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CS/SB 1190: Insurer Solvency

GENERAL BILL by Banking and Insurance ; Lee

Insurer Solvency; Revising the amount of surplus which must be possessed by insurers applying for an original certificate of authority and to retain a certificate of authority; providing that a health maintenance organization is considered an insurer for purposes of specified provisions of law relating to insolvent insurers, requirements for the directors of domestic insurers, the payment of dividends and distributions of other property by domestic stock insurers, penalties for domestic and mutual stock insurers that illegally pay dividends, and certain restrictions on premiums written, etc.

Effective Date: Except as otherwise provided, this act shall take effect upon becoming a law
Last Action: 5/1/2015 Senate - Died in Appropriations Subcommittee on General Government
Bill Text: Web Page | PDF
Senate Committee References:
  1. Banking and Insurance (BI)
  2. Appropriations Subcommittee on General Government (AGG)
  3. Fiscal Policy (FP)



Bill History

Date Chamber Action
2/23/2015 Senate • Filed
2/27/2015 Senate • Referred to Banking and Insurance; Appropriations Subcommittee on General Government; Fiscal Policy -SJ 115
3/3/2015 Senate • Introduced -SJ 115
3/12/2015 Senate • On Committee agenda-- Banking and Insurance, 03/17/15, 9:00 am, 110 Senate Office Building
3/17/2015 Senate • CS by Banking and Insurance; YEAS 10 NAYS 0 -SJ 221
3/18/2015 Senate • Pending reference review under Rule 4.7(2) - (Committee Substitute)
• CS by Banking and Insurance read 1st time -SJ 224
3/19/2015 Senate • Now in Appropriations Subcommittee on General Government -SJ 221
3/30/2015 Senate • On Committee agenda-- Appropriations Subcommittee on General Government, 04/02/15, 9:00 am, 110 Senate Office Building --Not Considered
4/3/2015 Senate • On Committee agenda-- Appropriations Subcommittee on General Government, 04/08/15, 10:00 am, 110 Senate Office Building --Temporarily Postponed
5/1/2015 Senate • Died in Appropriations Subcommittee on General Government