Video & Transcript : 'captive insurers' :

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AL

Alabama 2026 Regular Session

Alabama Senate Banking and Insurance Committee Feb 4th, 2026

Banking and Insurance

Transcript Highlights:
  • , a reinsurance captive insurance company to $500,000, a protected cell captive insurance company to
  • protected sale captive insurance company protected sale captive insurance company is<00:07:53.759><c>
  • </c><00:08:05.599><c> insurance</c> requirement for a pure captive insurance requirement for a pure captive
  • 500,000,</c><00:08:11.280><c> a</c> captive insurance company to 500,000, a captive insurance company
  • </c> for a branch captive insurance company. for a branch captive insurance company.
OK
Transcript Highlights:
  • Oklahoma Captive Insurance Company Act.
  • The bill reflects a collaborative effort between the Oklahoma Insurance Department and the Oklahoma Captive
  • Insurance Association to improve the state's captive insurance framework.
  • That are active and actively attract captive insurance companies at this time.
  • That financial relationship should belong between the patient, the insured, and the insurance company
OK

Oklahoma 2026 Regular Session

Insurance REVISED: Links added Feb 10th, 2026

Insurance

Transcript Highlights:
  • House Bill 2955 updates and modernizes the Oklahoma Captive Insurance Company Act.
  • The bill reflects a collaborative effort between the Oklahoma Insurance Department and the Oklahoma Captive
  • The bill reflects a collaborative effort between the Oklahoma Insurance Department and the Oklahoma Captive
  • Insurance Association to improve the state's captive insurance framework.
  • insurance companies.
Summary: The committee first took up HB 3794 and HB 3796, both Oklahoma Insurance Department request bills. Members adopted PCS drafts for each without objection, heard brief explanations that the measures cleaned up and clarified insurance licensing and other statutory provisions, and then advanced both bills on unanimous or near-unanimous votes. The committee then considered HB 3928, as amended, which would require optometrists to be reimbursed at Medicare/Medicaid levels and address payment parity for certain vision plans. Representative Tedford raised concerns about premium increases and interference with private contracts, while the author argued the bill would create a fairer level playing field and would not significantly raise consumer costs. The bill passed on a recorded vote and was recommended to the next committee. HB 2955, updating the Oklahoma Captive Insurance Company Act to make Oklahoma more competitive, also passed after OID confirmed a questioned travel reimbursement provision was current law and unchanged. HB 4453 proposed creating an all-payers claims database board to analyze health care spending, use the health information exchange, and make recommendations to OID. The author described changes to board appointments and reporting language, and members asked about consumer representation, fiscal impact, and the board’s advisory role. The bill passed and was recommended onward. HB 4460, which would shift collection of copays, deductibles, and other cost-sharing from providers to insurers, drew extensive testimony from an emergency physician supporting the measure as a way to reduce medical debt and simplify billing, but members raised concerns about ERISA preemption, premium impacts, implementation, and broader market effects. After discussion, the author laid HB 4460 over for later consideration, and the meeting adjourned.
OK

Oklahoma 2026 Regular Session

Commerce and Economic Development Oversight REVISION 2: HB3127 - Added Mar 5th, 2026 at 10:30 am

Commerce & Economic Development Oversight

Transcript Highlights:
  • House Bill 2955 updates and modernizes the Oklahoma captive insurance company act.
  • The bill reflects a collaborative effort between the Oklahoma Insurance Department and the Oklahoma Captive
  • Insurance Association to improve the state's captive insurance framework.
  • It's a bill that I've been working on with the insurance department since last summer.
  • insurance.
OK

Oklahoma 2026 Regular Session

Commerce and Economic Development Oversight Mar 3rd, 2026 at 03:00 pm

Commerce & Economic Development Oversight

Transcript Highlights:
  • We have had significant increases in insurance costs, which are due to a variety of insurance costs and
  • insurance companies challenging claims and then not paying.
  • avenue for the consumer to create a savings account because of some of the things we're seeing in the insurance
  • that up into, then I could pay that claims essentially out of that and keep that cost off of my insurance
OK

Oklahoma 2026 Regular Session

Commerce and Economic Development Oversight Mar 3rd, 2026 at 10:30 am

Commerce & Economic Development Oversight

Transcript Highlights:
  • This particular bill focuses on insurance coverage, roof adoption, and you. For questions.
  • The Oklahoma Insurance Department requests the following changes to update provisions related to the
  • homeowner's insurance in the Oklahoma Insurance Code.
  • Oklahoma Insurance Department. Thank you so much. Underwriting purposes.
  • Oklahoma Insurance Department. Thank you so much. Have pass, see no questions.
OK

