General Bill
Citizens Property Insurance Corporation:
Requires corporation to achieve actuarially sound rates by specified date; requires corporation to take specified actions to achieve actuarially sound rates; provides requirements for determination of actuarially sound rates; requires corporation to file plan of withdrawal by specified date if corporation does not achieve actuarially sound rates by specified deadline; establishes criteria for actuarially sound rates; prohibits OIR from having authority with respect to corporation's rates; authorizes policyholder to challenge premium in accordance with specified provisions of state law; prohibits challenge to corporation's rates; prohibits OIR from denying corporation's plan of withdrawal.
Effective Date:
July 1, 2010
Last Event:
Died in Insurance, Business & Financial Affairs Policy Committee on Friday, April 30, 2010 6:59 PM
Bill #
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Subject
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Relationship
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Bill #:
SB 2104
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Subject:
Citizens Property Insurance Corporation [CPSC]
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Relationship:
Identical
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