ASSEMBLY ACTION Initial and Date |SENATE ACTION Initial and Date
Adopted Lost | Adopted Lost
Concurred In Not
|Concurred In Not
Receded Not | Receded Not
Amend section 1, page 1, line 3, by deleting:
“study of the” and inserting:
“study of:
(a) The”.
Amend section 1, page 1, line 4, by deleting “insurers. The” and inserting:
“insurers; and
(b) Administered pricing mechanisms for medical professional liability insurance.
FLUSH
The”.
Amend section 1, page 1, line 7, after “insurance” by inserting:
“and casualty insurance as it pertains to medical professional liability coverage”.
Amend section 1, page 1, line 10, after “(a)” by inserting:
“For the impact of the recent privatization of the industrial insurance:
(1)”.
Amend section 1, page 1, line 14, by deleting “(b)” and inserting “(2)”.
Amend section 1, page 2, line 4, by deleting “and”.
Amend section 1, page 2, line 5, by deleting “(c)” and inserting “(3)”.
Amend section 1, page 2, line 7, by deleting “insurers.” and inserting:
“insurers; and
(b) For administered pricing mechanisms for medical professional liability insurance:
(1) The plausibility of carrying out a rating system that consists of:
(I) Uniform loss costs by classification and territory;
(II) Uniform claims-made step factors, including the number of steps;
(III) Factors for uniform extended reporting periods;
(IV) Uniform experience and schedule rating plans; and
(V) Any other rating factors deemed necessary;
(2) An estimate of the cost to carry out such a rating system;
(3) An analysis of the impact that such a rating system would have on the availability and affordability of medical professional liability coverage; and
(4) An analysis of the impact that such a rating system would have on the insurance industry within this state.”.
Amend section 1, page 2, by deleting lines 10 and 11 and inserting:
“workers, employers, the medical profession and insurers, and from experts in the area of industrial insurance and medical professional liability insurance.”.
Amend the title of the bill to read as follows:
“AN ACT relating to insurance; directing the Legislative Commission to appoint a subcommittee to study the impact of the recent privatization of the industrial insurance program and administered pricing mechanisms for medical professional liability insurance; and providing other matters properly relating thereto.”.
Amend the summary of the bill to read as follows: