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IntroducedJan 27, 2025
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Passed SenateFeb 19, 2025
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Passed House
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Signed into Law
A BILL for an Act to create and enact two new sections to chapter 26.1-30, two new sections to chapter 26.1-39, a new section to chapter 26.1-44, and a new subsection to section 26.1-46-03 of the North Dakota Century Code, relating to mandatory arbitration endorsements for property insurance, managed repair programs, civil remedy actions against property insurers, notice of property insurance claims, and surplus lines insurance policies; to amend and reenact sections 26.1-02-05, 26.1-25-02.1, 26.1-25-16, 26.1-26-04.1, 26.1-44-03, 26.1-46-01, 26.1-46-08, and 26.1-46-08.1 of the North Dakota Century Code, relating to exceptions to unauthorized insurance transactions, exceptions for large commercial risks in fire, property, and casualty insurance rates, surplus lines insurance, risk retention groups and purchasing groups, restrictions on insurance purchased by purchasing groups, and purchasing group taxation and fees; to repeal section 26.1-44-03.3 of the North Dakota Century Code, relating to an exemption from search requirements for licensed surplus line producers; and to provide a penalty.
Last Action See all actions
House • Feb 21, 2025: Introduced, first reading, referred to Industry, Business and Labor
Latest Bill Text See all bill texts
Summary/Bill Text
Comments on SB 2374
Tweets
Whip Lists
Sponsors
Votes
Actions
- Feb 21, 2025 | House
- Introduced, first reading, referred to Industry, Business and Labor
- Feb 20, 2025 | House
- Received from Senate
- Feb 19, 2025 | Senate
- Amendment adopted, placed on calendar
- Second reading, passed, yeas 45 nays 2
- Feb 18, 2025 | Senate
- Reported back amended, do pass, amendment placed on calendar 5 0 0
- Feb 17, 2025 | Senate
- Committee Work, Senate Industry and Business, 02/17 10:00 AM, Room Fort Union - Committee Work: Relating to mandatory arbitration endorsements for property insurance, managed repair programs, civil remedy actions against property insurers, notice of property insurance claims, and surplus lines insurance policies; to amend and reenact section 26.1‑02‑05, subsection 2 of section 26.1‑10‑01, and
- Feb 12, 2025 | Senate
- Committee Work, Senate Industry and Business, 02/12 10:00 AM, Room Fort Union - Committee Work: Relating to mandatory arbitration endorsements for property insurance, managed repair programs, civil remedy actions against property insurers, notice of property insurance claims, and surplus lines insurance policies; to amend and reenact section 26.1‑02‑05, subsection 2 of section 26.1‑10‑01, and
- Feb 05, 2025 | Senate
- Bill Hearing, Senate Industry and Business, 02/05 10:00 AM, Room Fort Union - A bill relating to an exemption from search requirements for licensed surplus line producers; and to provide a penalty.
- Committee Hearing 10:00
- Jan 27, 2025 | Senate
- Introduced, first reading, referred to Industry and Business
Documents
- Video - Senate Industry and Business, 02/05 10:01 AM (SB 2374)
- Video - Senate Industry and Business, 02/05 11:08 AM (SB 2374 - Closed Hearing)
- Video - Senate Industry and Business, 02/11 10:51 AM (Committee Work - SB 2374)
- Video - Senate Industry and Business, 02/12 10:01 AM (Committee Work - SB 2374)
- Video - Senate Industry and Business, 02/17 09:53 AM (SB 2374)
- Video - Senate, 02/19 02:21 PM (6th Order - Consideration Of Amendments - SB2374 - Industry and Business - Do Pass)
- Video - Senate, 02/19 02:21 PM (Senator Barta)
- Video - Senate, 02/19 02:28 PM (11th Order - Final Passage Senate Measures - SB2374 - Industry and Business - Do Pass)
- Video - Senate, 02/19 02:29 PM (Senator Barta)
- Video - Senate, 02/19 02:33 PM (11th Order - Final Passage Senate Measures - SB2374 - Industry and Business - Do Pass - Votes Required 24: PASSED - Yea 45 Nay 2 N/V 0 Exc 0)
- Testimony (Neutral) -- John H. Meetz, WSIA (WSIA), Kansas City, MO (Senate Industry and Business, 02/05 10:00 AM)PDF
- Testimony (In Opposition) -- Brooke Kelley, American Property Casualty Insurance Association, Chicago, IL (Senate Industry and Business, 02/05 10:00 AM)PDF
- Testimony (In Favor) -- Jon Godfread, Insurance Commissioner (North Dakota Insurance Department), Bismarck, ND (Senate Industry and Business, 02/05 10:00 AM)PDF
- Testimony (In Opposition) -- Steve Becher, Professional Insurance Agents of ND (Executive Director), (Senate Industry and Business, 02/05 10:00 AM)PDF