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Committee approves bill letting insurance commissioner reduce board sizes, moves House bill out as amended
2520676 · March 6, 2025
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Summary
The Senate Committee on Financial Institutions and Insurance amended and passed out House Bill 2,045, which would give the insurance commissioner authority to reduce the number of members on boards for which the commissioner appoints members.
The Senate Committee on Financial Institutions and Insurance considered House Bill 2,045 and voted to pass the bill out of committee as amended. The bill, described by committee staff as the Senate version of a board‑size bill, would grant the commissioner of insurance authority to reduce the number of board members…
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