Measure Title: RELATING TO INSURANCE.
Report Title: Insurance Code; Captive Insurers; Producers; Trade Name; Third Party Administrators; Surety Bond; Reinsurance Intermediary-Managers; Reinsurers
Description: Amends various provisions of the Insurance Code to update and improve existing provisions. Defines "dormant captive insurance company" and sets out a procedure to apply for the certificate of dormancy. Adds the term "doing business as" to "trade name" statutory references. Clarifies continuing education provider filing requirements. Clarifies reinsurance intermediary-manager filing requirements. Amends the surety bond threshold requirement for third party administrators and clarifies the audited financial statements requirements. Amends the definitions of "controlled unaffiliated business" and "participant" as applied to captive insurance companies. Effective 7/1/3000. (HD1)
Companion:  SB3081
Package: Governor
Current Referral: CPC, FIN
Introducer(s): SAIKI (Introduced by request of another party)
Act:

Sort by Date Status Text
2/16/2024HPassed Second Reading as amended in HD 1 and referred to the committee(s) on FIN with none voting aye with reservations; none voting no (0) and Representative(s) Aiu, Garrett, Perruso, Takayama, Todd excused (5).
2/16/2024HReported from CPC (Stand. Com. Rep. No. 545-24) as amended in HD 1, recommending passage on Second Reading and referral to FIN.
2/13/2024HThe committee on CPC recommend that the measure be PASSED, WITH AMENDMENTS. The votes were as follows: 8 Ayes: Representative(s) Nakashima, Sayama, Amato, Belatti, Hashem, Hussey-Burdick, Onishi, Tam; Ayes with reservations: none; Noes: none; and 3 Excused: Representative(s) Gates, Lowen, Pierick.
2/9/2024HBill scheduled to be heard by CPC on Tuesday, 02-13-24 2:05PM in House conference room 329 VIA VIDEOCONFERENCE.
1/26/2024HReferred to CPC, FIN, referral sheet 3
1/24/2024HIntroduced and Pass First Reading.
1/22/2024HPending introduction.

S = Senate | H = House | D = Data Systems | $ = Appropriation measure | ConAm = Constitutional Amendment

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HB2392 HD1
All Versions of this Measure
HB2392_HD1 Pdf File
HB2392 Pdf File
Committee Reports
HB2392_HD1_HSCR545-24_ Pdf File
Testimony
HB2392_TESTIMONY_CPC_02-13-24_
Hearing Notices
CPC
2/13/24 2:05P
329 VIA VIDEOCONFERENCE
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