SC H3438 | 2009-2010 | 118th General Assembly
Status
Spectrum: Partisan Bill (Republican 2-0)
Status: Engrossed on March 25 2009 - 50% progression, died in committee
Action: 2009-03-25 - Referred to Committee on Banking and Insurance SJ-10
Pending: Senate Banking and Insurance Committee
Status: Engrossed on March 25 2009 - 50% progression, died in committee
Action: 2009-03-25 - Referred to Committee on Banking and Insurance SJ-10
Pending: Senate Banking and Insurance Committee
Summary
A BILL TO AMEND THE CODE OF LAWS OF SOUTH CAROLINA, 1976, BY ADDING SECTIONS 38-9-225 AND 38-9-230 SO AS TO ENACT PROVISIONS REQUIRING CERTAIN INSURERS TO FILE A STATEMENT OF ACTUARIAL OPINION AND ACTUARIAL OPINION SUMMARY ANNUALLY AND PROVIDE FOR THE CONFIDENTIALITY OF THESE DOCUMENTS; TO AMEND SECTION 38-5-120, RELATING TO THE REVOCATION OR SUSPENSION OF LICENSE OF AN INSURER AND ITS OFFICERS AND AGENTS FOR THE PUBLICATION OF THE NOTICE, SO AS TO PROVIDE A PROCEDURE FOR AN AGGRIEVED INSURER TO REQUEST A HEARING BEFORE THE DIRECTOR OR HIS DESIGNEE AND PROVIDE RECOURSE THROUGH JUDICIAL REVIEW; TO AMEND SECTION 38-9-330, RELATING TO THE DEFINITION OF "COMPANY ACTION LEVEL EVENT", SO AS TO REDEFINE THE TERM; AND TO AMEND SECTION 38-21-95, RELATING TO APPROVAL FOR ACQUISITION OF A DOMESTIC INSURER BY A CONTROLLING PRODUCER IN ANOTHER STATE, SO AS TO DELETE THE APPLICABILITY TO FOREIGN PRODUCERS AND CORRECT INCORRECT REFERENCES.
Title
Delete The Applicability To Foreign Producers And Correct Incorrect References.
Sponsors
History
| Date | Chamber | Action |
|---|---|---|
| 2009-03-25 | Referred to Committee on Banking and Insurance SJ-10 | |
| 2009-03-25 | Introduced and read first time SJ-10 | |
| 2009-03-25 | Read third time and sent to Senate HJ-22 | |
| 2009-03-24 | Read second time HJ-31 | |
| 2009-03-05 | Requests for debate-Rep(s). JE Smith, Funderburk, and Kennedy HJ-17 | |
| 2009-03-04 | Committee report: Favorable Labor, Commerce and Industry HJ-59 | |
| 2009-02-04 | Referred to Committee on Labor, Commerce and Industry HJ-13 | |
| 2009-02-04 | Introduced and read first time HJ-13 |
Same As/Similar To
S0301 (Similar To) -
Code Citations
| Chapter | Article | Section | Citation Type | Statute Text |
|---|---|---|---|---|
| 38 | 21 | 95 | (n/a) | See Bill Text |
| 38 | 5 | 120 | (n/a) | See Bill Text |
| 38 | 9 | 225 | (n/a) | See Bill Text |
| 38 | 9 | 230 | (n/a) | See Bill Text |
| 38 | 9 | 330 | (n/a) | See Bill Text |
South Carolina State Sources
| Type | Source |
|---|---|
| Summary | https://www.scstatehouse.gov/cgi-bin/web_bh10.exe?bill1=3438&session=118 |
