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House defeats amendment to extend fiduciary duty to insurance beneficiaries
2810340 · March 27, 2025
AI-Generated Content: All content on this page was generated by AI to highlight key points from the meeting. For complete details and context, we recommend watching the full video. so we can fix them.
Summary
The Indiana House rejected an amendment that would have explicitly restored fiduciary duties to beneficiaries in employer-sponsored plans, with the roll call showing 29 yeas and 60 nays.
The Indiana House of Representatives on a roll call defeated an amendment aimed at restoring an explicit fiduciary duty to beneficiaries in employer-sponsored insurance plans.
Representative Carball, speaking in support of the amendment, said the change would “ensure that Hoosiers’ best interests are put first rather than the bottom line, big insurance companies,” and…
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