AB318

AB318

Revises Provisions Relating to Captive Insurers. (BDR 57-884)

AN ACT relating to insurance; authorizing a captive insurer to directly provide workers' compensation insurance; authorizing the Commissioner of Insurance to authorize or require certain captive insurers to join or contribute financially to an assigned risk pool or insurance insolvency guaranty fund; revising provisions setting forth certain prerequisites before a private carrier may provide industrial insurance; and providing other matters properly relating thereto.

Sponsors

Legislative History

1. 2025-02-27

   Read first time. Referred to Committee on Commerce and Labor. To printer.

2. 2025-02-28

   From printer. To committee.

3. 2025-04-23

   (Pursuant to Joint Standing Rule No. 14.3.2, no further action allowed.)

Recorded Roll Calls

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Hearing History

Bill Text & Documents

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0000-00-00 · Introduced View source document ↗