Summary of the Bill
The Bill attempts to update, clarify and consolidate existing law and guidance about what insurance companies might reasonably expect their customers to tell them when they apply for insurance. The Bill is based on proposals from the Law Commission and the Scottish Law Commission and has support from the Financial Services Authority, the Financial Ombudsman and from the insurance industry.
NB: [HL] denotes that the Bill was introduced into the House of Lords before being considered by the House of Commons.
Progress of the Bill
The Consumer Insurance (Disclosure and Representation) Bill [HL] was introduced into the House of Lords on 16 May 2011 and completed all its stages. The Bill was introduced into the House of Commons on 17 January 2012 and was sent to a Second Reading Committee for consideration on 31 January 2012. The Bill recieved second reading on 6 February 2012 and was considered in a Public Bill Committee on 22 February 2012.
The report stage and third reading took place on 6 March 2012. The Bill has passed all its Commons stages and will be sent to the House of Lords for further consideration.
Keep up to date with all the proceedings and documentation, including amendment papers, on the Consumer Insurance (Disclosure and Representation) Bill [HL]. Also find out how a Bill becomes an Act of Parliament.
House of Commons Library analysis
The House of Commons Library produce briefing papers to inform MPs of key issues. The Library published a briefing paper for second reading.
Report stage proceedings
MPs considered in the following order; New Clause 1 and amendment 1.
New Clause 1 relates to review of the impact of the Act on availability and cost of consumer insurance and was read a first time, considered a second time and by leave, withdrawn.
Amendment 1 relates to Clause 2 of the Bill (disclosure and representation before contract or variation) was considered and by leave, withdrawn.
The Bill recieved its third reading without a division and the Bill will now be sent to the House of Lords for further consideration.
Watch and read the proceedings on report stage and third reading and the views expressed by MPs on Parliament TV and in Commons Hansard.
Report stage and third reading
The report stage gives MPs an opportunity, on the floor of the House, to consider further amendments (proposals for change) to a Bill which has been examined in committee.
There is no set time period between the end of committee stage and the start of the report stage.
What happens at report stage?
All MPs may speak and vote, for lengthy or complex Bills the debates may be spread over several days. All MPs can suggest amendments to the Bill or new clauses (parts) they think should be added.
What happens after report stage?
Report stage is usually followed immediately by debate on the Bill's third reading.
What happens at third reading?
Debate on the Bill is usually short, and limited to what is actually in the Bill, rather than, as at second reading, what might have been included.
Amendments (proposals for change) cannot be made to a Bill at third reading in the Commons.
At the end of the debate, the House decides (votes on) whether to approve the third reading of the Bill.
What happens after third reading?
If the Bill started in the Commons it goes to the House of Lords for its first reading. If the Bill started in the Lords it will return to the House of Lords for consideration of any amendments the Commons have made.