1995-04-18                     Senate Journal                      Page 1065
SB 87                                                                        
                                                                               
CSSB 87(FIN) am                                                                
Effective Date Vote                                                            
                                                                               
YEAS:  19   NAYS:  0   EXCUSED:  1   ABSENT:  0                              
                                                                               
Yeas:  Adams, Donley, Duncan, Ellis, Frank, Green, Halford,                    
Hoffman, Kelly, Leman, Lincoln, Miller, Pearce, Phillips, Rieger,              
Sharp, Taylor, Torgerson, Zharoff                                              
                                                                               
Excused:  Salo                                                                 
                                                                               
and so, the effective date clause was adopted.                                 
                                                                               
Senator Pearce gave notice of reconsideration.                                 
                                                                               
SB 53                                                                        
SENATE BILL NO. 53 "An Act relating to insurance, to the                       
licensing, accreditation, examination, regulation, and solvency of             
persons engaged in the insurance business, including insurers,                 
nonadmitted insurers, purchasing groups, risk retention groups, and            
United States branches of alien insurers; relating to the management           
of and the filing of reports by persons licensed or otherwise doing            
business under the insurance code; amending Alaska Rule of Civil               
Procedure 45; and providing for an effective date" was read the                
second time.                                                                   
                                                                               
Senator Taylor moved and asked unanimous consent for the adoption              
of the Judiciary Committee Substitute offered on page 891.  Without            
objection, 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