S0234Introduced in the Senate
Insurers' Financial Transactions
Introduced by Carlos Smith, District 17
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
Requiring certain insurers to annually provide specified information to the Office of Insurance Regulation; requiring the office to contract annually with a specified entity to conduct a review of certain transactions; prohibiting an insurer from engaging in certain transactions with affiliates; prohibiting an insurer from declaring or paying dividends to shareholders or issuing executive bonuses under certain circumstances, etc.
Where it stands
Died in Banking and Insurance
March 13, 2026
How did lawmakers vote?
No recorded vote is available for this bill yet.
Bill history
Filed
Referred to Banking and Insurance; Appropriations Committee on Agriculture, Environment, and General Government; Fiscal Policy
Introduced
Died in Banking and Insurance
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