S.F. No. 0036

Insurance-publications requirements.

Sponsored By:        Senator(s) Case and Representative(s) Byrd and Stubson

AN ACT relating to insurance; providing for publication of summary annual financial statements on the department of insurance website; amending requirements for publication of summary annual statements and certificates; and providing for an effective date.

12/19/2012  Bill Number Assigned

1/8/2013    S Received for Introduction

1/9/2013    S Introduced and Referred to S07

1/24/2013   S07 Recommended Do Pass

ROLL CALL

Ayes:  Senator(s) Case, Hines, Johnson, Nutting and Scott

Ayes 5 Nays 0 Excused 0 Absent 0 Conflicts 0

1/24/2013   S Placed on General File

SF0036SW001/ADOPTED

Page 1-line 3           After "website;" delete balance of line and insert "amending requirements for publication of summary annual statements and certificates;".

Page 1-line 4           Delete "publication of the same;".

Page 1-line 9           After "(iii)" insert "and (c)".

Page 2-line 10          Delete, insert and renumber:

      "(c)  Insofar as is possible The commissioner shall distribute the publications equally among the newspapers located in this state.  supply a list of all insurers that have filed an annual statement to each newspaper of general circulation within the state that meets the requirements of a legal newspaper pursuant to W.S. 18‑3‑519.  The newspapers shall then publish the list annually.  The list shall include each company's national association of insurance commissioners number and a corresponding rating that reflects the company's financial strength as determined by one or more of the industry standard insurance rating companies.  The cost of publication shall be shared equally among the companies on the list.".

Page 2-line 12          Delete "3" insert "2".  SCOTT

1/25/2013   S Passed CoW

SF0036S2001/ADOPTED

Page 2-line 10          Delete the Scott Committee of the Whole Amendment (SF0036SW001/A) to this line and further amend as follows:  delete, insert and renumber:     

"(c)  Insofar as is possible The commissioner shall distribute the publications equally among the newspapers located in this state.  supply a list of all insurers that have filed an annual statement to each newspaper of general circulation within the state that meets the requirements of a legal newspaper pursuant to W.S. 18‑3‑519.  The newspapers shall then publish the list annually.  The list shall include each company's national association of insurance commissioners number.  The publication shall include the names of any companies that were suspended or revoked within the previous year.  The publication shall also include a description of how to access more information about companies using the official department website.  The cost of publication shall be shared equally among the companies on the list.".  SCOTT

SF0036S2002/ADOPTED

Page 2-line 12          Delete "July 1, 2013." insert "immediately upon completion of all acts necessary for a bill to become law as provided by Article 4, Section 8 of the Wyoming Constitution.".  SCOTT

1/28/2013   S Passed 2nd Reading

SF0036S3001/ADOPTED     (CORRECTED COPY)

Page 1-line 9           Delete the Scott Committee of the Whole Amendment (SF0036SW001/A) to this line and further amend as follows:  after "(iii)" insert "(c) and by creating a new subsection (d)".

Page 2-line 10          After the Scott Second Reading Amendment (SF0036S2001/A) to this line, insert:

"(d)  For disability insurance, the commissioner may require inclusion in the publication required by subsection (c) of this section data relating to the quality and availability of insurance, which may include but is not limited to the number and geographic dispersion of policies, area of service and value of policies sold within Wyoming for disability insurance.  The commissioner shall cause the information for companies selling disability insurance to be published at a time convenient to the open enrollment period, which may be different from the time for publishing the information for other insurance companies.  Both publications shall also include a description of how to access more information about companies using the official department website and the publication for disability companies may include information about how to access additional information on companies selling disability insurance.".  SCOTT, SCHIFFER

SF0036S3002/FAILED

In the Scott Third Reading Amendment (SF0036S3001/A), at the end of subsection (d) created by that amendment, insert "Company contact information, as determined by the commissioner, shall be published a total of three (3) times per year, including any publications otherwise required by this paragraph."  MEIER

1/29/2013   S Passed 3rd Reading

ROLL CALL

Ayes:  Senator(s) Anderson, JD S02, Anderson, JL S28, Barnard, Bebout, Burns, Case, Cooper, Craft, Emerich, Esquibel, F., Hastert, Hicks, Hines, Johnson, Landen, Nicholas, P., Nutting, Peterson, Ross, Rothfuss, Schiffer, Scott and Von Flatern

Nays:  Senator(s) Christensen, Coe, Driskill, Geis, Meier and Perkins

Conflicts:  Senator(s) Dockstader

Ayes 23 Nays 6 Excused 0 Absent 0 Conflicts 1

1/30/2013   H Received for Introduction

1/31/2013   H Introduced and Referred to H07

2/7/2013    H07 Recommended Do Pass

ROLL CALL

Ayes:  Representative(s) Berger, Blikre, Byrd, Gay, Greene, Kirkbride, Paxton, Petroff and Zwonitzer, Dn.

