Fabio
85 lines
7.7 KiB
Markdown
85 lines
7.7 KiB
Markdown
---
|
||
type: "Bill"
|
||
title: "Insurance"
|
||
description: "AN ACT TO AMEND THE CODE OF LAWS OF SOUTH CAROLINA, 1976, BY ADDING SECTION 38-69-247 SO AS TO ESTABLISH MINIMUM NONFORFEITURE AMOUNTS FOR CONTRACTS ISSUED AFTER JUNE 30, 2022; BY ADDING SECTION 38-72-78 SO AS TO REQUIRE LONG-TERM CARE INSURERS TO PROVIDE NOTICE OF PROPOSED PREMIUM RATE INCREASES TO POLICYHOLDERS; TO AMEND SECTION 38-9-180, RELATING TO STANDARD VALUATION LAW, SO AS TO REMOVE A REQUIREMENT; TO AMEND SECTION 38-9-210, AS AMENDED, RELATING TO THE REDUCTION FROM LIABILITY FOR REINSURANCE, SO AS TO CORRECT THE NAME OF THE APPROPRIATE OFFICE OF THE NATIONAL ASSOCIATION OF INSURANCE COMMISSIONERS; TO AMEND SECTION 38-13-80, RELATING TO THE ANNUAL STATEMENT AS TO BUSINESS STANDING AND FINANCIAL CONDITION, SO AS TO PROVIDE THE TIME AND MANNER THAT THE STATEMENT OF BUSINESS STANDING AND FINANCIAL CONDITION MUST BE FILED; TO AMEND SECTION 38-13-85, RELATING TO THE FILING OF ANNUAL STATEMENTS, SO AS TO PROVIDE THE TIME AND MANNER THAT THE ANNUAL STATEMENTS ARE FILED; TO AMEND SECTION 38-57-150, AS AMENDED, RELATING TO PROHIBITED INDUCEMENTS, SO AS TO ALLOW AN EMPLOYEE, AFFILIATE, OR THIRD PARTY OF AN INSURER TO OFFER AN INSURED SERVICES RELATING TO THE LOSS CONTROL OF THE COVERED RISK; TO AMEND SECTION 38-73-240, RELATING TO RATE FILINGS, SO AS TO CLARIFY WHERE AN INSURER MAY FILE A MULTIPLIER; TO AMEND SECTION 38-73-910, AS AMENDED, RELATING TO THE APPLICATION OF THE SECTION, SO AS TO ESTABLISH THAT RATE, RULE, AND FORM FILINGS SUBMITTED BY A RATING ORGANIZATION ARE SUBJECT TO PRIOR APPROVAL OF THE DEPARTMENT OF INSURANCE; TO AMEND SECTION 38-79-200, AS AMENDED, RELATING TO RATE INCREASE OR ASSESSMENT AUTHORIZATION, SO AS TO INCLUDE A REFERENCE; TO AMEND SECTIONS 38-101-20, 38-101-30, 38-101-40, AND 38-101-110, ALL RELATING TO THE ISSUANCE OF FLOOD INSURANCE POLICIES, ALL SO AS TO REQUIRE A PERIL OF FLOOD TO BE NAMED; TO AMEND SECTION 38-101-120, RELATING TO THE WRITTEN NOTICE OF CANCELLATION OR NONRENEWAL, SO AS TO CLARIFY THE REQUIRED NOTICE PERIOD; AND TO REPEAL CHAPTER 95 OF TITLE 38 RELATING TO THE INTERSTATE INSURANCE PRODUCT REGULATION COMPACT. - ratified title"
|
||
jurisdiction: "us/states/sc"
|
||
legislature: "South Carolina General Assembly"
|
||
session: "2021-2022"
|
||
identifier: "H 4832"
|
||
citation: "South Carolina H 4832 (2021-2022)"
|
||
classification: ["bill"]
|
||
subjects: []
|
||
status: "enacted"
|
||
primary_sponsors: ["Anderson", "Sandifer"]
|
||
version_count: 7
|
||
action_count: 20
|
||
vote_count: 2
|
||
first_action: "2022-01-20"
|
||
last_action: "2022-05-31"
|
||
source: "openstates"
|
||
source_identifier: "ocd-bill/368e757c-8f0e-4eff-812d-265744b608b7"
