04/07/1994 03:00 PM House L&C

  The next order of business was HB 534 - OMNIBUS INSURANCE                    
  REFORM.  Chairman Hudson invited Dave Walsh, Director of the                 
  Division of Insurance, Department of Commerce and Economic                   
  Development (DCED), to testify.                                              
                                                                               
  Number 525                                                                   
                                                                               
  DAVE WALSH, Director, Division of Insurance, DCED, testified                 
  in support of Version E of HB 534.  Mr. Walsh explained that                 
  the current committee substitute now includes all the                        
  amendments adopted at the last committee hearing.                            
                                                                               
  Number 540                                                                   
                                                                               
  REPRESENTATIVE MULDER asked Mr. Walsh if he has received any                 
  negative feedback from the insurance community.                              
                                                                               
  Number 547                                                                   
                                                                               
  MR. WALSH responded that the division's criteria for                         
  something to be included in the bill was that it be non                      
  controversial.                                                               
                                                                               
  Number 550                                                                   
                                                                               
  REPRESENTATIVE GREEN stated he appreciated the extra time                    
  Mr. Walsh spent with him in his office regarding HB 534.                     
                                                                               
  Number 565                                                                   
                                                                               
  CHAIRMAN HUDSON asked that the record reflect that the vice                  
  chair carry it on the House floor.                                           
                                                                               
  Number 573                                                                   
                                                                               
  REPRESENTATIVE PORTER moved that CSHB 534 (L&C), with the                    
  accompanying zero fiscal note, be passed out of committee                    
  with individual recommendations.  Hearing no objection, it                   
  was so ordered.