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CS/HB 837: Insurer Insolvency

GENERAL BILL by Insurance and Banking Subcommittee ; Raburn

Insurer Insolvency; Revises Insurers Rehabilitation & Liquidation Act; revises notice requirements, court jurisdiction, filing requirements, procedures, & defenses of delinquency proceedings; authorizes receiver & DFS, as domiciliary receiver, to perform certain functions; provides delinquency procedures for specified large deductible claims under certain workers' compensation policies; provides certain persons of insolvent insurers are discharged & have no further authority over affairs or assets of insurer; revises priority of claims.

Effective Date: 7/1/2017
Last Action: 3/24/2017 House - On Committee agenda-- Government Operations and Technology Appropriations Subcommittee, 03/28/17, 8:00 am, Morris Hall
Location: On agenda (GOT)
Bill Text: PDF



Bill History

Date Chamber Action
2/15/2017 House • Filed
2/23/2017 House • Referred to Insurance and Banking Subcommittee; Government Operations and Technology Appropriations Subcommittee; Commerce Committee -HJ 83
3/7/2017 House • Introduced -HJ 93
3/10/2017 House • On Committee agenda-- Insurance and Banking Subcommittee, 03/14/17, 2:00 pm, Sumner Hall
3/14/2017 House • CS by Insurance and Banking Subcommittee; YEAS 15 NAYS 0 -HJ 384
3/16/2017 House • Pending review of CS under Rule 7.18(c)
• CS by Insurance and Banking Subcommittee read 1st time -HJ 380
3/20/2017 House • Now in Government Operations and Technology Appropriations Subcommittee -HJ 394
3/24/2017 House • On Committee agenda-- Government Operations and Technology Appropriations Subcommittee, 03/28/17, 8:00 am, Morris Hall