HB2102
Insurance regulation; corporate governance annual disclosures.
Summary
As Introduced. Insurance regulation; corporate governance annual disclosures.
Requires each insurer domiciled in the Commonwealth, or the insurance group of which the insurer is a member, to submit to the State Corporation Commission (SCC) a Corporate Governance Annual Disclosure (CGAD). The CGAD is a confidential report containing material information related to an insurer or insurance group's internal operations ... (More) that permits the SCC to gain an understanding of the insurer's or insurance group's corporate governance structure, policies, and practices,. The measure sets out requirements for completing and submitting a CGAD with the SCC and provides for the confidential treatment of the CGAD and related information. The measure has a delayed effective date of January 1, 2018. (Less)-
Bill History
- 01/10/2017 - House: Prefiled and ordered printed; offered 01/11/17 17101534D
- 01/10/2017 - House: Referred to Committee on Commerce and Labor
- 01/15/2017 - House: Impact statement from SCC (HB2102)
- 01/24/2017 - House: Reported from Commerce and Labor (21-Y 0-N)
- 01/26/2017 - House: Read first time
- 01/27/2017 - House: Read second time and engrossed
- 01/30/2017 - House: Read third time and passed House BLOCK VOTE (98-Y 0-N)
- 01/30/2017 - House: VOTE: BLOCK VOTE PASSAGE (98-Y 0-N)
- 01/31/2017 - Senate: Constitutional reading dispensed
- 01/31/2017 - Senate: Referred to Committee on Commerce and Labor
- 02/13/2017 - Senate: Reported from Commerce and Labor (13-Y 0-N)
- 02/15/2017 - Senate: Constitutional reading dispensed (40-Y 0-N)
- 02/16/2017 - Senate: Read third time
- 02/16/2017 - Senate: Passed Senate (39-Y 0-N)
- 02/16/2017 - Senate: Reconsideration of Senate passage agreed to by Senate (40-Y 0-N)
- 02/16/2017 - Senate: Passed Senate (40-Y 0-N)
- 02/20/2017 - House: Enrolled
- 02/20/2017 - House: Bill text as passed House and Senate (HB2102ER)
- 02/20/2017 - House: Signed by Speaker
- 02/21/2017 - Senate: Signed by President
- 02/21/2017 - House: Enrolled Bill communicated to Governor on 2/21/17
- 02/21/2017 - Governor: Governor's Action Deadline Midnight, March 27, 2017
- 02/22/2017 - House: Impact statement from SCC (HB2102ER)
- 03/20/2017 - Governor: Approved by Governor-Chapter 643 (effective 1/1/18)
- 03/20/2017 - Governor: Acts of Assembly Chapter text (CHAP0643)
