5284-S2.E AMH STAN KESL 222
E2SSB 5284 - H AMD TO APP COMM AMD (H-2754.1/19) 679
By Representative Stanford
ADOPTED 04/16/2019
On page 16, line 6 of the striking amendment, after "alarms" insert "and smoke detection devices"
On page 16, line 7 of the striking amendment, after "separate" strike "fire alarm" and insert "rate"
On page 16, beginning on line 11 of the striking amendment, after "if" strike all material through "supported." on line 13 and insert ":
(a) No changes are made to the credits or discounts already in effect prior to the effective date of this section;
(b) It determines that there is no material anticipated change in losses due to the use of such equipment; or
(c) Any potential credit or discount is not actuarially supported."
On page 16, line 16 of the striking amendment, after "alarms" insert "and smoke detection devices"
On page 16, line 22 of the striking amendment, after "section" strike ", "dwelling" and insert ":
(a) "Dwelling"
On page 16, after line 24 of the striking amendment, insert the following:
"(b) "Smoke detection device" or "smoke detection devices" means an assembly incorporating in one unit a device which detects visible or invisible particles of combustion, the control equipment, and the alarm-sounding device, operated from a power supply either in the unit or obtained at the point of installation.
(c) "Fire alarm" or "fire alarms" means any mechanical, electrical or radio-controlled device that is designed to emit a sound or transmit a signal or message when activated or any such device that emits a sound and transmits a signal or message when activated because of smoke, heat or fire."
| EFFECT: Makes the following changes to the insurance rate making process: Adds smoke detection devices to the list of considerations; Allows an insurer to be exempted from filing if no changes are made to the credits or discounts already in effect for fire alarms and smoke detection devices. Defines "smoke detection device(s)" and "fire alarm(s)." |
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