AN ACT relating to insurance; revising provisions governing the payment of the expenses for an examination of an insurer; eliminating certain requirements relating to reporting of closed claims for medical liability insurance; eliminating the requirement that certain expired, suspended or terminated certificates be surrendered; requiring certain insurers to file quarterly statements; eliminating certain countersignature requirements.
revising provisions governing the taxation of money received by a life
insurer pursuant to an annuity agreement; revising certain requirements for
an application for a certificate of registration as an administrator; revising
provisions governing annual reports filed by an administrator; revising
provisions requiring an adjuster to maintain in this State a place of
business; authorizing the Commissioner of Insurance to designate certain
insurers as domestic surplus lines insurers; authorizing the Commissioner
to assess against an insurer the cost for the review of a proposal to change
the rate of a health plan; revising requirements relating to certificates of
registration as a provider of service contracts; authorizing the
Commissioner to issue a certificate of dormancy to certain captive insurers;