TO: | Honorable Troy Fraser, Chair, Senate Committee on Business & Commerce |
FROM: | John S. O'Brien, Deputy Director, Legislative Budget Board |
IN RE: | HB2760 by Taylor (Relating to regulation of rates for personal automobile and fire and allied lines insurance policies issued by a county mutual insurance company.), As Engrossed |
The bill would amend the Insurance Code relating to regulation of rates for personal automobile and fire and allied lines insurance policies issued by a county mutual insurance company. The Department of Insurance anticipates any additional work resulting from the passage of the bill could be reasonably absorbed within current resources.
This bill would take effect September 1, 2005.
Source Agencies: | 359 Office of Public Insurance Counsel, 454 Department of Insurance
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LBB Staff: | JOB, DLBa, JRO, NV
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