2015-09-10                     Senate Journal                      Page 1437
SB 107                                                                                                                        
Message was received stating the Governor signed the following bill                                                             
on June 10 and transmitted the engrossed and enrolled copies to the                                                             
Lieutenant Governor's Office for permanent filing:                                                                              
                                                                                                                                
       SENATE BILL NO. 107 "An Act relating to                                                                                  
       insurance; relating to risk based capital for domestic                                                                   
       insurers and fraternal benefit societies, including                                                                      
       provisions related to insurers subject to risk based                                                                     
       capital and action level event requirements; relating                                                                    
       to review by the director of insurance of an insurer's                                                                   
       risk based capital plan; relating to confidentiality and                                                                 
       sharing of certain information submitted to the                                                                          
       director of insurance; relating to evaluating an                                                                         
       insurance holding company and the acquisition of                                                                         
       control of or merger with a domestic insurer; relating                                                                   
       to risk based capital, risk management, and own risk                                                                     
       and solvency assessments of insurers; clarifying                                                                         
       provisions related to risk based capital plans; relating                                                                 
       to exemptions by the director of insurance for certain                                                                   
       domestic and casualty insurers from risk based                                                                           
       capital requirements; relating to insurance holding                                                                      
       companies, including filing requirements, divestiture,                                                                   
       content of statements, notifications, and hearings;                                                                      
       relating to registration requirements of insurers;                                                                       
       relating to transactions within an insurance holding                                                                     
       company system or transactions involving a                                                                               
       domestic insurer; relating to management and                                                                             
       examination of domestic insurers that are part of an                                                                     
       insurance holding company system; adding                                                                                 
       provisions relating to participation by the director of                                                                  
       insurance in a supervisory college; relating to civil                                                                    
       and criminal penalties for violations by insurers and                                                                    
       individuals; relating to provisions for risk                                                                             
       management and own risk and solvency assessments                                                                         

2015-09-10                     Senate Journal                      Page 1438
       by insurers; relating to operating requirements for                                                                      
       controlling insurance producers; relating to producer-                                                                   
       controlled insurers; adding and amending definitions                                                                     
       related to insurers; and providing for an effective                                                                      
       date."                                                                                                                   
                                                                                                                                
                          Chapter 34, SLA 2015                                                                                 
                         Effective Date: 7/1/15