Prohibiting insurance companies from using environmental, social and governance criteria in the process of writing contracts of insurance, indemnity or suretyship, authorizing the attorney general or the county attorney or district attorney where a violation occurred to enforce such prohibition and providing a civil penalty for violations thereof.
Selected quotes
An insurance company shall not use environmental, social and governance criteria to give preferential treatment to or to discriminate against a company or person as it relates to the availability and costs of contracts of insurance, indemnity or suretyship. [...] "Environmental, social and governance criteria" means any criterion that gives preferential treatment or discriminates based on whether a company meets or fails to meet one or more of the following criteria: [...] (H) facilitating or assisting or not facilitating or assisting employees in obtaining abortions or gender reassignment services;
Legislative Session
2023-2024 Regular Session
Sponsors
No sponsors available.
History
Date | Action |
---|---|
2024-04-30 | Senate Died in Committee |
2024-02-15 | Senate Referred to Committee on Financial Institutions and Insurance |
2024-02-14 | Senate Introduced |