Substitute for Raised H.B. No. 5206
Session Year 2018


To (1) authorize the Insurance Commissioner to adopt regulations concerning electronic filing, (2) modify the approval process for proposed domestic insurers, (3) subject fraternal benefit societies to certain requirements of the National Association of Insurance Commissioners' Valuation Manual, (4) authorize the commissioner to prescribe nonforfeiture benefits for contingent deferred annuities, (5) clarify statutory provisions concerning filing fees charged to fraternal benefit societies, (6) specify that both present and former officers of an insurer must cooperate with investigations conducted by the commissioner, (7) modify the duties of insurance agents, and (8) repeal a provision concerning delinquency proceedings.

Introduced by:
Insurance and Real Estate Committee

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Bill History

 Date Action Taken
 4/5/2018(LCO)File Number 233
 4/5/2018House Calendar Number 166
 4/5/2018Favorable Report, Tabled for the Calendar, House
 4/5/2018(LCO)Reported Out of Legislative Commissioners' Office
 3/29/2018(LCO)Referred to Office of Legislative Research and Office of Fiscal Analysis 04/04/18 5:00 PM
 3/21/2018(LCO)Filed with Legislative Commissioners' Office
 3/20/2018(INS)Joint Favorable Substitute
 2/23/2018Public Hearing 02/27
 2/22/2018Referred to Joint Committee on Insurance and Real Estate

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