HB 1518 (Truly Agreed) | Allows life insurance companies to use their most recent assets statement when filing with Department of Insurance |
HB 1518 - This act allows life insurance companies to use
their most recent annual statement of assets and capital in their
filings with the Department of Insurance regarding their
investments and the assets and capital supporting those
investments. Current law requires the insurer to use the
statement for the year preceding the year in which the investment
was made.
STEPHEN WITTE