|
||
source_url: "https://www.scstatehouse.gov/billsearch.php?billnumbers=4832&session=124&summary=B"
|
||
source_hash: "6eeaab2ff32e93f3cdb31da975e3ac4866ca5937def63780be9dd482135f4d60"
|
||
vintage: "2026-07-01"
|
||
source_snapshot: "https://data.openstates.org/daily/2026-07-01/public.pgdump"
|
||
retrieved_at: "2026-07-06"
|
||
confidence: "reported"
|
||
tags: ["legislation", "bill", "us-sc"]
|
||
---
|
||
|
||
# South Carolina H 4832 (2021-2022) — Insurance
|
||
|
||
AN ACT TO AMEND THE CODE OF LAWS OF SOUTH CAROLINA, 1976, BY ADDING SECTION 38-69-247 SO AS TO ESTABLISH MINIMUM NONFORFEITURE AMOUNTS FOR CONTRACTS ISSUED AFTER JUNE 30, 2022; BY ADDING SECTION 38-72-78 SO AS TO REQUIRE LONG-TERM CARE INSURERS TO PROVIDE NOTICE OF PROPOSED PREMIUM RATE INCREASES TO POLICYHOLDERS; TO AMEND SECTION 38-9-180, RELATING TO STANDARD VALUATION LAW, SO AS TO REMOVE A REQUIREMENT; TO AMEND SECTION 38-9-210, AS AMENDED, RELATING TO THE REDUCTION FROM LIABILITY FOR REINSURANCE, SO AS TO CORRECT THE NAME OF THE APPROPRIATE OFFICE OF THE NATIONAL ASSOCIATION OF INSURANCE COMMISSIONERS; TO AMEND SECTION 38-13-80, RELATING TO THE ANNUAL STATEMENT AS TO BUSINESS STANDING AND FINANCIAL CONDITION, SO AS TO PROVIDE THE TIME AND MANNER THAT THE STATEMENT OF BUSINESS STANDING AND FINANCIAL CONDITION MUST BE FILED; TO AMEND SECTION 38-13-85, RELATING TO THE FILING OF ANNUAL STATEMENTS, SO AS TO PROVIDE THE TIME AND MANNER THAT THE ANNUAL STATEMENTS ARE FILED; TO AMEND SECTION 38-57-150, AS AMENDED, RELATING TO PROHIBITED INDUCEMENTS, SO AS TO ALLOW AN EMPLOYEE, AFFILIATE, OR THIRD PARTY OF AN INSURER TO OFFER AN INSURED SERVICES RELATING TO THE LOSS CONTROL OF THE COVERED RISK; TO AMEND SECTION 38-73-240, RELATING TO RATE FILINGS, SO AS TO CLARIFY WHERE AN INSURER MAY FILE A MULTIPLIER; TO AMEND SECTION 38-73-910, AS AMENDED, RELATING TO THE APPLICATION OF THE SECTION, SO AS TO ESTABLISH THAT RATE, RULE, AND FORM FILINGS SUBMITTED BY A RATING ORGANIZATION ARE SUBJECT TO PRIOR APPROVAL OF THE DEPARTMENT OF INSURANCE; TO AMEND SECTION 38-79-200, AS AMENDED, RELATING TO RATE INCREASE OR ASSESSMENT AUTHORIZATION, SO AS TO INCLUDE A REFERENCE; TO AMEND SECTIONS 38-101-20, 38-101-30, 38-101-40, AND 38-101-110, ALL RELATING TO THE ISSUANCE OF FLOOD INSURANCE POLICIES, ALL SO AS TO REQUIRE A PERIL OF FLOOD TO BE NAMED; TO AMEND SECTION 38-101-120, RELATING TO THE WRITTEN NOTICE OF CANCELLATION OR NONRENEWAL, SO AS TO CLARIFY THE REQUIRED NOTICE PERIOD; AND TO REPEAL CHAPTER 95 OF TITLE 38 RELATING TO THE INTERSTATE INSURANCE PRODUCT REGULATION COMPACT. - ratified title
|
||
|
||
## Version chain
|
||
|
||
The bill's text revisions, in order — the diff chain from filing to enrollment.