Ayes 9 Nays 0 Excused 0 Absent 0 Conflicts 0

2/7/2013    H Placed on General File

SF0036HW001/ADOPTED     (TO ENGROSSED COPY)

Page 1-line 3           After "website;" delete balance of the line and insert "repealing provisions for newspaper publication of the same;".

Page 1-line 4           Delete the line through "certificates;".

Page 1-line 9           After "(iii)" delete balance of the line.

Page 1-line 10          Delete the line through "(d)".

Page 2-lines 11 through 23    Delete entirely.

Page 3-lines 1 through 20     Delete entirely and insert:

      "Section 2.  W.S. 26‑3‑126(c) is repealed.".

Page 4-line 1           Delete "2" insert "3".  ZWONITZER, DN.

2/14/2013   H Passed CoW

SF0036H2001/ADOPTED     (TO ENGROSSED COPY)

Page 1-line 3           After "website;" and after the Zwonitzer, Dn. committee of the whole amendment (SF0036HW001/A) to this line, insert "providing for publication of public service announcements;".

Page 1-line 10          Before "is" insert "and by creating a new subsection (d)".

Page 2-After line 9     Insert:

      "(d)  The commissioner shall cause to be published, no more than twelve (12) times per year, in newspapers of general circulation within the state that meet the requirements of  legal newspapers pursuant to W.S. 18‑3‑519, a public service announcement pertaining to insurance which shall include a description of how citizens may access information about licensed insurance companies on the official department website.  The cost of the publications shall be shared equally among all insurers required to file an annual statement pursuant to W.S. 26‑3‑125 and each insurer shall pay its share of the cost of publication upon assessment by the department.".  STUBSON

2/15/2013   H Passed 2nd Reading

SF0036H3001/ADOPTED     (TO ENGROSSED COPY)

Page 2-After line 9     In the Stubson second reading amendment (SF0036H2001/AE) to this line, After "(d)" insert "Until June 30, 2017,".  ZWONITZER, DN

SF0036H3002/ADOPTED     (TO ENGROSSED COPY)

Page 2-After line 9     In the Stubson second reading amendment (SF0036H2001/AE) to this line, delete "assessment by the department" insert "receipt of a statement from the department".  STUBSON

2/19/2013   H Passed 3rd Reading

ROLL CALL

Ayes:  Representative(s) Baker, Barlow, Berger, Blake, Burkhart, Byrd, Campbell, Cannady, Coleman, Connolly, Davison, Eklund, Esquibel, K., Filer, Gingery, Goggles, Greene, Halverson, Harshman, Hutchings, Jaggi, Kasperik, Kirkbride, Kroeker, Larsen, Lockhart, Loucks, Lubnau, Madden, McKim, Moniz, Nicholas, B., Paxton, Petroff, Piiparinen, Reeder, Sommers, Stubson, Teeters, Throne, Wallis, Wilson, Zwonitzer, Dn. and Zwonitzer, Dv.

Nays:  Representative(s) Blevins, Blikre, Brown, Freeman, Gay, Greear, Harvey, Hunt, Krone, Miller, Northrup, Patton, Semlek, Walters, Watt and Winters

Ayes 44 Nays 16 Excused 0 Absent 0 Conflicts 0

2/19/2013   S Received for Concurrence

2/19/2013   S Did Not Concur

ROLL CALL

Ayes:  Senator(s) Anderson, JD S02, Anderson, JL S28, Barnard, Bebout, Case, Cooper, Driskill, Emerich, Hicks, Johnson, Landen, Nicholas, P. and Scott

Nays:  Senator(s) Burns, Christensen, Coe, Craft, Esquibel, F., Geis, Hastert, Hines, Meier, Nutting, Perkins, Peterson, Ross, Rothfuss, Schiffer and Von Flatern

Conflicts:  Senator(s) Dockstader

Ayes 13 Nays 16 Excused 0 Absent 0 Conflicts 1

2/19/2013   S Appointed  JCC01 Members:

Senator(s) Case, Schiffer, Scott

2/19/2013   H Appointed JCC01 Members:

Representative(s) Zwonitzer, Dn., Blevins, Gingery

2/21/2013   S Adopted SF0036JC01

SF0036JC01/A      ADOPTED     (TO ENGROSSED COPY)

Adopt the following House amendments:

SF0036HW001/AE

Delete the following House amendments:

SF0036H2001/AE

SF0036H3001/AE

SF0036H3002/AE

Further amend the ENGROSSED COPY as follows:

Page 1-line 3     After "website;" and after the Zwonitzer, Dn. Committee of the Whole amendment (SF0036HW001/AE) to this line, insert "providing for publication of public service announcements;".

