HB 1235: Captive Insurance
GENERAL BILL by Nunez
Captive Insurance; Expands kinds of insurance for which captive insurer may seek licensure; limits risks that certain captive insurers may insure; specifies requirements & conditions relating to captive insurer's authority to conduct business; requires that before licensure certain captive insurers must file or submit to Commissioner of Insurance Regulation specified information, documents, & statements; requires captive insurance company to file evidence with commissioner relating to financial condition & quality of management & operations of company, etc.
Effective Date: 7/1/2011
Last Action: 5/7/2011 House - Died in Insurance and Banking Subcommittee
Bill Text: Web Page | PDF
Last Action: 5/7/2011 House - Died in Insurance and Banking Subcommittee
Bill Text: Web Page | PDF
Bill History
| Date | Chamber | Action |
|---|---|---|
| 3/4/2011 | House |
• Filed |
| 3/8/2011 | House |
• Introduced -HJ 110 |
| 3/14/2011 | House |
• Referred to Insurance and Banking Subcommittee; Rulemaking and Regulation Subcommittee; Government Operations Appropriations Subcommittee; Economic Affairs Committee -HJ 220 |
| 5/7/2011 | House |
• Indefinitely postponed and withdrawn from consideration • Died in Insurance and Banking Subcommittee |
