h_bus_2017a_2017-03-23t13:32:39z0 Hearing Summary

Date: 03/23/2017

Location: LSB A

01:33 PM -- HB 17-1231



Representative Arndt and Representative Lawrence introduced House Bill 17-1231. The bill reorganizes and relocates statutes related to financial examinations and market conduct examinations of insurance companies into separate parts of Title 10 of the Colorado Revised Statutes.



01:38 PM -- Mike Whitlock, American Surety Company, testified on the bill from a neutral position.



01:39 PM -- Jeff Clayton, American Bail Coalition, testified on the bill from a neutral position.



01:41 PM -- Rob Southey, Bankers Insurance Company, testified on the bill from a neutral position. Mr. Southey responded to questions from the committee.



01:45 PM -- Margaret Cook, Land Title Association of Colorado, testified in support of the bill.



01:46 PM -- Daniel Furman, USAA, testified in support of the bill. Mr. Furman responded to questions from the committee.



01:49 PM -- Marguerite Salazar, Insurance Commissioner, Division of Insurance within the Colorado Department of Regulatory Agencies, testified in support of the bill. Commissioner Salazar responded to questions from the committee.



01:54 PM -- Mike Conway, Deputy Commissioner of Insurance, Division of Insurance within the Colorado Department of Regulatory Agencies, testified in support of the bill. Deputy Commissioner Conway responded to questions from the committee.



01:58 PM



The chair laid the bill over for action at a later date.