Introduced
by
To double the fines for an insurance company engaging in unfair or deceptive acts or practices. The fines currently range from $500 to $25,000.
Referred to the Committee on Insurance
Reported without amendment
With the recommendation that the substitute (H-4) be adopted and that the bill then pass.
Substitute offered
To replace the previous version of the bill with one that quadruples the fines instead of doubling them.
The substitute passed by voice vote
Passed in the House 65 to 42 (details)
To quadruple the fines for an insurance company engaging in unfair or deceptive acts or practices. The fines currently range from $500 to $25,000.
Referred to the Committee on Economic Development and Regulatory Reform
