,i #aae? ,,congress #b;d ,session ,h4 ,r4 #dhhe ,,9 ,,! ,,h\se ,,( ,,repres5tatives ,janu>y #be1 #bjah,mr4 ,takano 7= himself1 ,mr4 ,gonzalez ( ,texas1 ,ms4 ,roybal-,all>d1 ,ms4 ,norton1 ,ms4 ,bass1 ,ms4 ,jackson ,lee1 & ,mrs4 ,watson ,coleman7 introduc$ ! foll[+ bill2 :i* 0 ref]r$ to ! ,committee on ,f9ancial ,s]vices ,a ,,bill ,to require ! ,f$]al ,insurance ,(fice ( ! ,dep>tm5t ( ! ,treasury to conduct a /udy to id5tify disp>ities betwe5 communities 9 auto insurance co/s & pay\t am\nts bas$ on ! pr$om9ant racial makeup ( su* communities1 & = o!r purposes4 #a4 ,%ort title ,?is ,act may be cit$ z ! ,fair ,auto ,insurance ,ratemak+ ,report+ to ,all[ a ,transp>5t ,evaluation ( ,/ati/ics ,act ( #bjah or ! ,,fair ,,rates ,act ( #bjah4 #b4 ,data call 7a7 ,9 g5]al ,pursuant to ! au?ority "u section #cac7;e7 ( title #ca1 ,unit$ ,/ates ,code1 ! ,director ( ! ,f$]al ,insurance ,(fice %all collect f cov]$ automobile insur]s1 aggregat$ on a c5sus tract level basis bas$ on ! place ( g>ag+ ( ! insur$ vehicle1 in=mation = ea* ( ! ?ree accid5t or cal5d> ye>s1 z applicable1 mo/ rec5tly complet$ z ( ! date ( ! enactm5t ( ?is ,act1 reg>d+ private pass5g] automobile insurance z ! ,director consid]s necess>y to prep>e ! report requir$ "u section #c1 :i* %all include ! foll[+ in=mation = ea* su* ye>3 7#a7 ,company "n ,! "n ( ! insurance cov]age = ! vehicle4 7#b7 ,exp]i5ce ye> ,! exp]i5ce ye> = premiums & exposures4 7#c7 ,c5sus tract ,! c5sus tract ( ! place ( g>ag+ ( ! insur$ vehicle4 7#d7 ,paid loss adju/m5t exp5ses ,total paid loss adju/m5t exp5ses1 report$ by accid5t ye>4 7#e7 ,incurr$ loss adju/m5t exp5ses ,total incurr$ loss adju/m5t exp5ses plus case res]ves1 report$ by accid5t ye>4 7#f7 ,c\nt ( claims record$ ,! numb] ( claims report$ = ea* cov]age or type ( loss1 includ+ claims t includ$ paym5t & claims t did n include paym5t4 7#g7 ,c\nt ( claims clos$ ,! numb] ( claims clos$ = ea* cov]age or type ( loss1 includ+ claims t 7 clos$ t includ$ paym5t & claims t 7 clos$ t did n include paym5t4 7#h7 ,cov]age type ,! type ( cov]age provid$1 includ+ liability1 p]sonal injury protection1 collision1 compreh5sive1 & un9sur$ motori/ bodily injury4 7#i7 ,premium ,writt5 ,total premium writt51 report$ by cov]age type4 7#aj7 ,premium e>n$ ,total premium e>n$1 report$ by cov]age type4 7#aa7 ,exposure writt5 ,total exposures writt51 report$ by cov]age type4 7#ab7 ,exposure e>n$ ,total exposures e>n$1 report$ by cov]age type4 7b7 ,me?od & tim+ ( collection 7#a7 ,f ,f$]al or /ate ag5cy ,n lat] ?an ! expiration ( ! #f-mon? p]iod beg9n+ on ! date ( ! enactm5t ( ?is ,act1 ! ,director %all det]m9e :e!r all ( ! in=mation requir$ to be collect$ "u subsection 7a7 c be obta9$ 9 ! mann] provid$ "u ! fir/ s5t5ce ( section #cac7;e77#d7 ( title #ca1 ,unit$ ,/ates ,code1 9 a timely mann]4 ,if ! ,director