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Committee amends fraud-in-insurance bill to send penalties to state general fund
Summary
House Bill 2323, which creates a civil cause of action for fraudulent insurance acts and expands the insurance commissioner's access to some records, was amended so civil penalties would be deposited to the state general fund rather than to the Insurance Department's service regulation fund; the committee then passed the bill favorably
The House Committee on Judiciary amended and advanced House Bill 2323 on Thursday. The bill creates a civil cause of action for fraudulent insurance acts, grants the commissioner access to certain expunged records for licensure checks and adds automobile assigned claims plans to the statute.
Representative John…
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