Legislature(2011 - 2012)

2011-03-09 House Journal

Full Journal pdf

2011-03-09                     House Journal                      Page 0408
HB 164                                                                                                                        
The Labor & Commerce Committee considered:                                                                                      
                                                                                                                                
    HOUSE BILL NO. 164                                                                                                          
    "An Act relating to insurance; relating to health care insurance,                                                           
    exemption of certain insurers, reporting, notice, and record-                                                               
    keeping requirements for insurers, biographical affidavits,                                                                 
    qualifications of alien insurers assuming ceded insurance, risk-                                                            
    based capital for insurers, insurance holding companies, licensing,                                                         
    federal requirements for nonadmitted insurers, surplus lines                                                                
    insurance, insurance fraud, life insurance policies and annuity                                                             
    contracts, rate filings by health care insurers, long-term care                                                             
    insurance, automobile service corporations, guaranty fund                                                                   
    deposits of a title insurer, joint title plants, delinquency                                                                
    proceedings, fraternal benefit societies, multiple employer welfare                                                         
    arrangements, hospital and medical service corporations, and                                                                
    health maintenance organizations; and providing for an effective                                                            
    date."                                                                                                                      
                                                                                                                                
and recommends it be replaced with:                                                                                             
                                                                                                                                
    CS FOR HOUSE BILL NO. 164(L&C)                                                                                              
    "An Act relating to health care insurance, exemption of certain                                                             
    insurers, reporting, notice, and record-keeping requirements for                                                            
    insurers, biographical affidavits, qualifications of alien insurers                                                         

2011-03-09                     House Journal                      Page 0409
    assuming ceded insurance, risk-based capital for insurers,                                                                  
    insurance holding companies, licensing, federal requirements for                                                            
    nonadmitted insurers, surplus lines insurance, insurance fraud, life                                                        
    insurance policies and annuity contracts, rate filings by health care                                                       
    insurers, long-term care insurance, automobile service                                                                      
    corporations, guaranty fund deposits of a title insurer, joint title                                                        
    plants, fraternal benefit societies, multiple employer welfare                                                              
    arrangements, hospital and medical service corporations, health                                                             
    maintenance organizations, and alternate forms of payment to                                                                
    policyholders; and providing for an effective date."                                                                        
                                                                                                                                
The report was signed by Representative Olson, Chair, with the                                                                  
following individual recommendations:                                                                                           
                                                                                                                                
Do pass (4):  Thompson, Holmes, Miller, Olson                                                                                   
                                                                                                                                
No recommendation (2):  Chenault, Johnson                                                                                       
                                                                                                                                
The following fiscal note(s) apply to CSHB 164(L&C):                                                                            
                                                                                                                                
1.  Zero, Dept. of Commerce, Community, & Economic Development                                                                  
                                                                                                                                
HB 164 was referred to the Finance Committee.