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North Dakota Insurance Department Publishes 65th Legislative Assembly Insurance Legislation Summary

Aug 03, 2017 Alerts

The North Dakota Insurance Department has published a summary of insurance legislation passed during the 65th Legislative Assembly.  In addition to the DOI appropriation, legislation addressed the following topics:

Agent Licensing

  • Licensing and Conduct of Insurance Producers (HB 1112)

Company Licensing and Examinations

  • Confidentiality for Risk-Based Capital Reports (HB 1100)
  • Fees Chargeable by the Commissioner (SB 2103)

Legal

  • Exempting Producer Home Address from Open Records Law (SB 2105)
  • Rebating Limits (SB 2140)

Life and Health

  • Insurable Interests in Personal Insurance (HB 1286)
  • Informed Decision Making for Choosing Air Ambulance Service Providers (SB 2231)
    • Authority of Insurance Commissioner to Investigate Health Insurers (SB 2267)

Property and Casualty

  • Authority of County Mutual Insurance Companies (HB 1147)
  • Binders (HB 1198)
  • Termination of Insurance and Duplicate Property Insurance Coverage (HB 1247)
  • Property and Casualty Covered Loss (HB 1302)

Special Funds

  • Reporting of Premium and Losses for the State Fire and Tornado Fund (HB 1101)

Click here to read the Summary, which includes details of the insurance legislation and the effective dates of various laws.  ILSA Licensing and Renewals specialists can provide further information about insurance licensing and compliance in North Dakota.

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