CS/CS/HB 1163: Insurer Regulatory Reporting
GENERAL BILL by Regulatory Affairs Committee ; Insurance and Banking Subcommittee ; Hager
Insurer Regulatory Reporting; Requires insurer to maintain risk management framework; provides requirements for preparation & submission of an own-risk & solvency assessment summary report; provides exemptions & waivers; requires certain insurers & members of an insurance group to prepare & submit corporate governance annual disclosure; requires initial corporate governance annual disclosure to be submitted to OIR by specified date; authorizes office to require an insurer or insurance group to provide corporate governance annual disclosure; specifies requirements for preparing & annually filing corporate governance annual disclosure; specifies privilege requirements & prohibitions for certain filings & related documents; authorizes OIR to retain third-party consultants for certain purposes; authorizes FSC to adopt rules; revises provisions relating to penalties to conform to act; provides for contingent repeal of act; provides for contingent effect.
Last Action: 3/7/2016 House - Laid on Table, companion bill(s) passed, see CS/CS/SB 1422 (Ch. 2016-206), CS/CS/SB 1416 (Ch. 2016-205) -HJ 885
Bill Text: PDF
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Bill History
Date Chamber Action 1/6/2016 House • Filed
1/12/2016 House • Introduced -HJ 97
1/13/2016 House • Referred to Insurance and Banking Subcommittee; Government Operations Appropriations Subcommittee; Regulatory Affairs Committee -HJ 201
1/21/2016 House • On Committee agenda-- Insurance and Banking Subcommittee, 01/25/16, 12:30 pm, Sumner Hall
1/25/2016 House • CS by Insurance and Banking Subcommittee; YEAS 12 NAYS 0 -HJ 289
1/27/2016 House • Pending review of CS under Rule 7.19(c)
• CS by Insurance and Banking Subcommittee read 1st time -HJ 304
1/28/2016 House • Now in Government Operations Appropriations Subcommittee -HJ 322
2/12/2016 House • On Committee agenda-- Government Operations Appropriations Subcommittee, 02/16/16, 9:30 am, Morris Hall
2/16/2016 House • Favorable by Government Operations Appropriations Subcommittee; YEAS 12 NAYS 0 -HJ 462
• Now in Regulatory Affairs Committee -HJ 462
2/23/2016 House • On Committee agenda-- Regulatory Affairs Committee, 02/25/16, 9:00 am, Sumner Hall
2/25/2016 House • CS/CS by- Regulatory Affairs Committee; YEAS 14 NAYS 0 -HJ 605
2/29/2016 House • Pending review of CS -under Rule 7.19(c)
• CS/CS by Regulatory Affairs Committee read 1st time -HJ 603
3/1/2016 House • Placed on Calendar -HJ 638
3/4/2016 House • Placed on Special Order Calendar, 03/07/16
3/7/2016 House • Substituted CS/CS/SB 1422 -HJ 885
• Laid on Table, companion bill(s) passed, see CS/CS/SB 1422 (Ch. 2016-206), CS/CS/SB 1416 (Ch. 2016-205) -HJ 885
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CS/CS/HB 1163, Committee Substitute 2 (Current Bill Version) Posted 2/29/2016 at 10:23 AM
Bill Text: PDF Analyses: None Related Bills (3)
Bill Number Subject Filed By Relationship Last Action and Location Track Bills H 1165 (c2) Pub. Rec./Office of Insurance Regulation Hager Linked Last Action: 3/7/2016 H Laid on Table, companion bill(s) passed, see CS/CS/SB 1416 (Ch. 2016-205), CS/CS/SB 1422 (Ch. 2016-206) -HJ 885
Location: Laid on TableS 1422 (er) Insurer Regulatory Reporting Simmons Similar Last Action: 4/8/2016 Chapter No. 2016-206, companion bill(s) passed, see CS/CS/SB 1416 (Ch. 2016-205)
