Insurance market analyses; confidentiality. (HB336)
Introduced By
Sen. Jennifer McClellan (D-Richmond)
Progress
✓ |
Introduced |
✓ |
Passed Committee |
✓ |
Passed House |
✓ |
Passed Senate |
✓ |
Signed by Governor |
☐ |
Became Law |
Description
Insurance market analyses; confidentiality. Establishes that (i) market analyses concerning insurance companies and obtained from the National Association of Insurance Commissioners, (ii) all market analyses generated by the State Corporation Commission, (iii) working papers, recorded information, and documents generated in the course of a market analysis or market conduct action, and (iv) documents or information received in the course of a market analysis or market conduct action from the NAIC, a law-enforcement official of any state or country, or regulatory officials of any state or country that are confidential in those jurisdictions shall receive confidential treatment by the Commission, shall not be subject to subpoena, and are not public records. The measure also requires the Commission to consider the results of market analyses in determining the nature, scope, and frequency of insurance company examinations. Finally, the measure provides that procedures for market conduct examinations shall be subject to provisions regarding confidentiality of ancillary information and immunity from liability. Read the Bill »
Outcome
History
Date | Action |
---|---|
01/04/2008 | Committee |
01/04/2008 | Prefiled and ordered printed; offered 01/09/08 080013400 |
01/04/2008 | Referred to Committee on Commerce and Labor |
01/15/2008 | Reported from Commerce and Labor (22-Y 0-N) (see vote tally) |
01/17/2008 | Read first time |
01/18/2008 | Read second time and engrossed |
01/21/2008 | Read third time and passed House BLOCK VOTE (96-Y 0-N) |
01/21/2008 | VOTE: BLOCK VOTE PASSAGE (96-Y 0-N) (see vote tally) |
01/21/2008 | Communicated to Senate |
01/22/2008 | Impact statement from SCC (HB336) |
01/22/2008 | Constitutional reading dispensed |
01/22/2008 | Referred to Committee on Commerce and Labor |
01/23/2008 | Constitutional reading dispensed |
01/23/2008 | Referred to Committee on Commerce and Labor |
02/18/2008 | Reported from Commerce and Labor (15-Y 0-N) |
02/20/2008 | Constitutional reading dispensed (40-Y 0-N) |
02/21/2008 | Read third time |
02/21/2008 | Passed Senate (39-Y 0-N) |
02/21/2008 | Reconsideration of Senate passage agreed to by Senate (39-Y 0-N) |
02/21/2008 | Passed Senate (40-Y 0-N) (see vote tally) |
02/25/2008 | Enrolled |
02/25/2008 | Bill text as passed House and Senate (HB336ER) |
02/25/2008 | Signed by Speaker |
02/26/2008 | Signed by President |
02/27/2008 | Impact statement from SCC (HB336ER) |
03/04/2008 | G Approved by Governor-Chapter 247 (effective 7/1/08) |
03/04/2008 | G Approved by Governor-Chapter 250 (effective 7/1/08) |
03/04/2008 | G Approved by Governor-Chapter 249 (effective 7/1/08) |
03/06/2008 | G Acts of Assembly Chapter text (CHAP0249) |