February 21, 2019
Signed by President
Signed by Speaker
Enrolled
Read third time
Constitutional reading dispensed
Referred to Committee on Commerce and Labor
Read third time and passed House BLOCK VOTE (99-Y 0-N)
Engrossed by House - committee substitute HB2345H1
Committee substitute agreed to 19105334D-H1
Read second time
Read first time
Assigned C & L sub: Subcommittee #1
Prefiled and ordered printed; offered 01/09/19 19102654D
Referred to Committee on Commerce and Labor
| Bill Text Versions | Format |
|---|---|
| House subcommittee amendments and substitutes adopted | HTML |
| House: Prefiled and ordered printed; offered 01/09/19 19102654D | HTML |
| House: Committee substitute printed 19105334D-H1 | HTML |
| House: Bill text as passed House and Senate (HB2345ER) | HTML |
| Governor: Acts of Assembly Chapter text (CHAP0607) | HTML |
| Document | Format |
|---|---|
| No related documents. |
Data on Open States is updated periodically throughout the day from the official website of the Virginia General Assembly.
If you notice any inconsistencies with these official sources, feel free to file an issue.