Credit For Reinsurance
Summary
Credit For Reinsurance; Adding conditions under which a ceding insurer must be allowed credit for reinsurance; specifying requirements for assuming insurers and reinsurance agreements; authorizing a ceding insurer or its representative that is subject to rehabilitation, liquidation, or conservation to seek a certain court order; authorizing the Office of Insurance Regulation to revoke or suspend an assuming insurer’s eligibility under certain conditions, etc.
Bill status
died
3 of 5 stages cleared
Introduction
Jan 2020
Committee Review
Mar 2020
Senate Passage
Mar 2020
House Passage
Governor
Introduced Jan 14, 2020
Last action Mar 14, 2020
Floor votes
How they voted
This bill passed the Senate by voice vote (no roll call recorded).
Full legislative history
Actions timeline
Total actions
23
Key actions
7
Committee
8
Mar 9, 2020
Committee
Referred to Calendar
lower
Mar 9, 2020
Upper · Passed
Passed; YEAS 38 NAYS 1
upper
Mar 2, 2020
Upper · Passed
Favorable by- Rules; YEAS 17 NAYS 0
upper
Feb 26, 2020
Upper · Passed
On Committee agenda-- Rules, 03/02/20, 12:00 pm, 110 Senate Building
upper
Jan 28, 2020
Upper · Passed
Favorable by Judiciary; YEAS 6 NAYS 0
upper
Jan 23, 2020
Upper · Passed
On Committee agenda-- Judiciary, 01/28/20, 4:00 pm, 110 Senate Building
upper
Jan 21, 2020
Upper · Passed
Favorable by Banking and Insurance; YEAS 8 NAYS 0
upper
Jan 16, 2020
Upper · Passed
On Committee agenda-- Banking and Insurance, 01/21/20, 12:00 pm, 412 Knott Building
upper
Jan 14, 2020
Introduced
Introduced
upper
Jan 13, 2020
Committee
Referred to Banking and Insurance; Judiciary; Rules
upper
1 primary · 0 co-sponsors
Sponsors
Role
Legislator
Party
State
District
P
Doug Broxson
RRepublican
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