Insurance Law
HCS HB 1341 — Swimming Pool Liability. Establishes Ethan’s Law which requires owners of certain for-profit, privately owned swimming pools to maintain liability insurance in an amount of at least $1 million per occurrence in the event of injury or death of a patron. An owner who violates the provisions of the bill will be subject to a fine of $250 per day up to a maximum of $10,000, and will not be permitted to remain in operation. An owner could also be responsible for any costs incurred by the state or county for enforcing the provisions regarding the failure to maintain adequate liability insurance. An owner who intentionally cancels, terminates, or fails to renew his or her liability insurance, will be guilty of a class A misdemeanor.
The Department of Public Safety with the assistance of local law enforcement agencies will implement and enforce the provisions of the bill when an owner does not have adequate liability coverage. Insurance companies must notify the department if an owner terminates, cancels, or fails to renew his or her liability insurance.
Contains an emergency clause. (Signed 6/6/08)
SCS HCS HB 1690 — Transmission of Insurance-Related Information. (See State Government Law)
HCS HB 1893 — Premium Refund Calculations for Credit Insurance. Changes the formula for calculating a refund for credit insurance premiums. Specifies that the first month’s premium is earned on the first day of coverage, and each successive month’s premium will be earned on the anniversary date of the coverage. (Signed 6/19/08) (See also companion SCS SB 1168. Signed 6/25/08)