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H.B. No. 0011 |
Insurance Holding Company System Regulatory Act. |
Sponsored By: Joint Corporations, Elections and Political Subdivisions Interim Committee
AN ACT relating to insurance holding companies; providing for use of supervisory colleges to assess insurance holding company risks; providing for approval of applications for divestiture; providing for submission of additional financial information; providing for consolidated hearings with other state insurance commissioners; providing for disclaimers of affiliation; providing for confidentiality as specified; providing for rules and regulations; providing definitions; providing penalties; and providing for an effective date.
11/28/2012 Bill Number Assigned
1/8/2013 H Received for Introduction
1/8/2013 H Introduced and Referred to H07
1/14/2013 H07 Recommended Amend and Do Pass
ROLL CALL
Ayes: Representative(s) Blikre, Byrd, Greene, Kirkbride, Paxton, Petroff and Zwonitzer, Dn.
Excused: Representative(s) Berger and Gay
Ayes 7 Nays 0 Excused 2 Absent 0 Conflicts 0
1/14/2013 H Placed on General File
HB0011HS001/ADOPTED
Page 4-line 11 After "26‑2‑113(d)(i)," insert "26‑2‑121(m),".
Page 5-line 22 After "agrees" insert "in writing".
Page 6-After line 2 Insert:
"26‑2‑121. Examinations; report; contents.
(m) All working papers, recorded information, documents and copies thereof produced by, obtained by or disclosed to the commissioner or any other person in the course of an examination made under W.S. 26‑2‑116 through 26‑2‑124, or in the course of analysis by the commissioner of the financial condition or market conduct of a company, shall be given confidential treatment and are not subject to subpoena and shall not be made public by the commissioner or any other person, except to the extent provided in subsections (j) and (k) of this section.".
Page 10-line 23 Delete "Such" insert "The".
Page 21-line 2 Delete "such".
Page 26-line 9 Strike "such" insert "the".
Page 27-line 4 Delete "such" insert "this".
Page 28-After line 23 Insert:
"(b) Neither the commissioner nor any person who received documents, materials or other information while acting under the authority of the commissioner or with whom the documents, materials or other information are shared pursuant to this act shall be permitted or required to testify in any private civil action concerning any confidential documents, materials or information subject to subsection (a) of this section.".
Page 29-line 1 Delete "(b)" insert "(c)".
Page 29-line 9 Delete "(c)" insert "(d)".
Page 29-line 10 Delete "may" insert "shall".
Page 29-line 13 Delete "that" insert "which".
Page 30-line 17 Delete "(d)" insert "(e)".
Page 30-line 23 Delete "(e)" insert "(f)".
Page 31-line 5 Delete "(f)" insert "(g)". BLIKRE, VICE CHAIRMAN
1/14/2013 H Passed CoW
1/15/2013 H Passed 2nd Reading
1/16/2013 H Passed 3rd Reading
ROLL CALL
Ayes: Representative(s) Baker, Barlow, Blake, Blevins, Blikre, Brown, Burkhart, Byrd, Campbell, Cannady, Coleman, Connolly, Davison, Eklund, Esquibel, K., Filer, Freeman, Gay, Gingery, Goggles, Greene, Halverson, Harshman, Harvey, Hunt, Hutchings, Jaggi, Kasperik, Kirkbride, Kroeker, Krone, Larsen, Lockhart, Loucks, Lubnau, Madden, McKim, Miller, Moniz, Nicholas, B., Northrup, Patton, Paxton, Petroff, Piiparinen, Reeder, Semlek, Sommers, Stubson, Teeters, Throne, Wallis, Walters, Watt, Wilson, Winters, Zwonitzer, Dn. and Zwonitzer, Dv.
Nays: Representative(s) Greear
Excused: Representative(s) Berger
Ayes 58 Nays 1 Excused 1 Absent 0 Conflicts 0
1/18/2013 S Received for Introduction
1/25/2013 S Introduced and Referred to S07
2/7/2013 S07 Recommended Amend and Do Pass
ROLL CALL
Ayes: Senator(s) Case, Hines, Johnson, Nutting and Scott
Ayes 5 Nays 0 Excused 0 Absent 0 Conflicts 0
2/7/2013 S Placed on General File
HB0011SS001/ADOPTED (TO ENGROSSED COPY)
Page 18-line 14 Delete "is responsible for and". CASE, CHAIRMAN
2/8/2013 S Passed CoW
2/11/2013 S Passed 2nd Reading
2/12/2013 S Passed 3rd Reading
ROLL CALL
Ayes: Senator(s) Anderson, JD S02, Anderson, JL S28, Barnard, Bebout, Burns, Case, Christensen, Coe, Cooper, Craft, Dockstader, Driskill, Emerich, Esquibel, F., Geis, Hastert, Hicks, Hines, Johnson, Landen, Meier, Nicholas, P., Nutting, Perkins, Peterson, Ross, Rothfuss, Schiffer, Scott and Von Flatern
Ayes 30 Nays 0 Excused 0 Absent 0 Conflicts 0
2/12/2013 H Received for Concurrence
2/13/2013 H Did Concur
ROLL CALL
Ayes: Representative(s) Baker, Barlow, Berger, Blake, Blevins, Brown, Burkhart, Byrd, Campbell, Cannady, Coleman, Connolly, Eklund, Esquibel, K., Filer, Freeman, Gingery, Goggles, Greear, Greene, Harshman, Harvey, Hunt, Jaggi, Kasperik, Kirkbride, Kroeker, Krone, Larsen, Lockhart, Loucks, Lubnau, Madden, Miller, Moniz, Nicholas, B., Northrup, Patton, Paxton, Petroff, Piiparinen, Semlek, Sommers, Stubson, Teeters, Throne, Walters, Watt, Wilson, Winters, Zwonitzer, Dn. and Zwonitzer, Dv.
Nays: Representative(s) Blikre, Davison, Halverson, Hutchings, McKim and Reeder
Excused: Representative(s) Gay and Wallis
Ayes 52 Nays 6 Excused 2 Absent 0 Conflicts 0
2/13/2013 Assigned Number HEA No. 0033
2/13/2013 H Speaker Signed HEA No. 0033
2/13/2013 S President Signed HEA No. 0033
2/15/2013 Governor Signed HEA No. 0033
2/19/2013 Assigned Chapter Number
Chapter No. 0057 Session Laws of Wyoming 2013