|
||
|
||
1. **Filed** (filed) — [source](https://www.scstatehouse.gov/sess124_2021-2022/bills/4832.htm)
|
||
2. **1/20/2022** (committee substitute) — [source](https://www.scstatehouse.gov/sess124_2021-2022/prever/4832_20220120.htm)
|
||
3. **1/26/2022** (committee substitute) — [source](https://www.scstatehouse.gov/sess124_2021-2022/prever/4832_20220126.htm)
|
||
4. **1/27/2022** (committee substitute) — [source](https://www.scstatehouse.gov/sess124_2021-2022/prever/4832_20220127.htm)
|
||
5. **2/1/2022** (committee substitute) — [source](https://www.scstatehouse.gov/sess124_2021-2022/prever/4832_20220201.htm)
|
||
6. **2/23/2022** (committee substitute) — [source](https://www.scstatehouse.gov/sess124_2021-2022/prever/4832_20220223.htm)
|
||
7. **2/24/2022** (committee substitute) — [source](https://www.scstatehouse.gov/sess124_2021-2022/prever/4832_20220224.htm)
|
||
|
||
## Votes
|
||
|
||
- Passage of Bill — **95–0** (pass) · lower
|
||
- 2nd Reading — **37–0** (pass) · upper
|
||
|
||
## Sponsors
|
||
|
||
- Anderson — primary (person)
|
||
- Sandifer — primary (person)
|
||
|
||
## Timeline
|
||
|
||
The legislative action history — every referral, reading, and vote.
|
||
|
||
- **2022-01-20** Introduced and read first time `introduction, reading-1`
|
||
- **2022-01-20** Referred to Committee on Labor, Commerce and Industry `referral-committee`
|
||
- **2022-01-25** Member(s) request name added as sponsor: Anderson
|
||
- **2022-01-26** Scrivener's error corrected
|
||
- **2022-01-27** Committee report: Favorable Labor, Commerce and Industry `committee-passage-favorable`
|
||
- **2022-02-01** Scrivener's error corrected
|
||
- **2022-02-01** Read second time `reading-2`
|
||
- **2022-02-01** Roll call Yeas-95 Nays-0
|
||
- **2022-02-02** Read third time and sent to Senate `passage, reading-3`
|
||
- **2022-02-02** Introduced and read first time `introduction, reading-1`
|
||
- **2022-02-02** Referred to Committee on Banking and Insurance `referral-committee`
|
||
- **2022-02-23** Committee report: Favorable Banking and Insurance `committee-passage-favorable`
|
||
- **2022-02-24** Scrivener's error corrected
|
||
- **2022-05-05** Read second time `reading-2`
|
||
- **2022-05-05** Roll call Ayes-37 Nays-0
|
||
- **2022-05-10** Read third time and enrolled `passage, reading-3`
|
||
- **2022-05-12** Ratified R 220
|
||
- **2022-05-16** Signed By Governor `executive-signature`
|
||
- **2022-05-31** Effective date 05/16/22
|
||
- **2022-05-31** Act No. 195
|
||
|
||
## Source
|
||
|
||
OpenStates / OpenCivicData bulk snapshot [2026-07-01](https://data.openstates.org/daily/2026-07-01/public.pgdump); origin `ocd-bill/368e757c-8f0e-4eff-812d-265744b608b7`. Confidence: reported (aggregated from official South Carolina legislature records).
|
||
|