HB 1623 HD 1 SD 1

RELATING TO CAPTIVE INSURANCE

By Representative(s) MENOR (BR)

Keywords: INSURANCE, INSURANCE COMPANIES

Report Title: Captive Insurance

Description: Expands the definition of captive insurance company, creates four classes of captive insurance companies with specified capital or surplus requirements, and exempts newly authorized categories of captive insurance companies from National Association of Insurance Commissioners risk-based capital reports filing. (SD1)

 1-28-99        H Introduced and passed First Reading                      
 2- 1-99        H Referred to the committee on CPC, referral sheet 7       
 2- 8-99        H Bill scheduled to be heard by CPC on Wednesday,
                  02-10-99 at 2:00 P.M. in House conference room 325.
 2-10-99        H The committee on CPC recommends that the measure be         
                  PASSED, WITH AMENDMENTS.
 2-10-99        H The votes in CPC were as follows:10 Ayes: Rep.(s)
                  Menor, Lee, Cachola, Garcia, Herkes, Hiraki,
                  Kaho`ohalahala, Takumi, Halford, Whalen; Ayes with
                  reservations: Rep.(s) ; none Noes: Rep.(s) ; and 5
                  Excused: Rep.(s) Chang, Morita, Yoshinaga, Rath,
                  Thielen
 3- 5-99        H Reported from the committee on CPC (Stand. Com. Rep.        
                  No. 904) as amended in (HD 1), recommending passage         
                  on Second Reading and placement on the calendar for         
                  Third Reading
 3- 5-99        H Passed Second Reading as amended in (HD 1); placed
                  on the calendar for Third Reading  with
                  Representative(s) none voting no and
                  Representative(s) Moses, Okamura, Takamine excused
 3- 9-99        H Passed Third Reading as amended in (HD 1)                
 3- 9-99        H The vote was as follows:  45 aye(s), with none
                  voting no and Representative(s) Halford, Moses,
                  Okamura, Rath, Takamine, Yoshinaga excused
 3- 9-99        H Transmitted to Senate                                    
 3-11-99        S Received from House (Hse. Com. No. 374)                  
 3-11-99        S Passed First Reading and referred to CPN                 
 3-11-99        S Bill scheduled to be heard by CPN on 03-16-99 at
                  9:00 a.m. in conference room 016
 3-16-99        S The measure is deferred until 03-18-99 at 9:00 a.m.         
                  in conference room 016.
 3-18-99        S The committee on CPN recommends that the measure be         
                  PASSED, WITH AMENDMENTS.
 3-18-99        S The votes in CPN were as follows: 5 Ayes: Senator(s)        
                  Kanno, Taniguchi, Bunda, Matsuura, Slom; Ayes with
                  reservations: Senator(s) ; none Noes: Senator(s) ;
                  and 3 Excused: Senator(s) Hanabusa, Ihara, Inouye
 4- 1-99        S Reported from CPN (Stand. Com. Rep. No. 1202) with
                  recommendation of passage on Second Reading, as
                  amended (SD 1) and placement on the calendar for
                  Third Reading
 4- 1-99        S Report adopted; Passed Second Reading, as amended
                  (SD 1)
 4- 1-99        S 48 hours notice                                          
 4- 5-99        S Passed Third Reading, as amended (SD 1). Ayes, 22.          
                  Noes, none ().  Excused, 3 (Iwase, Sakamoto,
                  Tanaka).
 4- 5-99        S Transmitted to House                                     
 4- 5-99        H Received from Senate (Sen. Com. No. 400) in amended         
                  form (SD 1)
 4- 6-99        H House disagrees with Senate amendment(s)                 
 4- 7-99        S Received notice of disagreement on 04-06-99, (Hse.
                  Com. No. 427)
 4-17-99        H House conferees appointed:  Menor Chairman; Cachola,        
                  Herkes, Lee, Whalen
 4-19-99        S Received notice of appointment of House conferees
                  (Hse. Com. No. 618).
 4-19-99        S Senate Conferees appointed:  Taniguchi, Kanno, (Co-)        
                  Chair; Slom
 4-19-99        H Received notice of Senate conferees (Sen. Com. No.
                  743)