Assembly
Record of Committee Proceedings
Committee on Insurance
Assembly Bill 735
Relating to: own risk and solvency assessments, supervisory colleges, consolidated hearings for mergers of insurance companies, proxy voting by mutual policyholders, a presumption and exceptions with respect to the disclosure of insurance-related information, granting rule-making authority, and providing a penalty.
By Representative Petersen; cosponsored by Senator Lasee.
February 07, 2014 Referred to Committee on Insurance
February 12, 2014 Public Hearing Held
Present: (16) Representative Petersen; Representatives Weininger, Czaja, Jagler, Craig, Tranel, Born, Murphy, Stroebel, August, Danou, Berceau, Young, Doyle, Kahl and Ohnstad.
Absent: (0) None.
Excused: (0) None.
Appearances For
· JP Wieske - OCI
· Andy Franken - WIA
· Rebecca Larson - AIH
· Connie O'Connell - WI council of Life Insurers
Appearances Against
· None.
Appearances for Information Only
· None.
Registrations For
· Susan Callanan - Northwestern Mutual
· Nick Grojean - State Farm
· Tony Langenohl - AHIP
· Monica Groves - American Family
· Mary Haffenbredl - Humana
· Scott Stenger - PCI
· Ron Kuehn - PIA
Registrations Against
· None.
Registrations for Information Only
· None.
February 12, 2014 Executive Session Held
Present: (16) Representative Petersen; Representatives Weininger, Czaja, Jagler, Craig, Tranel, Born, Murphy, Stroebel, August, Danou, Berceau, Young, Doyle, Kahl and Ohnstad.
Absent: (0) None.
Excused: (0) None.
Moved by Representative Czaja, seconded by Representative Tranel that Assembly Bill 735 be recommended for passage.
Ayes: (16) Representative Petersen; Representatives Weininger, Czaja, Jagler, Craig, Tranel, Born, Murphy, Stroebel, August, Danou, Berceau, Young, Doyle, Kahl and Ohnstad.
Noes: (0) None.
PASSAGE RECOMMENDED, Ayes 16, Noes 0
______________________________
Jim Bowers2
Committee Clerk
