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AZ HB2037

Bill

Status

Introduced

3/31/2015

Primary Sponsor

Heather Carter

Click for details

Origin

House of Representatives

Fifty-second Legislature - First Regular Session (2015)

AI Summary

  • Amends Arizona Revised Statutes Section 20-344 regarding uniform plans for workers' compensation insurance.

  • Modifies subsection B to clarify that rating organizations may use their own statistical plan if it does not materially conflict with the uniform statistical plan for reporting purposes to the designated statistical agent.

  • Corrects subsection C to remove redundant language regarding insurers developing subclassifications of the uniform classification plan, either directly or through rating organizations.

  • Requires insurers or rating organizations to file subclassifications and associated rates with the director, with a mandatory 15-day waiting period before effectiveness.

  • Maintains director authority to disapprove subclassifications that cannot be reported consistently with uniform plans or do not meet established rate standards.

Legislative Description

Technical correction; insurance; uniform plans

Last Action

Referred to House RULES Committee

3/31/2015

Full Bill Text

No bill text available