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Glossary of Legislative Terms

HB 1235: Captive Insurance

GENERAL BILL by Nunez

Captive Insurance; Expands kinds of insurance for which captive insurer may seek licensure; limits risks that certain captive insurers may insure; specifies requirements & conditions relating to captive insurer's authority to conduct business; requires that before licensure certain captive insurers must file or submit to Commissioner of Insurance Regulation specified information, documents, & statements; requires captive insurance company to file evidence with commissioner relating to financial condition & quality of management & operations of company, etc.

Effective Date: 7/1/2011
 Last Action: 5/7/2011 House - Died in Insurance and Banking Subcommittee
Bill Text: Web Page | PDF

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  • Bill History

    Date Chamber Action
    3/4/2011 House • Filed
    3/8/2011 House • Introduced -HJ 110
    3/14/2011 House • Referred to Insurance and Banking Subcommittee; Rulemaking and Regulation Subcommittee; Government Operations Appropriations Subcommittee; Economic Affairs Committee -HJ 220
    5/7/2011 House • Indefinitely postponed and withdrawn from consideration
    • Died in Insurance and Banking Subcommittee

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  • HB 1235, Original Filed Version (Current Bill Version) Posted 3/4/2011 at 1:51 PM

    Bill Text:   Web Page | PDF
    Analyses:   None

    Related Bills (2)

    Bill Number Subject Filed By Relationship Last Action and Location Track Bills
    S 1252 (c2) Insurance Smith Compare Last Action: 5/2/2011 S Laid on Table, companion bill(s) passed, see CS/HB 1087 (Ch. 2011-174) -SJ 673
    Location: Laid on Table     		Track This Bill
    S 1836 (c2) Insurance Diaz de la Portilla Compare Last Action: 5/7/2011 S Died in Budget, companion bill(s) passed, see CS/HB 1087 (Ch. 2011-174)
    Location: In committee/council (BC)     		Track This Bill

    Citations - Statutes (20)

    Citation Catchline Location in Bill Location In Bill Help
    628.901 “Captive insurer” defined. Page 5 (pdf)
    628.905 Licensing; authority. Page 11 (pdf)
    628.907 Minimum capital and surplus. Page 17 (pdf)
    628.908 Page 21 (pdf)
    628.909 Applicability of other laws. Page 24 (pdf)
    628.910 Page 25 (pdf)
    628.911 Reports and statements. Page 30 (pdf)
    628.912 Page 31 (pdf)
    628.913 Reinsurance. Page 32 (pdf)
    628.914 Page 33 (pdf)
    628.9141 Page 34 (pdf)
    628.9142 Page 35 (pdf)
    628.9143 Page 36 (pdf)
    628.918 Page 36 (pdf)
    628.919 Page 36 (pdf)
    628.920 Page 37 (pdf)
    628.921 Page 41 (pdf)
    628.922 Page 42 (pdf)
    628.923 Page 44 (pdf)
    628.924 Page 44 (pdf)

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