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  • Introduced
    Jan 11, 2024
  • Passed Senate
    Feb 15, 2024
  • Passed House
  • Signed into Law
S 957
South Carolina Senate Bill
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A BILL TO AMEND THE SOUTH CAROLINA CODE OF LAWS BY AMENDING SECTION 38-3-150, RELATING TO THE AUTHORITY OF THE DIRECTOR OF THE DEPARTMENT OF INSURANCE OR HIS DESIGNEES TO CONDUCT EXAMINATIONS, INVESTIGATIONS, AND HEARINGS, SO AS TO PROVIDE FOR THE CONFIDENTIALITY OF SUCH INVESTIGATIONS; BY AMENDING SECTION 38-9-200, RELATING TO CONDITIONS FOR ALLOWING REINSURANCE CREDITS, SO AS TO REVISE CERTAIN CONDITIONS; BY AMENDING SECTION 38-13-10, RELATING TO INSURER EXAMINATIONS, SO AS TO PROVIDE SUCH EXAMINATIONS ARE FINANCIAL EXAMINATIONS, TO APPLY THE PROVISIONS TO HEALTH MAINTENANCE ORGANIZATIONS AND OTHER LICENSEES OF THE DEPARTMENT, TO PROVIDE MARKET CONDUCT EXAMINATIONS, AND TO REMOVE OBSOLETE PROVISIONS, AMONG OTHER THINGS; BY AMENDING SECTION 38-13-70, RELATING TO INVESTIGATIONS OF ALLEGED VIOLATIONS, SO AS TO PROVIDE THE DIRECTOR OR HIS DESIGNEES MAY CONDUCT INVESTIGATIONS, TO PROVIDE FOR THE CONFIDENTIALITY OF INVESTIGATIONS, AND TO PROVIDE FINAL ORDERS DISCIPLINING LICENSEES ARE PUBLIC INFORMATION, AMONG OTHER THINGS; AND BY AMENDING SECTION 38-57-130, RELATING TO INSURANCE TRADE PRACTICES, SO AS TO PROVIDE REVISED EXEMPTIONS FROM PROVISIONS PROHIBITING MISREPRESENTATIONS, SPECIAL INDUCEMENTS, AND REBATES IN INSURANCE CONTRACTS.
Last Action See all actions
House • Feb 27, 2024: Referred to Committee on Labor, Commerce and Industry
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  • Feb 27, 2024 | House
    • Introduced and read first time
    • Referred to Committee on Labor, Commerce and Industry
  • Feb 15, 2024 | Senate
    • Read third time and sent to House
  • Feb 14, 2024 | Senate
    • Read second time
    • Roll call Ayes-44 Nays-0
  • Feb 13, 2024 | Senate
    • Committee Amendment Adopted
  • Feb 07, 2024 | legislature
    • Scrivener's error corrected
  • Feb 06, 2024 | Senate
    • Committee report: Favorable with amendment Banking and Insurance
  • Jan 11, 2024 | Senate
    • Introduced and read first time
    • Referred to Committee on Banking and Insurance
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