AB318Introduced in the Assembly
Revises provisions relating to captive insurers. (BDR 57-884)
Introduced by Melissa Hardy, District 22
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
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.
Where it stands
(Pursuant to Joint Standing Rule No. 14.3.2, no further action allowed.)
April 23, 2025
How did lawmakers vote?
No recorded vote is available for this bill yet.
Bill history
Read first time. Referred to Committee on Commerce and Labor. To printer.
From printer. To committee.
(Pursuant to Joint Standing Rule No. 14.3.2, no further action allowed.)
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