1995-05-07                     House Journal                      Page 1952
HB 328                                                                       
Representative Masek gave notice of reconsideration of her vote on             
HB328.  The reconsideration was later taken up.                                
                                                                               
                                                                               
                        SECOND READING OF SENATE BILLS                       
                                                                               
SB 53                                                                        
The following was read the second time:                                        
                                                                               
CS FOR SENATE BILL NO. 53(JUD)                                                
"An Act relating to regulation of risk retention or purchasing                
groups; to preemption of the regulation of insurance agents and                
insurance producers; to the general powers of the director of the              
division of insurance; to insurance examination hearings; to insurer           
certificates of authority; to annual and quarterly statements, taxes,          
and prohibited acts of insurers; to reinsurance credit allowed a               
domestic insurer; to risk based capital for insurers; to insurer assets        
and liabilities; to insurer investments; to insurance holding                  
companies; to regulation, licensing, examination, and trade                    
practices of insurance producers, managing general agents,                     
third-party administrators, brokers, independent adjusters, and                
reinsurance intermediary managers; to surplus lines insurance; to              
criminal insurance acts; to premium increases in automobile                    
insurance; to insurance rating; to assigned risk pools; to filing and          
approval of certain insurance policy forms; to required insurance              
coverage for acupuncture, nurse midwives' services,                            
mammography, and phenylketonuria; to health insurance provided                 
by small employers; to transfer of an insurer's status as a domestic           
insurer; to quarterly statements of benevolent associations, fraternal         
benefit societies, and health maintenance organizations; to                    
reciprocal insurers; to the definition of 'member insurer' for                 
purposes of the Alaska Life and Disability Insurance Guaranty                  
Association; to electronic insurance data transfer and insurance               
funds transfer; to the definitions of 'managing general agent' and             
'person' applicable to insurance law; to automobile assigned risk              
plans; placing a person employed by the division of insurance as               
an actuary or assistant actuary into the exempt service; amending              
Alaska Rule of Civil Procedure 45; and providing for an effective              
date."