Insurance Holding Company Regulations Amendments
In one sentence
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Official record
Bill Summary - 25LSO-0007 Bill No.: SF0050 Effective: 7/1/2025 LSO No.: 25LSO-0007 Enrolled Act No.: SEA No. 0064 Chapter No.: 113 Prime Sponsor: Joint Corporations, Elections & Political Subdivisions Interim Committee Catch Title: Insurance holding company regulations-amendments. Has Report: No Subject: Insurance holding company regulations-amendments. Summary/Major Elements: This bill amends the Insurance Holding Company System Regulatory Act. The bill requires certain insurers to file an annual group capital calculation and group capital ratio together with the annual registration filed with the Insurance Commissioner. The bill also requires certain insurers that are scoped into the NAIC liquidity stress test framework to file the results of that year's liquidity stress test with their annual registration. The bill provides definitions for "group capital calculation instructions" and "NAIC liquidity stress test framework" along with related definitions. The bill provides that the group capital calculation and the liquidity stress test, along with their results, are confidential. The bill specifies that the group capital calculation and the liquidity stress test, along with their results, may be used as regulatory tools, but shall not be used to rank insurers generally, and shall not be published or disseminated by any person. The above summary is not an official publication of the Wyoming Legislature and is not an official statement of legislative intent. While the Legislative Service Office endeavored to provide accurate information in this summary, it should not be relied upon as a comprehensive abstract of the bill.
Public statements
Last checked Aug 5, 1:48 AM
R · S23
Why they voted this way
The speaker explains that an amendment is needed to fix formatting errors and restructure the bill so it operates correctly as intended, without changing substantive content.
R · S27
Why they voted this way
The speaker supports the amendment because it cleans up the bill without jeopardizing accreditation.
R · S15
Why they voted this way
The speaker supports the bill to ensure consistent certification across states, allowing insurance companies to avoid redundant processes while ensuring they can fulfill promises to constituents.
D · S09
Why they voted this way
The speaker opposes the bill because they believe it expands government regulation and fails to achieve its intended purpose.
R · S30
Why they voted this way
The speaker supports the bill because government regulation is necessary in this area to protect consumers and ensure money will be available when claims are settled.
S06
Why they voted this way
The speaker opposes the bill, believing it was written by big insurance companies and blocks real competition.
R · S10
Why they voted this way
The speaker supports the bill based on discussions with a large insurance company, agreeing it is necessary for reasons previously stated by other senators.
R · S25
Why they voted this way
The speaker supports the bill to ensure large, fiscally responsible companies exist that can pay claims for major disasters, arguing uniform state regulation is necessary to avoid federal oversight.
If a lawmaker is not listed, we couldn't find a published reason.
Wyoming roll calls
4 roll calls
Read together
Official activity
Changes
2 stored
The amendment removes specific punctuation marks from the bill text.
This amendment changes specific subsections in a bill about insurance holding company regulations to improve clarity and consistency in numbering.