Bill
Bill > H923
MA H923
Preserving the competitiveness of group auto and homeowners insurance plans
summary
Introduced
01/22/2019
01/22/2019
In Committee
01/22/2019
01/22/2019
Crossed Over
Passed
Dead
12/31/2020
12/31/2020
Introduced Session
191st General Court
Bill Summary
Relative to the renewal of certain group marketing plans for automobile and homeowner insurance. Financial Services.
AI Summary
This bill allows group auto and homeowner insurance plans approved under Section 193R of Chapter 175 of the General Laws to be renewed during the calendar years 2020 to 2026, even if less than 35% of the members are insured during that time period. This is intended to preserve the competitiveness of these group insurance plans, which are often offered through employers or organizations, by providing flexibility around the membership requirement during the specified years.
Committee Categories
Business and Industry
Sponsors (1)
Last Action
Accompanied a new draft, see H4152 (on 10/28/2019)
Official Document
bill text
bill summary
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bill summary
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bill summary
| Document Type | Source Location |
|---|---|
| State Bill Page | https://malegislature.gov/Bills/191/H923 |
| Bill | https://malegislature.gov/Bills/191/H923.pdf |
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