HB1813 - Tennessee - Insurance Companies, Agents, Brokers, Policies

Companion Bill SB2171. Insurance Companies, Agents, Brokers, Policies - Removes provision whereby certain statutes relating to rates and rate filings that were in existence in 1996 will be revived effective July 1, 2007. - Amends Public Chapter 944 of the Acts of 1996, Public Chapter 192 for the Acts of 2001 and TCA Section 56-5-307. Fiscal Summary for *HB1813 / SB2171MINIMAL Bill Summary for *HB1813 / SB2171 Present law requires workers' compensation insurers to file multipliers and supporting information with the commissioner of commerce and insurance by 15 days after the effective date of a policy. This provision is scheduled to expire July 1, 2007, but this bill provides for this provision being retained indefinitely. A multiplier is the insurer's determination of the profits and expenses, other than loss expense, loss adjustment expense [...]

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