Oklahoma 2026 Regular Session

Business and Insurance 2ND REVISED Apr 23rd, 2026 at 09:30 am

Business and Insurance

Transcript Highlights:
  • or will it save costs to the insurers?
  • to agents even captive agents that work for the actual insurance carrier that hires those claims adjusters
  • House 2955 simply updates and modernizes the Oklahoma Captive Insurance Company Act.
  • Captive Insurance Association to improve the statutes surrounding the captive insurance framework.
  • captive companies.
OK

Oklahoma 2026 Regular Session

Business and Insurance 2ND REVISED Apr 23rd, 2026

Business and Insurance

Transcript Highlights:
  • insurers?
  • I think if you talk to those within the insurance industry, you talk to agents, even captive agents that
  • House Bill 2955 simply updates and modernizes the Oklahoma Captive Insurance Company Act.
  • Captive Insurance Association.
  • Captive Insurance Association to improve the statutes surrounding the captive insurance framework.
Summary: The Business and Insurance Committee first handled a series of executive nominations, including appointments or reappointments to the Oklahoma Securities Commission, Real Estate Commission, State Athletic Commission, Accountancy Board, Commission on Consumer Credit, Uniform Building Code Commission, Abstractors Board, Used Motor Vehicle Dismantler and Manufactured Housing Commission, and State Banking Board. Most nominees briefly addressed the committee, and the nominations were advanced by unanimous or near-unanimous votes. One HB 4488 was laid over at the start of the meeting. The committee then considered several bills. HB 4322, which would remove a dual-licensure requirement for funeral directors and embalmers, drew questions about consumer protection and body care procedures and passed 6-3. HB 4202, changing workers’ compensation fee schedule treatment for radiology, passed unanimously. HB 4203, directing the Uniform Building Code Commission to explore guidelines for single-exit configurations in certain buildings up to four stories, passed 7-2 after concerns were raised about fire safety. HB 4457, dealing with specialty pharmacies, pharmacy benefit managers, and access to specialty medications, passed unanimously. Members also debated HB 3983, which would move Oklahoma’s moist smokeless tobacco tax to a weight-based system; supporters argued it would improve fairness and revenue stability, while opponents said it would raise taxes on some products and lacked consumer protections. It passed 6-3. HB 3660, authorizing natural organic reduction as an additional end-of-life option, prompted a lengthy debate over dignity, religious concerns, and consumer choice; it passed 5-4. HB 3802, prohibiting auto insurers from raising premiums solely because a spouse died, passed unanimously. HB 2933, a consumer protection insurance bill, passed 9-0 after extensive discussion of claims handling and insurer accountability. Additional insurance and regulatory measures—HB 2955, HB 2956, HB 3781, HB 3521, HB 3796, HB 3794, and HB 3800—were also advanced, most with little or no opposition. The chair closed by noting all executive nominations and legislation had been cleared from the committee for the year.
WA

Washington 2025-2026 Regular Session

Senate Ways & Means Mar 10th, 2026 at 03:00 pm

Ways & Means

Transcript Highlights:
  • businesses applies only to the insurer paying the premium tax and is limited to the revenue in which
  • Also, the tax impact resulting from the exemption changes to the ACS for insurers is negative.
  • 50% or more of the worldwide gross revenue of the affiliated group is from insurance premiums.
  • And then it also provides a broad list of activities constituting insurance business activity.
  • The first item on the list was House Bill 2487, concerning taxes imposed on insurers.
Bills: HB2487
WA

Washington 2025-2026 Regular Session

Senate Ways & Means Mar 9th, 2026 at 10:00 am

Ways & Means

Transcript Highlights:
  • in which the insurance premiums tax is paid.
  • So, as businesses do business with an insurer and earn income from the insurer, they pay tax on that
  • , the actual business of insurance activities.
  • industry, where insurers are no longer just insurers.
  • industry where insurers are no longer just insurers.
Bills: HB2487
HI

