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No events on calendar for this bill.
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Ref To Com On Rules, Calendar, and Operations of the HouseHouse | 2023-04-04Passed 1st ReadingHouse | 2023-04-04Regular Message Received From SenateHouse | 2023-04-03Regular Message Sent To HouseSenate | 2023-04-03Passed 3rd ReadingSenate | 2023-03-30Reptd FavSenate | 2023-03-29Re-ref Com On Rules and Operations of the SenateSenate | 2023-03-28Com Substitute AdoptedSenate | 2023-03-28Reptd Fav Com SubstituteSenate | 2023-03-28Re-ref to Commerce and Insurance. If fav, re-ref to Rules and Operations of the SenateSenate | 2023-03-21Withdrawn From ComSenate | 2023-03-21Ref To Com On Rules and Operations of the SenateSenate | 2023-02-20Passed 1st ReadingSenate | 2023-02-20FiledSenate | 2023-02-16
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Passed 2nd ReadingSenate | 2023-03-30 | PASS: 45-0
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COMMERCE
CONSUMER PROTECTION
INSURANCE
PUBLIC
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58 (Chapters); 58-3-149 (Sections)
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No counties specifically cited.
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S123: Certificate of Insurance Clarifications. Latest Version
Session: 2023 - 2024
AN ACT TO PROHIBIT INDIVIDUALS FROM KNOWINGLY PREPARING, ISSUING, REQUESTING, OR REQUIRING A CERTIFICATE OF INSURANCE THAT INCLUDES INFORMATION NOT IN THE UNDERLYING INSURANCE POLICY AND TO CREATE A CIVIL PENALTY FOR ITS VIOLATION.
The General Assembly of North Carolina enacts:
SECTION 1. G.S. 58‑3‑149 reads as rewritten:
§ 58‑3‑149. Certificates of insurance.
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(c) It is unlawful for any person to knowingly prepare, issue, request, or require a certificate of insurance that meets any of the following criteria:
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(4) Includes information not contained in the underlying insurance policy.
(d) Any person not otherwise subject to regulation under Chapter 58 of the General Statutes who prepares, issues, requests, or requires a certificate of insurance that meets the criteria of subdivision (2) or (3) (2), (3), or (4) of subsection (c) of this section is subject to a civil penalty of up to five thousand dollars ($5,000). The clear proceeds of the penalty shall be remitted to the Civil Penalty and Forfeiture Fund in accordance with G.S. 115C‑457.2. Payment of the civil penalty under this section shall be in addition to payment of any other penalty for a violation of the criminal laws of this State.
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SECTION 2. This act becomes effective October 1, 2023.