WA People
BILL · 1993–94 SESSION · LATEST VERSION ESSB 5191

SB 5191: Impaired/insolvent insurers

Regulating impaired or insolvent life and disability insurers.

Summary

  • The Washington Life and Disability Insurance Guaranty Association (WLDIGA) may assume or guarantee the performance of contractual obligations of an impaired life or disability insurer. An insurer is impaired if: (1) the Insurance Commissioner deems that an insurer is potentially unable to fulfill its contractual obligations, or (2) the insurer is placed under an order of rehabilitation or conservation.

From the Senate Bill Report (SB 5191), written by the Legislature's nonpartisan staff. Read the full report ↗

Did not pass Did not pass · stalled on the Senate floor
  1. IntroducedJan 15, 1993
  2. Out of committeestopped here
  3. Passed Senate
  4. Passed House
  5. Governor
  6. Law
Prime sponsor
Ray Moore (D-36)
Introduced
January 15, 1993 in the Senate
Last action
March 17, 1993
Budget
Has a fiscal note
Versions
SB 5191, ESSB 5191

Sponsors

Prime sponsor: Ray Moore (D-36)

1 co-sponsor (1 Democrat, 0 Republicans)

Margarita Prentice D-11

Votes

Senate · Final Passage

March 16, 1993
Version voted on: ESSB 5191
23 Yea 26 Nay 0 Absent 0 Excused
PartyYeaNayAbsentExcused
Democrat23500
Republican02100
How each member voted
Permalink to this vote

History

The Legislature's online data doesn't include step-by-step history for sessions before 2001. Its final status is shown above, and the official bill page may have more.

SB 5191 in other sessions

Bill numbers restart every two years, so the same number is a different bill in each session.

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