Sponsored by: Joint Corporations, Elections and Political Subdivisions Interim Committee
AN ACT relating to insurance; amending the life and health insurance guaranty association act; providing definitions; increasing coverage limits for long term care, disability and health insurance and annuity products; clarifying coverage of nonresidents; providing coverage for structured settlement annuity contracts; repealing distinction between domestic and foreign impaired insurers; providing authority for legal actions and subrogation claims; providing for authorizing, calling and protesting assessments; eliminating notification of noncoverage requirements; providing for applicability; and providing for an effective date.
Note: To view the Bill as prepared for Introduction please click the Bill Number
Link above.
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