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House amends insurance guarantee limits and governance; HB40 passes unanimously
Utah House of Representatives · January 27, 2010
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Summary
Lawmakers amended the insurance guarantee association to clarify state obligations, increase per-policyholder coverage separation for life and health, and add two public board members; Amendment No.2 adopted and HB40 passed 72–0.
The House passed House Bill 40, adjusting protections provided by Utah’s Life and Health Insurance Guarantee Association and making governance changes to the guarantee fund.
Representative James Dunnigan, sponsor, introduced Amendment No. 2 clarifying that the state is not obligated to cover losses tied to a federal health insurance plan and…
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