det]m9es t all su* in=mation is available1 & may be obta9$ by su* mann] 9 a timely mann]1 ! ,director %all s obta9 all su* in=mation4 7#b7 ,f int]m$i>y ,if ! ,director det]m9es "u p>agraph 7#a7 t all ( ! in=mation requir$ to be collect$ "u subsection 7a7 _c be obta9$ 9 ! mann] provid$ "u ! fir/ s5t5ce ( section #cac7;e77#d7 ( title #ca1 ,unit$ ,/ates ,code1 & 9 a timely mann]1 ! ,director %all provide t cov]$ automobile insur]s %all submit any su* in=mation t is n s obta9able ?r\gh-- 7,a7 an appropriate int]m$i>y1 includ+ ! ,national ,association ( ,insurance ,commission]s2 or 7,b7 o!r appropriate int]m$i>ies1 includ+ advisory organizations & /ati/ical ag5ts lic5s$ by ,/ate insurance regulatory au?orities4 7#c7 ,f cov]$ automobile insur]s ,if ! ,director has n receiv$ all ( ! in=mation requir$ to be collect$ "u subsection 7a7 be=e ! expiration ( ! #ab-mon? p]iod beg9n+ on ! date ( ! enactm5t ( ?is ,act1 be=e ! expiration ( ! #ah-mon? p]iod beg9n+ ^u su* date ( enactm5t1 ! ,director %all collect f cov]$ automobile insur]s1 9 accordance ) ! p5ultimate s5t5ce ( section #cac7;e77#d7 ( title #ca1 ,unit$ ,/ates ,code1 any su* in=mation n s receiv$4 #c4 ,/udy 7a7 ,9 g5]al ,! ,director %all conduct a /udy1 us+ ! in=mation collect$ pursuant to section #b & any o!r appropriate in=mation available1 to comp>e private pass5g] automobile insurance premium co/s & claims paym5t am\nts to id5tify any disp>ities 9 su* premium co/s & claims paym5t am\nts betwe5 cov]age = automobiles g>ag$ 9 c5sus tracts & areas hav+ a majority ( resid5ts :o are racial m9orities & cov]age = automobiles g>ag$ 9 c5sus tracts & areas hav+ a majority ( resid5ts :o are n racial m9orities4 ,n lat] ?an ! expiration ( ! #bd-mon? p]iod beg9n+ on ! date ( ! enactm5t ( ?is ,act1 ! ,director %all submit to ! ,congress a report conta9+ ! analysis1 f9d+s1 & conclusions ( ! /udy "u ?is section4 7b7 ,availability ( in=mation ,^u submitt+ ! report to ! ,congress pursuant to subsection 7a71 ! ,director %all make publicly available all in=mation collect$ pursuant to section #b & all o!r in=mation us$ 9 ! conduct+ ! /udy "u ?is section1 except t any in=mation made publicly available may n conta9 any p]sonally id5tifiable in=mation reg>d+ insur$s "u private pass5g] automobile insurance = :i* su* in=mation is collect$4 #d4 ,def9itions ,= purposes ( ?is ,act1 ! foll[+ def9itions %all apply3 7#a7 ,cov]$ automobile insur] ,! t]m cov]$ automobile insur] means an insur] t-- 7,a7 has a /atutory surplus attributable to private pass5g] automobile insurance cov]age1 z ( ,decemb] #ca1 #bjaf1 9 an am\nt t exce$s #ejj1jjj1jjj2 & 7,b7 annually collects m ?an #ejj1jjj1jjj 9 premiums = private pass5g] automobile insurance cov]age4 7#b7 ,director ,! t]m ,director means ! ,director ( ! ,f$]al ,insurance ,(fice ( ! ,dep>tm5t ( ! ,treasury4