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Bill

LC 1750

Generally revise insurance laws

2025 Regular Session

LC 1750 sought a comprehensive overhaul of state insurance laws but died in process, leaving no enacted changes or effective reforms.

(LC) Draft Died in Process
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WeVote Research Nonpartisan
Bill Summary · LC 1750

Summary: LC 1750 — Generally revise insurance laws

Overview

LC 1750 is a bill titled “Generally revise insurance laws,” categorized as a general insurance bill. It was introduced on November 20, 2024, with the drafter assigned on that same date. The bill’s status is listed as (LC) Draft Died in Process, and the recorded legislative actions show the draft died in process on May 27, 2025. As a result, no statutes were enacted under this bill.

Purpose and intent

  • The bill’s sole stated purpose appears to be a comprehensive update or overhaul of the state’s insurance statutes. The broad title suggests an effort to modernize, consolidate, or reorganize existing insurance laws to improve clarity, efficiency, and regulatory alignment.

Key provisions (substantive content not provided)

  • The exact text and provisions are not provided in the summary you supplied. Consequently, specific sections, definitions, and requirements cannot be listed.
  • Generally, a broad revision bill of this nature would commonly address areas such as:
    • Regulation of insurers and producers (licensing, qualifications, ongoing compliance)
    • Financial solvency and reporting requirements for insurers
    • Rates, forms, and policy drafting standards
    • Consumer protections and disclosure requirements
    • Market conduct, unfair trade practices, and enforcement mechanisms
    • Administrative procedures and regulatory jurisdiction
    • Definitions and cross-references to align multiple chapters of insurance law
    • Effective dates and transitional provisions

Note: These areas are typical for broad insurance-law revisions, but they are not confirmed contents of LC 1750 without the actual text.

Potential impact (if enacted)

  • Insurers and insurance producers: possible changes in licensing processes, reporting obligations, rate and form filing practices, and compliance requirements.
  • Regulators and state agencies: potential shifts in regulatory framework, enforcement powers, and oversight procedures.
  • Policyholders and consumers: potential enhancements or changes in disclosures, protections, and grievance procedures; impact would depend on the final provisions.
  • Administrative processes: possible need for new forms, updated statutory references, and transitional rules if any provisions would become effective.

Who would be affected

  • Primary: Insurance companies, state insurance regulators, licensed agents/brokers, and insurance consumers.
  • Secondary: Other stakeholders in the insurance marketplace, such as third-party administrators, medical and auto insurers, and indemnity providers, depending on the final scope.

Procedural and timeline notes

  • Introduced: November 20, 2024
  • Drafter Assigned: November 20, 2024
  • Status: Draft Died in Process
  • Last action: May 27, 2025, listed as Draft Died in Process (no further legislative action as of that date)

Bottom line

LC 1750 aimed to comprehensively revise the state’s insurance laws but did not advance beyond the draft stage. Without the actual text, the specific changes remain unknown. The bill’s death means there are no current legal changes stemming from this proposal, though a future reintroduction with substantive provisions could alter the insurance regulatory framework.

Compiled from official sources — confirm details with the bill’s official record.

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