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Session 123 - (2019-2020)Printer Friendly
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S*0358 (Rat #0010, Act #0005 of 2019) General Bill, By Cromer
Similar (H 3705)
Summary: Property and casualty insurance guaranty association
AN ACT TO AMEND SECTION 38-31-30, CODE OF LAWS OF SOUTH CAROLINA, 1976, RELATING TO THE APPLICATION OF THE SOUTH CAROLINA PROPERTY AND CASUALTY INSURANCE GUARANTY ASSOCIATION, SO AS TO APPLY THE PROVISIONS OF CHAPTER 31, TITLE 38 TO A CLAIM OR LOSS COVERED BY SELF-INSURANCE THAT OCCURRED PRIOR TO THE ACQUISITION OF A BLOCK OF BUSINESS BY A LICENSED INSURER; AND TO AMEND SECTION 42-5-20, RELATING TO INSURANCE REQUIREMENTS FOR WORKERS' COMPENSATION, SO AS TO PROHIBIT A SELF-INSURER FROM PARTICIPATING IN OR OBTAINING BENEFITS FROM THE SOUTH CAROLINA PROPERTY AND CASUALTY INSURANCE GUARANTY ASSOCIATION AND TO REQUIRE THE SOUTH CAROLINA WORKERS' COMPENSATION COMMISSION TO SECURE AN ACTUARIAL OPINION BEFORE APPROVING THE TRANSFER OF A SELF-INSURER TO A LICENSED INSURER. - ratified title
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Similar (H 3705)
Summary: Property and casualty insurance guaranty association
AN ACT TO AMEND SECTION 38-31-30, CODE OF LAWS OF SOUTH CAROLINA, 1976, RELATING TO THE APPLICATION OF THE SOUTH CAROLINA PROPERTY AND CASUALTY INSURANCE GUARANTY ASSOCIATION, SO AS TO APPLY THE PROVISIONS OF CHAPTER 31, TITLE 38 TO A CLAIM OR LOSS COVERED BY SELF-INSURANCE THAT OCCURRED PRIOR TO THE ACQUISITION OF A BLOCK OF BUSINESS BY A LICENSED INSURER; AND TO AMEND SECTION 42-5-20, RELATING TO INSURANCE REQUIREMENTS FOR WORKERS' COMPENSATION, SO AS TO PROHIBIT A SELF-INSURER FROM PARTICIPATING IN OR OBTAINING BENEFITS FROM THE SOUTH CAROLINA PROPERTY AND CASUALTY INSURANCE GUARANTY ASSOCIATION AND TO REQUIRE THE SOUTH CAROLINA WORKERS' COMPENSATION COMMISSION TO SECURE AN ACTUARIAL OPINION BEFORE APPROVING THE TRANSFER OF A SELF-INSURER TO A LICENSED INSURER. - ratified title
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| 01/10/19 | Senate | Introduced and read first time (Senate Journal-page 4) |
| 01/10/19 | Senate | Referred to Committee on Banking and Insurance (Senate Journal-page 4) |
| 01/24/19 | Senate | Committee report: Favorable Banking and Insurance (Senate Journal-page 24) |
| 01/25/19 | Scrivener's error corrected | |
| 01/31/19 | Senate | Read second time (Senate Journal-page 5) |
| 01/31/19 | Senate | Roll call Ayes-37 Nays-0 (Senate Journal-page 5) |
| 02/06/19 | Senate | Read third time and sent to House (Senate Journal-page 39) |
| 02/07/19 | House | Introduced and read first time (House Journal-page 4) |
| 02/07/19 | House | Referred to Committee on Labor, Commerce and Industry (House Journal-page 4) |
| 02/14/19 | House | Committee report: Favorable Labor, Commerce and Industry (House Journal-page 26) |
| 02/21/19 | House | Requests for debate-Rep(s). Hill (House Journal-page 102) |
| 02/21/19 | House | Read second time (House Journal-page 102) |
| 02/21/19 | House | Roll call Yeas-106 Nays-0 (House Journal-page 103) |
| 02/21/19 | House | Unanimous consent for third reading on next legislative day (House Journal-page 105) |
| 02/22/19 | House | Read third time and enrolled (House Journal-page 4) |
| 03/19/19 | Ratified R 10 | |
| 03/20/19 | Signed By Governor | |
| 03/27/19 | Effective date 07/01/19 | |
| 04/01/19 | Act No. 5 |