Bill Summary

SB 500 Surplus Requirements for Residential Property Insurers (2024 Session)
Surplus Requirements for Residential Property Insurers; Increasing the minimum surplus requirement for certain new insurers transacting residential property insurance; increasing, during specified intervals, the minimum surplus requirement for certain current residential property insurers, etc. Effective Date: 7/1/2024
11/16/23
SENATE
Filed
12/05/23
SENATE
Referred to Banking and Insurance; Appropriations Committee on Agriculture, Environment, and General Government; Fiscal Policy
03/08/24
SENATE
Died in Banking and Insurance
0500
Filed on 11/16/23
PDF
No amendments to this bill text filed.
624.407
624.408
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