Date: 04/17/2006

Final
BILL SUMMARY for HB06-1330

SENATE COMMITTEE ON JUDICIARY

Votes: View--> Action Taken:
Refer to House Bill 06-1330 to the Committee on ApPASS



02:35 PM -- House Bill 06-1330

Senator Fitz-Gerald, sponsor, presented House Bill 06-1330 concerning information filed with the Division of Insurance by specified types of insurers. The bill requires most property and casualty insurers offering policies in the state to submit certain information related to their Colorado line of business going back to 2002. In addition, insurers must specify the states from which experiences were drawn in setting Colorado premium rates.

02:38 PM -- Julie Kreps, Colorado Department of Regulatory Agencies, spoke in favor of the bill. Ms. Kreps thanked the parties to the bill for all of their hard work.

02:39 PM -- Jerry McDermott, Colorado Trial Lawyer's Association, spoke in favor of the bill. Mr. McDermott stated his belief that this is a modest, but important step toward improving the liability arena. He answered committee questions about the long-term effects of the bill.


02:45 PM

Senator Fitz-Gerald wrapped up her presentation of the bill.
BILL:HB06-1330
TIME: 02:46:11 PM
MOVED:Mitchell
MOTION:Refer to House Bill 06-1330 to the Committee on Appropriations with a favorable recommendation. The motion passed on a vote of 6-0.
SECONDED:
VOTE
Bacon
Yes
Dyer
Excused
Gordon
Yes
Mitchell
Yes
Traylor
Yes
Shaffer
Yes
Grossman
Yes
Final YES: 6 NO: 0 EXC: 1 ABS: 0 FINAL ACTION: PASS