Hawaii 2026 Regular Session

CPN Public Hearing 01-29-2026

Commerce and Consumer Protection

Transcript Highlights:
  • >> Oh, uh, DCCA, please. captive insurance company where the core captive insurance company where the
  • This measure allows captive insurance companies that are not risk retention captive insurance companies
  • captive insurance company does sponsored captive insurance company does not<00:29:36.080><c> retain</
  • </c> captive insurance laws and may captive insurance laws and may contribute<00:31:37.279><c> to</c>
  • Um the Hawaii Captive Insurance Council.
Summary: The Senate Commerce and Consumer Protection Committee opened its first hearing of the year with remarks from Chair Jared Kohole outlining hearing procedures, a two-minute testimony limit, rules for remote testimony and decorum, and a revised testimony-publication pilot that keeps 96-hour notice but returns to a standard 24-hour testimony deadline. He then moved through the agenda, beginning with SB 2004 on outdoor advertising, which would increase penalties for violations of billboard and outdoor advertising laws. Testimony on that measure was limited; Henry Curtis of Life of the Land was first up, and written support was noted from Hawaiian Electric and the Outdoor Circle. The committee then heard SB 2039 on election campaign finance, which would prohibit certain business entities from engaging in campaign finance activities. The Attorney General’s office offered comments and did not take a formal position at the hearing. Several proponents testified in support, including Josh Frost, Tom Moore of the Center for American Progress, Hapa/Hawaii Alliance for Progressive Action, and Common Cause Hawaiʻi, all arguing the bill would curb corporate and dark-money influence and return elections to the people. Moore distinguished between regulating corporate “rights” and limiting corporate “powers,” and said the state can redefine the powers it grants corporations. In questions, Senator McKelvey asked whether the bill could be expanded to include unions; the Attorney General said he would need to get back with legal analysis, while Moore said his preferred approach would include all entities and that leaving out nonprofits or unions would create problems. Members also discussed whether the bill would affect PACs, and Moore explained that the proposal would prohibit corporate and dark-money flows into PACs while leaving individual political giving and existing political committees in place. The committee then moved on to the next measure. SB 2042, relating to insurance, was heard next. The bill would reduce the unimpaired minimum capital and surplus required of class 4 sponsored captive insurance companies under certain circumstances. The DCCA Insurance Division said it stood on its written testimony, and the Hawaii Captive Insurance Council testified in support, describing the change as a narrow, risk-based adjustment that would not affect the commissioner’s authority where actual risk resides and would help keep Hawaii competitive. The committee noted additional written support and proceeded without a vote or final action in the portion of the hearing provided.
AL

Alabama 2025 Regular Session

Alabama House Agriculture and Forestry Committee Apr 9th, 2025

Agriculture and Forestry

Transcript Highlights:
  • to know what's going on in all sectors where white-tailed deer are in this state, in the wild, in captive
  • We tested one breeder and one captive server within 10 miles.
Bills: HB509
AL

Alabama 2026 Regular Session

Alabama Senate Banking and Insurance Committee Feb 25th, 2026

Banking and Insurance

Transcript Highlights:
  • because the Department of Insurance does warranties, service agreements, and insurance.
  • because the Department of Insurance does warranties, service agreements, and insurance.
  • because the Department of Insurance does warranties, service agreements, and insurance.
  • carriers ultimately the the insurance carriers ultimately the insure<00:24:49.760><c> insurance</c><
  • 00:24:49.919><c> insurance</c><00:24:50.240><c> policy</c> insure insurance insurance policy insure insurance
Bills: SB294, HB296, HB300, SB269
OK

