Bill Text | History of Actions | Background | Title |
Description: Annual and quarterly statements of insurance companies; revise requirements for filing.
Bill Text: [Introduced]
| 1 | 01/17 (S) Referred To Insurance | |
| 2 | 02/01 (S) Died In Committee |
| Effective date | July 1, 2005 | |
| Disposition | Dead | |
| Deadline | General Bill/Constitutional Amendment | |
| Revenue | No | |
| Vote type required | Majority |
Senate Committee:
Principal Author: Kirby
Code Sections: A 083-0005-0053, A 083-0005-0055, A 083-0005-0069
Title: AN ACT TO AMEND SECTION 83-5-53, MISSISSIPPI CODE OF 1972, TO PROVIDE THAT THE COMMISSIONER OF INSURANCE SHALL MAKE AVAILABLE TO INSURANCE COMPANIES THE BLANK FORMS NECESSARY FOR THEIR REQUIRED STATEMENTS OF FINANCIAL CONDITION; TO AMEND SECTION 83-5-55, MISSISSIPPI CODE OF 1972, TO REQUIRE THAT EVERY INSURANCE COMPANY SHALL FILE WITH THE COMMISSIONER OF INSURANCE A QUARTERLY STATEMENT SHOWING THE BUSINESS STANDING AND FINANCIAL CONDITION OF THE COMPANY FOR THAT QUARTER; TO AMEND SECTION 83-5-69, MISSISSIPPI CODE OF 1972, TO PROVIDE PENALTIES FOR ANY INSURANCE COMPANY THAT NEGLECTS TO MAKE AND FILE ITS QUARTERLY STATEMENT; AND FOR RELATED PURPOSES.
End Of Document
2005/html/History/SB/SB2815.htm