This bill streamlines the process for state regulators to examine insurance companies and issue findings. It establishes clear timelines and procedures: examiners must file reports within 60 days, companies get 30 days to respond, and the director has 30 days to review everything and issue a final order—either adopting the report, ordering a new examination, or holding a hearing if needed.
Signed by the Governor S.J. 186
Delivered to the Governor S.J. 145
Signed by the Speaker H.J. 174
Signed by the President S.J. 128
House of Representatives Do Pass Passed, YEAS 70, NAYS 0. H.J. 97
Commerce and Energy Do Pass Passed, YEAS 12, NAYS 0.
Commerce and Energy Scheduled for hearing
First read in House and referred to House Commerce and Energy H.J. 61
Senate Do Pass Passed, YEAS 34, NAYS 0. S.J. 60
Commerce and Energy Certified uncontested, placed on consent
Commerce and Energy Do Pass Passed, YEAS 9, NAYS 0.
Commerce and Energy Scheduled for hearing
First read in Senate and referred to Senate Commerce and Energy S.J. 13
Do Pass
Commerce and Energy — Do Pass
Do Pass
Commerce and Energy — Do Pass