MINUTES SENATE COMMITTEE ON BUSINESS & COMMERCE Thursday, February 13, 2003 9:00 a.m. Betty King Committee Hearing Room, 2E.20 ***** Pursuant to a notice posted in accordance with Senate Rule 11.18, a public hearing of the Senate Committee on Business & Commerce was held on Thursday, February 13, 2003, in the Betty King Committee Hearing Room, 2E.20, at Austin, Texas. ***** MEMBERS PRESENT: MEMBERS ABSENT: Senator Troy Fraser, Chairman Senator Eddie Lucio, Jr. Senator Kip Averitt, Vice Chairman Senator Kenneth Armbrister Senator Kim Brimer Senator Craig Estes Senator Mike Jackson Senator Leticia Van de Putte Senator Tommy Williams ***** Chairman Fraser called the meeting to order at 9:00 a.m. There being a quorum present, the following business was transacted: The Chairman laid out SB 14, which was pending in Committee, and called the first invited witness, Chris McClellan, representing Texas County Mutual Association, Austin. At 9:20 a.m. Senator Averitt assumed the chair, and Chris McClellan's testimony continued. Upon conclusion of Mr. McClellan's testimony, the Chairman called the next witness, Lyndell Haigood, representing Beacon Insurance Group, Wichita Falls. At 9:55 a.m. the Chairman moved that the Committee stand recessed until 15 minutes after adjournment of the Senate; without objection, it was so ordered. At 10:58 a.m. the committee reconvened, with invited testimony on SB 14 continuing. Chairman Fraser called the following witnesses: Dan Lambe, Texas Watch, Austin, Jose Montemayor, Commissioner, Texas Department of Insurance, and Philip Presley, Texas Department of Insurance. The Chairman then recalled Lyndell Haigood, to complete his testimony and respond to members' questions. Following Mr. Haigood's testimony, the Chairman called David Van Delinder, representing the Independent Insurance Agents of Texas, Austin, to present his testimony. Upon completion of invited testimony, Chairman Fraser moved that SB 14 be left pending; without objection, it was so ordered. There being no further business, at 12:52 p.m. Chairman Fraser moved that the Committee stand recessed subject to the call of the chairman. Without objection, it was so ordered. __________________________ Senator Troy Fraser, Chairman __________________________ Barbara Henderson, Clerk