Authorizes a proposed increase or decrease in a rate for certain kinds and lines of insurance to be implemented pending approval or disapproval by the Commissioner of Insurance.

AN ACT relating to insurance; authorizing an insurer to implement a proposed increase or decrease in a rate for certain kinds and lines of insurance while the proposal is pending approval or disapproval by the Commissioner of Insurance; setting forth certain requirements applicable in the event that such a proposal is ultimately disapproved; and providing other matters properly relating thereto.