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H1399Introduced in the House

Property Insurance Affiliates

Failed

Introduced by Kimberly Berfield, District 58

What does this bill do?

Plain-English breakdown

Writing a plain-English summary of this bill… this can take a few seconds the first time.

Official description

Requires insurers to provide to OIR documentation demonstrating that financial considerations & payments to affiliates are fair & reasonable; requires office to consider certain factors to determine whether such considerations & payments are fair & reasonable; requires compensation arrangements between insurers & affiliates to be structured as fees for service; requires insurers to submit, & office to review, audited financial statements; requires contracts between insurers & affiliates to contain certain provisions; authorizes office to issue orders restricting fund transfers from insurers to affiliates under certain circumstances; requires affiliates to make certain refunds under certain circumstances; provides authority of office over affiliate dividends; requires affiliates to register with office.

Where it stands

Died in Rules

March 13, 2026

How did lawmakers vote?

HouseStage: House: Third Reading RCS#465 · February 4, 2026

106

Yes

3

No

8

Absent or Not Voting

117 representatives recorded in this House vote. Colors show vote categories only, not whether a vote was good or bad.

See how each representative voted

Bill history

  1. Filed

  2. 1st Reading (Original Filed Version)

  3. Referred to Insurance & Banking Subcommittee

  4. Referred to Commerce Committee

  5. Now in Insurance & Banking Subcommittee

  6. Added to Insurance & Banking Subcommittee agenda

  7. Favorable by Insurance & Banking Subcommittee

  8. Reported out of Insurance & Banking Subcommittee

  9. Now in Commerce Committee

  10. Added to Commerce Committee agenda

  11. Favorable by Commerce Committee

  12. Reported out of Commerce Committee

  13. Bill released to House Calendar

  14. Added to Second Reading Calendar

  15. Bill added to Special Order Calendar (2/4/2026)

  16. Read 2nd time

  17. Added to Third Reading Calendar

  18. Read 3rd time

  19. Passed; YEAS 106, NAYS 3

  20. In Messages

  21. Referred to Rules

  22. Received

  23. Died in Rules

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