CS/CS/HB 1163 (2016) -  Insurer Regulatory Reporting

General Bill by Regulatory Affairs Committee and Insurance & Banking Subcommittee and Hager
Insurer Regulatory Reporting: Requires insurer to maintain risk management framework; provides requirements for preparation & submission of an own-risk & solvency assessment summary report; provides exemptions & waivers; requires certain insurers & members of an insurance group to prepare & submit corporate governance annual disclosure; requires initial corporate governance annual disclosure to be submitted to OIR by specified date; authorizes office to require an insurer or insurance group to provide corporate governance annual disclosure; specifies requirements for preparing & annually filing corporate governance annual disclosure; specifies privilege requirements & prohibitions for certain filings & related documents; authorizes OIR to retain third-party consultants for certain purposes; authorizes FSC to adopt rules; revises provisions relating to penalties to conform to act; provides for contingent repeal of act; provides for contingent effect.
Companion Bill passed CS/CS/SB 1422 Insurer Regulatory Reporting By Appropriations and Banking and Insurance and Simmons
Effective Date: October 1, 2016, if CS/CS/HB 1165 or similar legislation is adopted
Last Event: Companion bill(s) passed, see CS/CS/SB 1422 (Ch. 2016-206), CS/CS/SB 1416 (Ch. 2016-205) on Monday, March 7, 2016 1:26 PM; HB Laid on Table

Referred Committees and Committee Actions

House Referrals

Related Bills

Bill # Subject Relationship
Bill #: CS/CS/HB 1165 Subject: Pub. Rec./Office of Insurance Regulation Relationship: Linked
Bill #: CS/CS/SB 1422 Subject: Insurer Regulatory Reporting Relationship: Similar
Bill #: CS/CS/SB 1416 Subject: Public Records/Own-risk and Solvency Assessment/Corporate Governance Annual Disclosure Relationship: Compare

Bill Text

  • Committee Substitute 2
  • Committee Substitute 1
    • A 618609 , Hager (RAC) Date Filed: 02/24/16, Line#: 203 House(c): Adopted Without Objection 02/25/2016 07:32 PM
    • A 215429 , Hager (RAC) Date Filed: 02/24/16, Line#: 290 House(c): Adopted Without Objection 02/25/2016 07:32 PM
    • A 717379 , Hager (RAC) Date Filed: 02/24/16, Line#: 311 House(c): Adopted Without Objection 02/25/2016 07:32 PM
    • A 396383 , Hager (RAC) Date Filed: 02/24/16, Line#: 338 House(c): Adopted Without Objection 02/25/2016 07:32 PM
  • Original Filed Version
    • A 450541 , Hager (IBS) Date Filed: 01/22/16, Line#: 112 House(c): Adopted Without Objection 01/25/2016 08:21 PM
    • A 100275 , Hager (IBS) Date Filed: 01/22/16, Line#: 328 House(c): Adopted Without Objection 01/25/2016 08:21 PM

Staff Analysis

Chamber Committee
Chamber: House Committee: Final Bill Analysis 4/12/2016 1:07:15 PM
Chamber: House Committee: Final Bill Analysis 3/17/2016 8:06:53 AM
Chamber: House Committee: Regulatory Affairs Committee 2/29/2016 10:19:24 AM
Chamber: House Committee: Regulatory Affairs Committee 2/23/2016 5:03:41 PM
Chamber: House Committee: Government Operations Appropriations Subcommittee 2/16/2016 11:29:21 AM
Chamber: House Committee: Government Operations Appropriations Subcommittee 2/15/2016 9:14:36 AM
Chamber: House Committee: Insurance & Banking Subcommittee 1/26/2016 7:45:42 PM
Chamber: House Committee: Insurance & Banking Subcommittee 1/22/2016 2:17:06 PM

Vote History

(No Votes Recorded)

