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HB2562 • 2025

Requires the Department of Consumer and Business Services to collect a series of data related to the underwriting practices and criteria involved in issuing motor vehicle liability insurance policies in this state.

Requires the Department of Consumer and Business Services to collect a series of data related to the underwriting practices and criteria involved in issuing motor vehicle liability insurance policies in this state.

Passed Legislature

This bill passed both chambers and reached final enrollment, even if later executive action is not shown here.

Sponsor
Last action
2025-06-27
Official status
In House Committee
Effective date
Not listed

Plain English Breakdown

The plain English breakdown is still being put together. The official documents below are already here.

Bill History

  1. 2025-06-27 House

    In committee upon adjournment.

  2. 2025-01-17 House

    Referred to Commerce and Consumer Protection with subsequent referral to Ways and Means.

  3. 2025-01-13 House

    First reading. Referred to Speaker's desk.

Official Summary Text

Digest: Tells the state insurance agency to gather data about how insurers decide how much to charge for auto insurance and who gets covered. Tells the agency what kind of data to collect and to look for any bias there might be. Goes into effect 91 days after the session ends. (Flesch Readability Score: 63.0).
Requires the Department of Consumer and Business Services to collect a series of data related to the underwriting practices and criteria involved in issuing motor vehicle liability insurance policies in this state. Specifies the required contents and focus of the data collection effort.
Takes effect on the 91st day following adjournment sine die.
Relating to: Relating to underwriting practices for motor vehicle liability insurance policies in this state; prescribing an effective date.
Current location: In House Committee