HB 2091
financial surveillance fund; insurer examinations
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- Passed House
- Passed Senate
- To Governor
- Became Law
Bill overview
This bill establishes a financial surveillance fund to help the Arizona Department of Insurance examine the financial health of insurance companies. Insurers with larger total admitted assets will be assessed annual fees to support the hiring of financial analysts who will assist in monitoring insurer solvency and compliance. The fund is a special state fund and its revenues are continuously appropriated, ensuring ongoing funding for these surveillance activities.
Sponsors
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Primary sponsor
David Livingston
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