Bill History

Event Time Member Committee Ver.
Event: H Laid on Table; companion bill(s) passed, see CS/CS/SB 1422 (Ch. 2016-206), CS/CS/SB 1416 (Ch. 2016-205) Time: 03/07/2016 - 1:26 PM Member: Committee: Version: c2
Event: H Substituted CS/CS/SB 1422 Time: 03/07/2016 - 1:26 PM Member: Committee: Version: c2
Event: H Bill added to Special Order Calendar (3/7/2016) Time: 03/04/2016 - 6:39 PM Member: Committee: Version: c2
Event: H Added to Second Reading Calendar Time: 03/01/2016 - 11:49 AM Member: Committee: Version: c2
Event: H Bill referred to House Calendar Time: 03/01/2016 - 11:49 AM Member: Committee: Version: c2
Event: H 1st Reading Time: 02/29/2016 - 5:40 PM Member: Committee: Version: c2
Event: H CS Filed Time: 02/29/2016 - 10:23 AM Member: Committee: Version: c2
Event: H Laid on Table under Rule 7.19(a) Time: 02/29/2016 - 10:23 AM Member: Committee: Version: c1
Event: H Reported out of Regulatory Affairs Committee Time: 02/29/2016 - 10:18 AM Member: Committee: Regulatory Affairs Committee Version: c1
Event: H Favorable with CS by Regulatory Affairs Committee Time: 02/25/2016 - 7:32 PM Member: Committee: Regulatory Affairs Committee Version: c1
Event: H Added to Regulatory Affairs Committee agenda Time: 02/23/2016 - 4:21 PM Member: Committee: Regulatory Affairs Committee Version: c1
Event: H Now in Regulatory Affairs Committee Time: 02/16/2016 - 11:32 AM Member: Committee: Regulatory Affairs Committee Version: c1
Event: H Reported out of Government Operations Appropriations Subcommittee Time: 02/16/2016 - 11:32 AM Member: Committee: Government Operations Appropriations Subcommittee Version: c1
Event: H Favorable by Government Operations Appropriations Subcommittee Time: 02/16/2016 - 11:10 AM Member: Committee: Government Operations Appropriations Subcommittee Version: c1
Event: H Added to Government Operations Appropriations Subcommittee agenda Time: 02/12/2016 - 4:18 PM Member: Committee: Government Operations Appropriations Subcommittee Version: c1
Event: H Now in Government Operations Appropriations Subcommittee Time: 01/28/2016 - 6:09 PM Member: Committee: Government Operations Appropriations Subcommittee Version: c1
Event: H Referred to Regulatory Affairs Committee Time: 01/28/2016 - 6:09 PM Member: Committee: Regulatory Affairs Committee Version: c1
Event: H Referred to Government Operations Appropriations Subcommittee Time: 01/28/2016 - 6:09 PM Member: Committee: Government Operations Appropriations Subcommittee Version: c1
Event: H 1st Reading Time: 01/27/2016 - 8:09 PM Member: Committee: Version: c1
Event: H CS Filed Time: 01/27/2016 - 8:35 AM Member: Committee: Version: c1
Event: H Laid on Table under Rule 7.19(a) Time: 01/27/2016 - 8:35 AM Member: Committee: Version: __
Event: H Reported out of Insurance & Banking Subcommittee Time: 01/26/2016 - 7:44 PM Member: Committee: Insurance & Banking Subcommittee Version: __
Event: H Favorable with CS by Insurance & Banking Subcommittee Time: 01/25/2016 - 8:21 PM Member: Committee: Insurance & Banking Subcommittee Version: __
Event: H Added to Insurance & Banking Subcommittee agenda Time: 01/21/2016 - 3:41 PM Member: Committee: Insurance & Banking Subcommittee Version: __
Event: H Now in Insurance & Banking Subcommittee Time: 01/13/2016 - 1:13 PM Member: Committee: Insurance & Banking Subcommittee Version: __
Event: H Referred to Regulatory Affairs Committee Time: 01/13/2016 - 1:13 PM Member: Committee: Regulatory Affairs Committee Version: __
Event: H Referred to Government Operations Appropriations Subcommittee Time: 01/13/2016 - 1:13 PM Member: Committee: Government Operations Appropriations Subcommittee Version: __
Event: H Referred to Insurance & Banking Subcommittee Time: 01/13/2016 - 1:13 PM Member: Committee: Insurance & Banking Subcommittee Version: __
Event: H 1st Reading Time: 01/12/2016 - 8:37 PM Member: Committee: Version: __
Event: H Filed Time: 01/06/2016 - 5:49 PM Member: Hager Committee: Version: __

Statutes Referenced by this Bill

Statute Other Bill Citations
628.8015 CS/CS/SB 1422
628.803 CS/CS/SB 1422