HB1159 — Insurance - Property and Casualty Insurance - Minimum Acceptable Loss Ratio and Premium Refunds

HB1159 — Insurance - Property and Casualty Insurance - Minimum Acceptable Loss Ratio and Premium Refunds · Informed CitizenryThis bill establishes a minimum acceptable property and casualty loss ratio of 85% for insurers. The property and casualty loss ratio is defined as the insurer's incurred claims for the year divide…Open in Informed Citizenry