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House Bill 1226

House Bill 1226

ARCHIVE (2012)

Latest Information

DIGEST OF HB 1226 (Updated March 6, 2012 4:14 pm - DI 84)

Insurance matters. Makes various changes to the insurance law, including the law concerning: (1) derivatives transactions; (2) life insurance company filing requirements; (3) insurance producer education; (4) insurer response to department of insurance requests; (5) notice of individual health insurance market withdrawal; (6) confidentiality of information concerning certain insurer filings; (7) insurance holding company regulation; (8) health maintenance organization risk based capital requirements; (9) material transaction reports; (10) credit for reinsurance; (11) external review of health coverage determinations; and (12) bail and recovery agent licensing. Provides for deposit of new civil penalties in the department of insurance fund. Removes obsolete provisions. Makes conforming amendments.
Current Status:
Law Enacted
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