Oklahoma 2026 Regular Session

Senate Legislative Session Apr 23rd, 2026

Oklahoma Senate Floor Meeting

Transcript Highlights:
  • Business and Insurance will meet immediately upon the conclusion of Veterans in 535.
  • We're going to have to do a lot of juggling between Energy and Business and Insurance today.
Summary: The Senate convened with a quorum, opened with prayer, and recognized several guests and groups, including the nurse of the day, Donna Reynolds; the Tuttle High School wrestling team; auctioneer and ringman honorees; the Bristow Chamber of Commerce; Deer Creek cross country; Guthrie High School AP U.S. government students; and family members of Senator Reinhardt. The chamber also held a live auction demonstration on the floor, with Brandon Mendoza and Logan Snyder participating, and the winning bid was announced as $675. The Senate later recognized Millwood High School boys basketball and Isaiah Wilkes, the Gatorade Oklahoma Boys Basketball Player of the Year. The body then considered and passed several House bills. HB 3016 created a two-year pilot vision screening program for kindergarten through third grade to identify convergence insufficiency disorders; it passed 34-10 and was declared an emergency. HB 2979 authorized the Department of Transportation to establish school zones on portions of state highways at local request and passed 41-0. HB 2288, a teacher return-to-work bill removing the earnings cap and allowing return after six months, passed 45-0 as an emergency. HB 2988 expanded the definition of harmful woody species and broadened the Terry Peach Water Restoration Act statewide; it passed 43-1. HB 362, defining retired municipal judges for firearm-carry authority, passed 40-4. HB 3315 directed the state regents to study whether some graduate programs could be 90 credit hours and report to the governor; it passed 38-6 as an emergency. Additional bills passed included HB 3372, creating a $5 million revolving loan fund for charter school capital expenditures, after extended debate over public funds being used for improvements to privately owned facilities; it passed 39-6. HB 3530 required ABLE Commission records to be provided within 10 days when requested and passed 44-0. HB 3622 created a U.S. decennial census revolving fund in the Department of Commerce and passed 32-11. HB 3755 established a financial mechanism for juvenile detention centers to provide medication to youth in their care and passed 43-0. HB 4266, the omnibus specialty license plate bill, passed 25-19 after questions about out-of-state university plates. The Senate then made announcements about upcoming committee meetings, birthdays, and schedule changes, and adjourned until Monday, April 27 at 1:30 p.m.
FL

Florida 2026 Regular Session

Banking and Insurance Jan 13th, 2026

Banking and Insurance

Transcript Highlights:
  • Insurance agents and brokers are engaging in the business of insurance and should be subject to the insurance
  • Basically, there are domestic bail bond insurers, foreign bail bond insurers, and alien bail bond insurers
  • Domestic bail bond insurers, foreign bail bond insurers, and alien bail bond insurers.
  • They handle insurance operations among insurance carriers.
  • They handle insurance operations among insurance carriers.
Summary: The Committee on Banking and Insurance met with a quorum and took up several bills, beginning with SB 834 on insurance requirements for nonprofit religious organizations and health care sharing ministries. The bill repeals a recent restriction on licensed insurance agents marketing or selling faith-based health care sharing programs. Supporters argued the change restores free speech and consumer education while preserving existing fraud and disclosure protections; opponents said allowing agents and brokers could create consumer confusion and has been associated with bad actors. A title amendment was adopted, and after debate the committee reported the bill favorably. The committee also heard and passed SB 642, which extends reporting and duty requirements to foreign and alien bail bond insurers, and SB 394, a technical bill updating reinsurance intermediary manager law to match current DFS practice. SB 266, which lets vulnerable adults rescind public adjuster contracts without penalty, was reported favorably after testimony from supporters in the insurance and elder law communities and a public adjuster who said the intent was good but the bill may need refinement. SB 832, a residential property insurance transparency bill requiring rate breakdown reports and a consumer resource center, also passed after discussion about consumer clarity and whether the required cost categories can be compiled as written. Later, the committee approved SB 540, which creates cybersecurity requirements for mortgage and money service businesses, closes a regulatory gap for certain investment advisers, adjusts OFR examination-payment deadlines, changes de novo charter requirements, allows virtual credit union meetings, and makes other financial regulation updates. Several amendments were adopted, including a substitute amendment removing fintech sandbox provisions. Finally, SB 1028 on Citizens Property Insurance Corporation was reported favorably after debate over a commercial lines clearinghouse intended to reduce Citizens’ exposure and shift more business to the private market; members discussed taxpayer risk, market competition, and consumer protections. The meeting ended with adjournment.
OK
Transcript Highlights:
  • Members that are on the insurance committee or have your bills on the insurance committee today, we will
Summary: The House convened with a roll call, prayer, and the Pledge of Allegiance, then followed its regular order of business. The chamber also completed administrative items including correction/reassignment of measures and introductions of the Doctor of the Day, Dr. Lee Sheffler, and Nurse of the Day, Amanda Fisher. A special recognition was held for the 2025 Mustang Bronco 6A fast-pitch softball state champions, who were introduced in the chamber and gallery. Several members made announcements about committee and caucus meetings, including the Women’s Caucus, Native American Caucus, Rural Caucus, insurance committee, judicial criminal committee, public health, banking, business committee, and a devotional gathering. Members also welcomed nursing students and faculty, and a criminal justice program from Kiamichi Career Tech and McAlester. No legislation was debated or voted on in the transcript. At the end of the session, the floor leader moved to adjourn once the clerk’s desk was clear, and the House agreed without objection. The chamber adjourned until Wednesday, February 11, 2026, at 1:30 p.m.