Text: HF02343 Text: HF02345 Text: HF02300 - HF02399 Text: HF Index Bills and Amendments: General Index Bill History: General Index
PAG LIN 1 1 Section 1. NEW SECTION. 516.4 NOTICE OF INTENT TO BRING 1 2 ACTION – EFFECT ON DRAMSHOP PREMIUM RATE. 1 3 An insurer providing coverage for liability to a licensee 1 4 or permittee as required under section 123.92 shall not 1 5 increase the premium of an insured solely in response to a 1 6 notice given to an insured that another party intends to bring 1 7 an action for damages against the insured, or upon the filing 1 8 of such an action against the insured, which, if successful, 1 9 would create a potential liability against the insurer under 1 10 the policy of insurance issued to the insured. 1 11 EXPLANATION 1 12 This bill provides that an insurer shall not increase the 1 13 dramshop premium rates of an insured who receives a notice 1 14 that an action is to be brought by another party against the 1 15 insured, or upon the filing of such an action, which may 1 16 create a liability under the policy of dramshop insurance 1 17 issued by the insurer. 1 18 LSB 4018HH 76 1 19 mj/cf/24
Text: HF02343 Text: HF02345 Text: HF02300 - HF02399 Text: HF Index Bills and Amendments: General Index Bill History: General Index
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