2008 House Bill 2689 (Authorize limited "file and use" insurance regulations )

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• Introduced in the House on January 25, 2008, to update the instructions and forms Kansas insurance companies must use uses in preparing financial reports to the state. The bill would require use of the 2007 model instructions published by the National Association of Insurance Commissioners in December 2007.
  • Referred to the House Insurance and Financial Institutions Committee on January 28, 2008.
    • Reported in the House on February 14, 2008.
• Passed in the House (122 to 0) on February 19, 2008, to update the instructions and forms Kansas insurance companies must use uses in preparing financial reports to the state. [Vote Details and Comments]
• Received in the Senate on February 19, 2008.
  • Referred to the Senate Financial Institutions and Insurance Committee on February 20, 2008.
    • Reported in the Senate on March 26, 2008.
  • Amendment offered by Sen. Ruth Teichman on March 28, 2008, to authorize expedited "file and use" procedures for insurance companies, allowing a firm to begin using a higher rate at the same time it files for regulatory approval of the rate, as long as the increase is less than 12 percent in aggregate terms. The amendment passed in the Senate by voice vote on March 28, 2008.
• Passed in the Senate (36 to 3) on March 28, 2008, to authorize expedited "file and use" procedures for insurance companies, allowing a firm to begin using a higher rate at the same time it files for regulatory approval of the rate, as long as the increase is less than 12 percent in aggregate terms. The bill would also update the instructions and forms Kansas insurance companies must use uses in preparing financial reports to the state. [Vote Details and Comments]
• Received in the House on March 31, 2008.
  • Motion by Rep. Nile Dillmore on March 31, 2008, to not approve the Senate-passed version of the bill and to not attempt to work out the two chambers' differences. The motion failed in the House (56 to 66) on March 31, 2008. [Vote Details and Comments]
  • Motion by Rep. Clark Shultz on March 31, 2008, to not approve the Senate-passed version of the bill, but to send the bill to a conference committee to work out the two chambers' differences. The motion passed in the House by voice vote on March 31, 2008.
• Passed in the House (77 to 48) on April 30, 2008, on a motion to approve the Senate version of the bill, thereby making any further conference committee negotiations unnecessary. This constitutes final action on the bill and it is now sent to the Governor for her consideration. [Vote Details and Comments]
• Signed by Gov. Kathleen Sebelius on May 13, 2008.

Comments

Introduced in the House on January 25, 2008. Passed in the House (122 to 0) on February 19, 2008. New Comment