Allows DCI to share confidential information with guaranty associations on insolvency matters, amends composition of board members, and suspends plan of operation for association if medical malpractice insurance is available in voluntary market
Reported Do Pass (H)
Summary
HB 3314 would permit the Department of Commerce and Insurance (DCI) to disclose confidential insurance information to guaranty associations for insolvency cases. It also modifies how board members of those associations are appointed and would suspend an association's plan of operation when medical malpractice coverage can be bought in the voluntary market. The measure failed to pass in the House.
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