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CS/CS/SB 1622: Insurance

GENERAL BILL by Fiscal Policy ; Banking and Insurance ; Trumbull ; (CO-INTRODUCERS) Perry

Insurance; Revising the entities for which the Office of Insurance Regulation is required to conduct market conduct examinations; beginning on a specified date, requiring insurers and insurer groups to file a specified supplemental report on a monthly basis; revising the requirements for public housing authority self-insurance funds; revising the procedure for persons to organize as a domestic reciprocal insurer; providing that a domestic reciprocal insurer may seek a certificate of authority only under certain circumstances, etc.

Effective Date: Except as otherwise expressly provided in this act and except for this section, which shall take effect upon this act becoming a law, this act shall take effect July 1, 2024
Last Action: 3/6/2024 Senate - Laid on Table, companion bill(s) passed, see CS/CS/HB 1611 (Ch. 2024-182) -SJ 867
Bill Text: Web Page | PDF



Bill History

Date Chamber Action
1/5/2024 Senate • Filed
1/11/2024 Senate • Referred to Banking and Insurance; Appropriations Committee on Agriculture, Environment, and General Government; Fiscal Policy
• Introduced
1/24/2024 Senate • On Committee agenda-- Banking and Insurance, 01/29/24, 1:30 pm, 412 Knott Building
1/29/2024 Senate • CS by Banking and Insurance; YEAS 8 NAYS 0
1/30/2024 Senate • Pending reference review under Rule 4.7(2) - (Committee Substitute)
• Now in Appropriations Committee on Agriculture, Environment, and General Government
2/1/2024 Senate • CS by Banking and Insurance read 1st time
2/5/2024 Senate • On Committee agenda-- Appropriations Committee on Agriculture, Environment, and General Government, 02/08/24, 2:00 pm, 110 Senate Building
2/8/2024 Senate • Favorable by Appropriations Committee on Agriculture, Environment, and General Government; YEAS 9 NAYS 0
• Now in Fiscal Policy
2/12/2024 Senate • On Committee agenda-- Fiscal Policy, 02/15/24, 12:00 pm, 412 Knott Building --Temporarily Postponed
2/22/2024 Senate • On Committee agenda-- Fiscal Policy, 02/27/24, 9:00 am, 412 Knott Building
2/27/2024 Senate • CS/CS by- Fiscal Policy; YEAS 18 NAYS 0
2/28/2024 Senate • Pending reference review -under Rule 4.7(2) - (Committee Substitute)
• Placed on Calendar, on 2nd reading
• Placed on Special Order Calendar, 03/01/24
• CS/CS by Fiscal Policy read 1st time
3/1/2024 Senate • Retained on Special Order Calendar -SJ 606
3/4/2024 Senate • Retained on Special Order Calendar -SJ 656
3/5/2024 Senate • Retained on Special Order Calendar -SJ 733
3/6/2024 Senate • Read 2nd time -SJ 866
• Substituted CS/CS/HB 1611 -SJ 867
• Laid on Table, companion bill(s) passed, see CS/CS/HB 1611 (Ch. 2024-182) -SJ 867