Page 1-line 10    Before "is" insert "and by creating a new subsection (d)".

Page 2-after line 9     Insert:

      "(d)  The commissioner shall cause to be published no less than six (6) times per year and no more than twelve (12) times per year, in newspapers of general circulation within the state that meet the requirements of legal newspapers pursuant to W.S. 18‑3‑519, a public service announcement pertaining to insurance which shall include a description of how citizens may access information about licensed insurance companies on the official department website.  The cost of the publications shall be shared equally among all insurers required to file an annual statement pursuant to W.S. 26‑3‑123 and each insurer shall pay its share of the cost of publication upon receipt of a statement from the department.  The department shall report to the joint corporations, elections and political subdivisions interim committee on or before July 1, 2015 concerning any public response to the public service announcements required by this subsection.".   CASE, SCHIFFER, SCOTT, ZWONITZER, DN., BLEVINS, GINGERY

ROLL CALL

Ayes:  Senator(s) Anderson, JL S28, Barnard, Bebout, Burns, Case, Christensen, Coe, Cooper, Craft, Driskill, Emerich, Esquibel, F., Geis, Hastert, Hicks, Hines, Johnson, Landen, Meier, Nicholas, P., Nutting, Perkins, Peterson, Ross, Rothfuss, Schiffer, Scott and Von Flatern

Excused:  Senator(s) Anderson, JD S02

Conflicts:  Senator(s) Dockstader

Ayes 28 Nays 0 Excused 1 Absent 0 Conflicts 1

2/22/2013   H Adopted SF0036JC01

SF0036JC01/AA     ADOPTED     (TO ENGROSSED COPY)

Adopt the following House amendments:

SF0036HW001/AE

Delete the following House amendments:

SF0036H2001/AE

SF0036H3001/AE

SF0036H3002/AE

Further amend the ENGROSSED COPY as follows:

Page 1-line 3     After "website;" and after the Zwonitzer, Dn. Committee of the Whole amendment (SF0036HW001/AE) to this line, insert "providing for publication of public service announcements;".

Page 1-line 10    Before "is" insert "and by creating a new subsection (d)".

Page 2-after line 9     Insert:

      "(d)  The commissioner shall cause to be published no less than six (6) times per year and no more than twelve (12) times per year, in newspapers of general circulation within the state that meet the requirements of legal newspapers pursuant to W.S. 18‑3‑519, a public service announcement pertaining to insurance which shall include a description of how citizens may access information about licensed insurance companies on the official department website.  The cost of the publications shall be shared equally among all insurers required to file an annual statement pursuant to W.S. 26‑3‑123 and each insurer shall pay its share of the cost of publication upon receipt of a statement from the department.  The department shall report to the joint corporations, elections and political subdivisions interim committee on or before July 1, 2015 concerning any public response to the public service announcements required by this subsection.".   CASE, SCHIFFER, SCOTT, ZWONITZER, DN., BLEVINS, GINGERY

ROLL CALL

Ayes:  Representative(s) Baker, Barlow, Berger, Blake, Blevins, Blikre, Brown, Burkhart, Byrd, Campbell, Cannady, Coleman, Connolly, Eklund, Esquibel, K., Filer, Freeman, Gay, Gingery, Goggles, Greear, Greene, Harshman, Harvey, Hunt, Hutchings, Jaggi, Kasperik, Kirkbride, Kroeker, Krone, Larsen, Lockhart, Loucks, Lubnau, Madden, McKim, Miller, Moniz, Nicholas, B., Northrup, Patton, Paxton, Petroff, Piiparinen, Reeder, Semlek, Sommers, Stubson, Teeters, Throne, Wallis, Walters, Watt, Wilson, Winters, Zwonitzer, Dn. and Zwonitzer, Dv.

Nays:  Representative(s) Halverson

Excused:  Representative(s) Davison

Ayes 58 Nays 1 Excused 1 Absent 0 Conflicts 0

2/22/2013   Assigned Number SEA No. 0054

2/25/2013   S President Signed SEA No. 0054

2/25/2013   H Speaker Signed SEA No. 0054

3/13/2013   Governor Signed SEA No. 0054

3/13/2013   Assigned Chapter Number

Chapter No. 0135  Session Laws of Wyoming 2013