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Insurance commissioner’s omnibus bill wins committee approval after technical amendment

INSURANCE & COMMERCE - SENATE · February 26, 2019
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

SB310, the insurance omnibus presented by Commissioner Alan Kerr and staff attorney Amanda Rose, updates multiple insurance code provisions — from prepaid funeral contracts to premium tax filings — and was advanced from committee after adoption of an amendment.

Senate Bill 310, the insurance omnibus, was presented to the Senate Insurance & Commerce Committee by Insurance Commissioner Alan Kerr with staff attorney Amanda Rose assisting. Kerr described the omnibus as the department’s regular session vehicle to make technical and regulatory updates needed to keep Arkansas’ insurance code aligned with industry practice and model language.

Key pro…

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