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CS/CS/SB 1422: Insurer Regulatory Reporting

GENERAL BILL by Appropriations ; Banking and Insurance ; Simmons

Insurer Regulatory Reporting; Requiring an insurer to maintain a risk management framework; requiring certain insurers and insurance groups to conduct an own-risk and solvency assessment; requiring certain insurers and members of an insurance group to prepare and submit a corporate governance annual disclosure; requiring the initial corporate governance annual disclosure to be submitted to the Office of Insurance Regulation by a specified date, etc.

Effective Date: 10/1/2016
Last Action: 4/8/2016 - Chapter No. 2016-206, companion bill(s) passed, see CS/CS/SB 1416 (Ch. 2016-205)
Bill Text: Web Page | PDF
Senate Committee References:
  1. Banking and Insurance (BI)
  2. Appropriations Subcommittee on General Government (AGG)
  3. Appropriations (AP)



Bill History

Date Chamber Action
1/6/2016 Senate • Filed
1/14/2016 Senate • Referred to Banking and Insurance; Appropriations Subcommittee on General Government; Appropriations -SJ 189
• Introduced -SJ 189
1/21/2016 Senate • On Committee agenda-- Banking and Insurance, 01/26/16, 9:00 am, 110 Senate Office Building
1/26/2016 Senate • CS by Banking and Insurance; YEAS 10 NAYS 0 -SJ 246
1/27/2016 Senate • Pending reference review under Rule 4.7(2) - (Committee Substitute)
• CS by Banking and Insurance read 1st time -SJ 254
1/28/2016 Senate • Now in Appropriations Subcommittee on General Government -SJ 246
2/8/2016 Senate • On Committee agenda-- Appropriations Subcommittee on General Government, 02/11/16, 10:00 am, 110 Senate Office Building
2/11/2016 Senate • Subcommittee Recommendation: CS/CS by Appropriations Subcommittee on General Government; YEAS 5 NAYS 0 -SJ 425
2/15/2016 Senate • Now in Appropriations -SJ 425
2/22/2016 Senate • On Committee agenda-- Appropriations, 02/25/16, 10:00 am, 412 Knott Building
2/25/2016 Senate • CS/CS by- Appropriations; YEAS 17 NAYS 0 -SJ 497
2/29/2016 Senate • Pending reference review -under Rule 4.7(2) - (Committee Substitute)
• Placed on Calendar, on 2nd reading -SJ 497
• Placed on Special Order Calendar, 03/02/16
3/1/2016 Senate • CS/CS by Appropriations read 1st time -SJ 508
3/2/2016 Senate • Retained on Special Order Calendar
3/3/2016 Senate • Read 2nd time -SJ 600
• Amendment(s) adopted (166730) -SJ 600
• Ordered engrossed -SJ 600
• Placed on 3rd reading
3/4/2016 Senate • Read 3rd time -SJ 712
• CS passed as amended; YEAS 38 NAYS 0 -SJ 712
3/4/2016 House • In Messages
• Referred to Calendar -HJ 835
• Placed on Special Order Calendar, 03/07/16
• Received -HJ 835
3/7/2016 House • Read 2nd time -HJ 884
• Substituted for CS/CS/HB 1163 -HJ 885
• Placed on 3rd reading
3/8/2016 House • Read 3rd time -HJ 916
• CS passed; YEAS 117 NAYS 0 -HJ 916
3/8/2016 Senate • Ordered enrolled -SJ 838
3/25/2016 • Signed by Officers and presented to Governor
4/8/2016 • Approved by Governor
• Chapter No. 2016-206, companion bill(s) passed, see CS/CS/SB 1416 (Ch. 2016-205)