MA S563

Bill

MA S563

Relative to special insurance brokers

Introduced
01/23/2017

In Committee
01/23/2017

Crossed Over

Passed

Dead
12/31/2018

Introduced Session

190th General Court

Bill Summary

For legislation relative to special insurance brokers and continuous affidavits. Financial Services.

AI Summary

This bill amends existing law to remove the requirement for special insurance brokers to complete an affidavit for insurance policies that are renewed, continued, or extended by the same insurance company. Instead, the special insurance broker must confirm that the insurer is on the Division of Insurance's list of approved surplus lines insurance companies prior to renewing, continuing, or extending the policy. The affidavit will remain on file with the special insurance broker and be available for examination or audit by the Division of Insurance.

Committee Categories

Business and Industry

Sponsors (1)

Mike Moore (D),

Last Action

Accompanied a study order, see S2496 (on 04/30/2018)

Official Document

https://malegislature.gov/Bills/190/S563

(6 Companion Bills)

Version:

Document Type	Source Location
State Bill Page	https://malegislature.gov/Bills/190/S563
Bill	https://malegislature.gov/Bills/190/S563.pdf

Bill	Bill Name	Last Action	Type
H139	Requiring fair housing training for real estate agents and brokers	Accompanied a new draft, see H4352	Similar To
H2968	Relative to special insurance brokers	Accompanied a study order, see H4778	Similar To
S1385	Relative to local public housing authorities access to the dental and vision insurance plan managed by the group insurance commission	Bill reported favorably by committee and referred to the committee on Senate Ways and Means	Similar To
S2496	Order relative to authorizing the joint committee on Financial Services to make an investigation and study of certain current Senate documents relative to financial services issues	Discharged to the committee on Senate Rules	Replaced by
S578	Relative to notice requirements for insurance premium changes and insurance coverage changes	Accompanied a study order, see S2496	Similar To
S579	Relative to the supplemental application requirement for dwelling fire insurance policies	Accompanied a study order, see S2496	Similar To

Bill > S563

summary

Introduced Session

Bill Summary

AI Summary

Committee Categories

Sponsors (1)

Last Action

Official Document

bill text

bill summary

bill summary

bill summary