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IntroducedJan 09, 2026
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Passed House
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Passed Senate
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Became Law
Property Insurance Affiliates ; Requires insurers to provide to OIR documentation demonstrating that financial considerations & payments to affiliates are fair & reasonable; requires office to consider certain factors to determine whether such considerations & payments are fair & reasonable; requires compensation arrangements between insurers & affiliates to be structured as fees for service; requires insurers to submit, & office to review, audited financial statements; requires contracts between insurers & affiliates to contain certain provisions; authorizes office to issue orders restricting fund transfers from insurers to affiliates under certain circumstances; requires affiliates to make certain refunds under certain circumstances; provides authority of office over affiliate dividends; requires affiliates to register with office.
Summary
Comments on HB 1399
Tweets
Whip Lists
Sponsors
Votes
Actions
- Jan 09, 2026 | House
- Filed
Bill Texts
Documents

