Senate
Record of Committee Proceedings
Committee on Insurance and Housing
Senate Bill 582
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 Senator Lasee; cosponsored by Representative Petersen.
February 07, 2014 Referred to Committee on Insurance and Housing
February 12, 2014 Public Hearing Held
Present: (5) Senator Lasee; Senators Olsen, Schultz, T. Cullen and Erpenbach.
Absent: (0) None.
Excused: (0) None.
Appearances For
· Frank Lasee - Senator - First Senate District
· Rebecca Larson - Alliance of Health Insurers
· Andy Franken - Wisconsin Insurance Alliance
· Connie O'Connell
· JP Wieske - Office of the Commissioner of Insurance
· Connie O'Connell - Wisconsin Council of Life Insurers
· Andy Franken - Wisconsin Insurance Alliance
· Rebecca Larson - Alliance of Health Insurers
Appearances Against
· None.
Appearances for Information Only
· None.
Registrations For
· Nick Grojean - State Farm
· Susan Callanan - Northwestern Mutual
· Scott Stenger - PCI
· Tony Langenohl - AHIP
· Monica Groves - American Family Insurance
Registrations Against
· None.
Registrations for Information Only
· None.
February 12, 2014 Executive Session Held
Present: (5) Senator Lasee; Senators Olsen, Schultz, T. Cullen and Erpenbach.
Absent: (0) None.
Excused: (0) None.
Moved by Senator Erpenbach, seconded by Senator Olsen that Senate Bill 582 be recommended for passage.
Ayes: (5) Senator Lasee; Senators Olsen, Schultz, T. Cullen and Erpenbach.
Noes: (0) None.
PASSAGE RECOMMENDED, Ayes 5, Noes 0
______________________________
Robert Kovach
Committee Clerk