Location: Became LawS 1416 (er) Public Records/Own-risk and Solvency Assessment/Corporate Governance Annual Disclosure Simmons Compare Last Action: 4/8/2016 Chapter No. 2016-205, companion bill(s) passed, see CS/CS/SB 1422 (Ch. 2016-206)
Location: Became LawCitations - Statutes (2)
Citation Catchline Location in Bill Location In Bill Help 628.8015 Page 2 (pdf) 628.803 Sanctions. Page 15 (pdf) -
CS/HB 1163, Committee Substitute 1 Posted 1/27/2016 at 8:35 AM
Bill Text: PDF Analyses: Government Operations Appropriations Subcommittee (Post-Meeting) 2/16/2016 (pdf)
Regulatory Affairs Committee (Post-Meeting) 2/29/2016 (pdf)
Related Bills (3)
Bill Number Subject Filed By Relationship Last Action and Location Track Bills H 1165 (c2) Pub. Rec./Office of Insurance Regulation Hager Linked Last Action: 3/7/2016 H Laid on Table, companion bill(s) passed, see CS/CS/SB 1416 (Ch. 2016-205), CS/CS/SB 1422 (Ch. 2016-206) -HJ 885
Location: Laid on TableS 1422 (c1) Insurer Regulatory Reporting Simmons Similar Last Action: 4/8/2016 Chapter No. 2016-206, companion bill(s) passed, see CS/CS/SB 1416 (Ch. 2016-205)
Location: Became LawS 1416 (c2) Public Records/Own-risk and Solvency Assessment/Corporate Governance Annual Disclosure Simmons Compare Last Action: 4/8/2016 Chapter No. 2016-205, companion bill(s) passed, see CS/CS/SB 1422 (Ch. 2016-206)
Location: Became LawCommittee Amendments (4)
Amendment Sponsor Filed Last Committee Action Format 618609 - Amendment
Remove lines 203-209 and insert:Hager 2/24/2016
8:11 PMAdopted without Objection
2/25/2016PDF 215429 - Amendment
Remove lines 290-291 and insert:Hager 2/24/2016
8:12 PMAdopted without Objection
2/25/2016PDF 717379 - Amendment
Remove lines 311-320 and insert:Hager 2/24/2016
8:13 PMAdopted without Objection
2/25/2016PDF 396383 - Amendment
Between lines 338 and 339, insert:Hager 2/24/2016
8:16 PMAdopted without Objection
2/25/2016PDF Citations - Statutes (2)
Citation Catchline Location in Bill Location In Bill Help 628.8015 Page 1 (pdf) 628.803 Sanctions. Page 13 (pdf) -
HB 1163, Original Filed Version Posted 1/6/2016 at 5:49 PM
Bill Text: PDF Analyses: Insurance and Banking Subcommittee (Post-Meeting) 4/12/2016 (pdf)
Related Bills (3)
Bill Number Subject Filed By Relationship Last Action and Location Track Bills H 1165 (c1) Pub. Rec./Office of Insurance Regulation Hager Linked Last Action: 3/7/2016 H Laid on Table, companion bill(s) passed, see CS/CS/SB 1416 (Ch. 2016-205), CS/CS/SB 1422 (Ch. 2016-206) -HJ 885
Location: Laid on TableS 1422 Insurer Regulatory Reporting Simmons Similar Last Action: 4/8/2016 Chapter No. 2016-206, companion bill(s) passed, see CS/CS/SB 1416 (Ch. 2016-205)
Location: Became LawS 1416 Public Records/Own-risk and Solvency Assessment/Corporate Governance Annual Disclosure Simmons Compare Last Action: 4/8/2016 Chapter No. 2016-205, companion bill(s) passed, see CS/CS/SB 1422 (Ch. 2016-206)
Location: Became LawCommittee Amendments (2)
Amendment Sponsor Filed Last Committee Action Format 450541 - Amendment
Remove lines 112-119 and insert:Hager 1/22/2016
6:48 PMAdopted without Objection
1/25/2016PDF 100275 - Amendment
Remove lines 328-329 and insert:Hager 1/22/2016
6:48 PMAdopted without Objection
1/25/2016PDF Citations - Statutes (2)
Citation Catchline Location in Bill Location In Bill Help 628.8015 Page 1 (pdf) 628.803 Sanctions. Page 13 (pdf)