Legislature(1995 - 1996)
1995-05-11 Senate JournalFull Journal pdf
1995-05-11 Senate Journal Page 1732 SB 53 Message of May 8 was read, stating the House passed and returned for consideration 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 1995-05-11 Senate Journal Page 1733 SB 53 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" with the following amendments: HOUSE CS FOR CS FOR SENATE BILL NO. 53(L&C) am H "An Act relating to insurance; amending Alaska Rule of Civil Procedure 45; and providing for an effective date." (title change authorized by HOUSE CONCURRENT RESOLUTION NO. 20) Senator Halford moved that the Senate concur in the House amendment. The question being: "Shall the Senate concur in the House amendment to CS FOR SENATE BILL NO. 53(JUD)?" The roll was taken with the following result: HCS CSSB 53(L&C) am H Shall the Senate concur in the House amendment to CSSB 53(JUD)? YEAS: 4 NAYS: 15 EXCUSED: 1 ABSENT: 0 Yeas: Green, Kelly, Salo, Torgerson Nays: Adams, Duncan, Ellis, Frank, Halford, Hoffman, Leman, Lincoln, Miller, Pearce, R.Phillips, Rieger, Sharp, Taylor, Zharoff Excused: Donley and so, the Senate failed to concur in the House amendment. See page 1737.