BILL · 2013–14 SESSION · LATEST VERSION SSB 6391
SB 6391: Insurance company solvency
Addressing the financial solvency of insurance companies.
Summary
- Combines provisions under the Health Carrier Holding Company Act, RCW 48.31C, with the provision under the Insurer Holding Company Act, RCW 48.31B;
- Amends current law and adopts substantive provisions of the National Association of Insurance Commissioners (NAIC) Insurer Holding Company Act necessary for accreditation;
- Establishes a framework for insurers to perform own risk and solvency assessments.
From the Senate Bill Report (SB 6391), written by the Legislature's nonpartisan staff. Read the full report ↗
Did not pass Did not pass · stalled on the Senate floor
- IntroducedJan 23, 2014
- Out of committeeFeb 7, 2014
- Passed Senatestopped here
- Passed House
- Governor
- Law
- Prime sponsor
- Joe Fain (R-47)
- Introduced
- January 23, 2014 in the Senate
- Last action
- February 25, 2014
- Requested by
- Other
- Companion bill
- HB 2461
- Budget
- Has a fiscal note
- Versions
- SB 6391, SSB 6391
AN ACT Relating to the financial solvency of insurance companies;
Sponsors
Votes
No recorded floor votes.
History
- Senate Rules "X" file. (SSB 6391)
- Senate Rules "X" file.
- Placed on second reading by Rules Committee. (SSB 6391)
- Placed on second reading by Rules Committee.
- FIHI - Majority; 1st substitute bill be substituted, do pass. (SSB 6391)
- Minority; without recommendation. (SSB 6391)
- Minority; do not pass. (SSB 6391)
- Passed to Rules Committee for second reading. (SSB 6391)
- Minority; do not pass.
- Minority; without recommendation.
- FIHI - Majority; 1st substitute bill be substituted, do pass.
- Passed to Rules Committee for second reading.
- First reading, referred to Financial Institutions, Housing & Insurance.
SB 6391 in other sessions
Bill numbers restart every two years, so the same number is a different bill in each session.
- SB 6391 (2019–20) Abortion statistics
- SB 6391 (2017–18) Opioid oversight system
- SB 6391 (2015–16) Tribe emergency placements
- SB 6391 (2011–12) Insurance comm/study, report
- SB 6391 (2009–10) Motor vehicle franchises
- SB 6391 (2007–08) UW branch campus
- SB 6391 (2005–06) Long-term care settings
- SB 6391 (2003–04) Workers' compensation