OR SB331 | 2017 | Regular Session
Status
Completed Legislative Action
Spectrum: Unknown
Status: Passed on June 16 2017 - 100% progression
Action: 2017-06-16 - Effective date, January 1, 2018.
Text: Latest bill text (Enrolled) [PDF]
Spectrum: Unknown
Status: Passed on June 16 2017 - 100% progression
Action: 2017-06-16 - Effective date, January 1, 2018.
Text: Latest bill text (Enrolled) [PDF]
Summary
Permits insurer in lieu of renewing policy to offer insured replacement policy if insurer provides notice to insured and insurance producer at least 45 days before date on which policy subject to renewal expires. Permits insured to cancel policy at any point before replacement policy becomes effective. Provides that earned premium for period in which policy was in effect before cancellation must be calculated on pro rata basis using lower of current rate or previous year's rate. Provides that new rates and changes in terms for replacement policy that insured accedes to become effective on day after previous policy expires. Provides that proof of mailing of notice is sufficient proof of notice.
Title
Relating to renewal of an insurance policy by an affiliated company.
Sponsors
| No sponsor information available at this time. |
Roll Calls
2017-05-25 - House - House Third Reading (Y: 57 N: 0 NV: 0 Abs: 3) [PASS]
2017-05-01 - House - House Committee Do Pass the A-Eng bill (Y: 8 N: 0 NV: 0 Abs: 1) [PASS]
2017-03-08 - Senate - Senate Third Reading (Y: 29 N: 0 NV: 0 Abs: 1) [PASS]
2017-02-27 - Senate - Senate Committee Do pass with amendments. (Printed A-Eng.) (Y: 5 N: 0 NV: 0 Abs: 0) [PASS]
2017-05-01 - House - House Committee Do Pass the A-Eng bill (Y: 8 N: 0 NV: 0 Abs: 1) [PASS]
2017-03-08 - Senate - Senate Third Reading (Y: 29 N: 0 NV: 0 Abs: 1) [PASS]
2017-02-27 - Senate - Senate Committee Do pass with amendments. (Printed A-Eng.) (Y: 5 N: 0 NV: 0 Abs: 0) [PASS]
History
| Date | Chamber | Action |
|---|---|---|
| 2017-06-16 | Senate | Effective date, January 1, 2018. |
| 2017-06-16 | Senate | Chapter 250, 2017 Laws. |
| 2017-06-06 | Senate | Governor signed. |
| 2017-05-31 | House | Speaker signed. |
| 2017-05-30 | Senate | President signed. |
| 2017-05-25 | House | Third reading. Carried by Kennemer. Passed.Ayes, 57; Absent, 1--Evans; Excused, 2--Boone, Smith G. |
| 2017-05-24 | House | Rules suspended. Carried over to May 25, 2017 Calendar. |
| 2017-05-23 | House | Rules suspended. Carried over to May 24, 2017 Calendar. |
| 2017-05-22 | House | Rules suspended. Carried over to May 23, 2017 Calendar. |
| 2017-05-18 | House | Rules suspended. Carried over to May 22, 2017 Calendar. |
| 2017-05-17 | House | Rules suspended. Carried over to May 18, 2017 Calendar. |
| 2017-05-16 | House | Rules suspended. Carried over to May 17, 2017 Calendar. |
| 2017-05-15 | House | Rules suspended. Carried over to May 16, 2017 Calendar. |
| 2017-05-11 | House | Rules suspended. Carried over to May 15, 2017 Calendar. |
| 2017-05-10 | House | Rules suspended. Carried over to May 11, 2017 Calendar. |
| 2017-05-09 | House | Rules suspended. Carried over to May 10, 2017 Calendar. |
| 2017-05-08 | House | Rules suspended. Carried over to May 9, 2017 Calendar. |
| 2017-05-04 | House | Rules suspended. Carried over to May 8, 2017 Calendar. |
| 2017-05-03 | House | Second reading. |
| 2017-05-02 | House | Recommendation: Do pass. |
| 2017-05-01 | House | Work Session held. |
| 2017-04-24 | House | Public Hearing held. |
| 2017-03-13 | House | Referred to Business and Labor. |
| 2017-03-09 | House | First reading. Referred to Speaker's desk. |
| 2017-03-08 | Senate | Third reading. Carried by Beyer. Passed.Ayes, 29; excused, 1--Johnson. |
| 2017-03-07 | Senate | Second reading. |
| 2017-03-06 | Senate | Recommendation: Do pass with amendments. (Printed A-Eng.) |
| 2017-02-27 | Senate | Public Hearing and Work Session held. |
| 2017-01-17 | Senate | Referred to Business and Transportation. |
| 2017-01-09 | Senate | Introduction and first reading. Referred to President's desk. |
