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HB0003 • 2015

Department of insurance-fine schedules.

AN ACT relating to insurance; applying penalty provisions to persons who instruct others to violate the law as specified; increasing civil penalties and aggregate limits which can be assessed by the insurance commissioner; allowing the insurance commissioner to collect the costs of investigatory and administrative proceedings; and providing for an effective date.

Elections
Enacted

This bill passed the Legislature and reached final enactment based on the latest official action.

Sponsor
Corporations
Last action
2015-02-25
Official status
enrolled
Effective date
7/1/2015

Plain English Breakdown

The plain English breakdown is still being put together. The official documents below are already here.

Amendments

These notes stay tied to the official amendment files and metadata from the legislature.

HB0003H2001

2nd reading • Northrup

Failed

Plain English: Failed 2nd reading by Northrup

  • This amendment summary is using official source text because generated interpretation was skipped for this run.
  • The official amendment text was available, but an easy plain-English summary could not be produced automatically during the last sync.
HB0003HW001

Committee of the Whole • Zwonitzer, Dn.

Adopted

Plain English: Adopted Committee of the Whole by Zwonitzer, Dn.

  • This amendment summary is using official source text because generated interpretation was skipped for this run.
  • The official amendment text was available, but an easy plain-English summary could not be produced automatically during the last sync.
HB0003HS001

Standing Committee • HCorporations

Failed

Plain English: Failed Standing Committee by HCorporations

  • This amendment summary is using official source text because generated interpretation was skipped for this run.
  • The official amendment text was available, but an easy plain-English summary could not be produced automatically during the last sync.

Bill History

  1. 2015-02-25 LSO

    Assigned Chapter Number

  2. 2015-02-25 Governor

    Governor Signed HEA No. 0009

  3. 2015-02-20 Senate

    S President Signed HEA No. 0009

  4. 2015-02-20 House

    H Speaker Signed HEA No. 0009

  5. 2015-02-12 LSO

    Assigned Number HEA No. 0009

  6. 2015-02-12 Senate

    S 3rd Reading:Passed 30-0-0-0-0

  7. 2015-02-11 Senate

    S 2nd Reading:Passed

  8. 2015-02-10 Senate

    S COW:Passed

  9. 2015-02-10 Senate

    S Placed on General File

  10. 2015-02-10 Senate

    Corporations:Recommend Do Pass 5-0-0-0-0

  11. 2015-02-04 Senate

    S Introduced and Referred to S07 - Corporations

  12. 2015-01-22 Senate

    S Received for Introduction

  13. 2015-01-19 House

    H 3rd Reading:Passed 42-18-0-0-0

  14. 2015-01-16 House

    H 2nd Reading:Passed

  15. 2015-01-16 House

    Amendment failed

  16. 2015-01-15 House

    H COW:Passed

  17. 2015-01-15 House

    Amendment Adopted

  18. 2015-01-15 House

    Amendment failed

  19. 2015-01-14 House

    Corporations:Recommend Amend and Do Pass 9-0-0-0-0

  20. 2015-01-14 House

    H Placed on General File

  21. 2015-01-13 House

    H Introduced and Referred to H07 - Corporations

  22. 2015-01-13 House

    H Received for Introduction

  23. 2014-12-01 LSO

    Bill Number Assigned

Official Summary Text

Summary for LSO115
Bill No.:
HB0003
Effective

Date:
7/1/2015

LSO No.:
15LSO-0121

Enrolled Act No.:
HEA 9

Chapter No.:
13

Prime Sponsor:
Joint Corporations, Elections & Political Subdivisions Interim Committee

Catch Title:
Department of insurance-fine schedules.

Subject:
Insurance regulation fines and penalties.

Summary/Major Elements:

This act revises the applicability and amount of fines that can be assessed by the Insurance Commissioner against those who violate the insurance code.

The act extends penalties to those who instruct their agents or adjusters to violate the insurance code.

The act doubles applicable fine amounts and amends the time periods over which fines can be imposed.

The act allows the Insurance Commissioner to impose up to $500 in costs against a person against whom an action has been taken by the Commissioner.
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.

Current Bill Text

Read the full stored bill text 
ORIGINAL
House
Bill No
.
HB0003

ENROLLED ACT NO.
9
,

HOUSE OF REPRESENTATIVES

SIXTY-THIRD LEGISLATURE OF THE STATE OF WYOMING
2015 General Session

AN ACT relating to insurance; applying penalty provisions to persons who instruct others to violate the law as specified; increasing civil penalties and aggregate limits which can be assessed by the insurance commissioner; allowing the insurance commissioner to collect the costs of investigatory and administrative proceedings; and providing for an effective date.

Be It Enacted by the Legislature of the State of Wyoming:

Section 1
.

W.S. 26
‑
1
‑
107(
b) and 26
‑
9
‑
211 by creating new subsection (d) are amended to read:

26
‑
1
‑
107
.

General criminal and civil penalties.

(b)

Any person who violate
s
, or who instruct
s his
agent or adjuster to violate,

any provision of this code, any lawful rule or final order of the commissioner or any final judgment or decree made by any court,

upon the commissioner's application, shall pay a civil penalty in an amount the commissioner determines of not more than
t
wo thousand five hundred dollars ($2,500.00)
five thousand dollars ($5,000.00)

for each offense, o
r
twenty
‑
five thousand dollars ($25,000.00
)
fifty thousand dollars ($50,000.00)
i
n the aggregate for all
such
offenses within an
y
three (3
)
month
one (1)
year

period. In the case of individual agents or adjusters, the civil penalty shall be not more than
five hundred dollars ($500.00)
one thousand dollars ($1,000.00)

for each offense o
r
five thousand dollars ($5,000.00)
ten thousand dollars ($10,000.00)
i
n the aggregate for all
such
offenses within an
y
three (3)
month
one (1)
year

period. The penalty shall be collected from the violator and paid by the commissioner, or the appropriate court, to the state treasurer and credited as provided in W.S. 8
‑
1
‑
109.

26
‑
9
‑
211
.

License denial, nonrenewal or revocation.

(d)

The commissioner may, after providing appropriate notice and opportunity for hearing as required in subsection (a) of this section, levy against any person against whom action has been taken by the commissioner the reasonable costs of investigation and administrative proceedings, not to exceed five hundred dollars ($500.00).

Section
2
.

This
act is effective July 1,
2015
.

(END)

Speaker of the House

President of the Senate

Governor

TIME APPROVED: _________

DATE APPROVED: _________

I hereby certify that this act originated in the House.

Chief Clerk

1