Date: 03/26/2013

Final
BILL SUMMARY for HB13-1262

HOUSE COMMITTEE ON BUSINESS, LABOR, ECONOMIC, & WORKFORCE DEVELOPMENT

Votes: View--> Action Taken:
Adopt amendment L.002. The motion passed without o
Refer House Bill 13-1262, as amended, to the Commi
Pass Without Objection
PASS



01:41 PM -- House Bill 13-1262

Representative Young, prime sponsor, introduced House Bill 13-1262 to the committee. The bill expands the Fraudulent Claims and Arson Reporting Act to allow any person to report a fraudulent insurance claim to a secondary agency and defines a secondary agency as any for profit or nonprofit organization funded directly or indirectly by insurers that collects and disseminates information on insurance fraud. Representative Young distributed a letter from the National Insurance Crime Bureau to the committee (Attachment A) and prepared Amendment L.002 (Attachment B).

130326 AttachA.pdf130326 AttachA.pdf130326 AttachB.pdf130326 AttachB.pdf

The following individuals provided testimony to the committee:

01:45 PM --
Jeff Ruebel, Colorado Defense Lawyers Association, and Julie Mowry, State Farm, spoke in favor of the bill. Ms. Mowry discussed the bill and prepared Amendment L.002. Mr. Ruebel discussed examples of insurance fraud.

01:49 PM

Representative Young discussed the provisions of Amendment L.002, which included technical changes recommended by the Department of Regulatory Agencies' Division of Insurance; and the striking of the immunity section of the bill, which needs more work according to Representative Young.

BILL:HB13-1262
TIME: 01:50:43 PM
MOVED:Hamner
MOTION:Adopt amendment L.002. The motion passed without objection.
SECONDED:Ryden
VOTE
DelGrosso
Exum
Hamner
Holbert
Navarro
Nordberg
Rosenthal
Ryden
Szabo
Kraft-Tharp
Williams
YES: 0 NO: 0 EXC: 0 ABS: 0 FINAL ACTION: Pass Without Objection


01:51 PM

Representative Young made closing comments. He stated that no Coloradan wants to pay higher insurance premiums because of fraud.

BILL:HB13-1262
TIME: 01:53:17 PM
MOVED:Hamner
MOTION:Refer House Bill 13-1262, as amended, to the Committee of the Whole. The motion passed on a vote of 11-0.
SECONDED:Szabo
VOTE
DelGrosso
Yes
Exum
Yes
Hamner
Yes
Holbert
Yes
Navarro
Yes
Nordberg
Yes
Rosenthal
Yes
Ryden
Yes
Szabo
Yes
Kraft-Tharp
Yes
Williams
Yes
YES: 11 NO: 0 EXC: 0 ABS: 0 FINAL ACTION: PASS