IN HB1372 | 2020 | Regular Session

Status

Spectrum: Slight Partisan Bill (Republican 3-1)
Status: Engrossed on January 29 2020 - 50% progression
Action: 2020-02-20 - Committee report: amend do pass, adopted
Text: Latest bill text (Amended) [PDF]

Summary

Various insurance matters. Makes changes in the law concerning the permissible investments of life insurance companies and casualty, fire, and marine insurance companies. Provides that an insurance administrator may pay claims via electronic payment. Exempts an individual from the prelicensing course, state license examination, and continuing education requirements for licensed independent adjusters if the individual holds a current claims certification issued by a national or state claims association whose certification program meets certain conditions. Adopts the insurance data security model law, which requires certain holders of an insurance license, authority, or registration to maintain an information security program and meet other requirements. Provides that an individual who is covered by an insurance policy or health maintenance organization contract and who receives emergency services provided by an out of network provider shall not be required to pay more for the emergency services than the amount of compensation that would be allowed under the network plan for emergency services of the same type provided in network by the same type of provider, minus any copayment, deductible, or coinsurance amounts that apply. Adopts a new model law on credit for reinsurance. Provides that a rejection of uninsured motorist coverage or underinsured motorist coverage in an underlying personal policy is also a rejection of uninsured motorist coverage or underinsured motorist coverage in a personal umbrella or excess liability policy. Urges the legislative council to assign to the interim study committee on financial institutions and insurance the task of studying the cost to consumers of ambulance transportation services.

Tracking Information

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Title

Various insurance matters.

Sponsors


Roll Calls

2020-02-19 - Senate - Senate - Committee Vote (Y: 8 N: 0 NV: 0 Abs: 0) [PASS]
2020-01-28 - House - House - Third reading (Y: 98 N: 0 NV: 1 Abs: 1) [PASS]
2020-01-22 - House - House - Committee Vote (Y: 12 N: 0 NV: 0 Abs: 1) [PASS]

History

DateChamberAction
2020-02-20SenateCommittee report: amend do pass, adopted
2020-02-10SenateFirst reading: referred to Committee on Insurance and Financial Institutions
2020-01-29HouseReferred to the Senate
2020-01-28HouseRepresentatives Lehman and Austin added as coauthors
2020-01-28HouseSenate sponsor: Senator Bassler
2020-01-28HouseThird reading: passed; Roll Call 113: yeas 98, nays 0
2020-01-27HouseSecond reading: ordered engrossed
2020-01-23HouseCommittee report: amend do pass, adopted
2020-01-13HouseFirst reading: referred to Committee on Insurance
2020-01-13HouseAuthored by Representative Carbaugh

Indiana State Sources


Bill Comments

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