SB 1158 Insurance; reciprocals.
Bryce E. Reeves (by request) | all patrons    ...    notes
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Summary as passed Senate: (all summaries)

Insurance; reciprocals. Allows a foreign reciprocal to obtain a license to transact the business of insurance in the Commonwealth if an affiliate of the foreign reciprocal is licensed to write the class of insurance it proposes to write in Virginia and is writing actively that class of insurance in its state of domicile or at least two other states. The measure also provides that a foreign or alien reciprocal is prohibited from transacting the business of insurance in Virginia until it obtains from the State Corporation Commission both a certificate of authority and a license to transact the business of insurance in the Commonwealth.

Full text:
01/09/17  Senate: Prefiled and ordered printed; offered 01/11/17 17100812D  pdf | impact statement
01/26/17  Senate: Printed as engrossed 17100812D-E  pdf | impact statement
02/22/17  Senate: Bill text as passed Senate and House (SB1158ER)  pdf | impact statement
03/20/17  Governor: Acts of Assembly Chapter text (CHAP0655)  pdf

Amendments:
Senate amendments

Status:
01/09/17  Senate: Prefiled and ordered printed; offered 01/11/17 17100812D
01/09/17  Senate: Referred to Committee on Commerce and Labor
01/23/17  Senate: Reported from Commerce and Labor with amendments (15-Y 0-N)
01/25/17  Senate: Constitutional reading dispensed (40-Y 0-N)
01/26/17  Senate: Read second time
01/26/17  Senate: Reading of amendments waived
01/26/17  Senate: Committee amendments agreed to
01/26/17  Senate: Engrossed by Senate as amended SB1158E
01/26/17  Senate: Printed as engrossed 17100812D-E
01/27/17  Senate: Read third time and passed Senate (39-Y 0-N)
01/31/17  House: Placed on Calendar
01/31/17  House: Read first time
01/31/17  House: Referred to Committee on Commerce and Labor
02/14/17  House: Reported from Commerce and Labor (22-Y 0-N)
02/16/17  House: Read second time
02/17/17  House: Read third time
02/17/17  House: Passed House BLOCK VOTE (99-Y 0-N)
02/17/17  House: VOTE: BLOCK VOTE PASSAGE (99-Y 0-N)
02/22/17  Senate: Enrolled
02/22/17  Senate: Bill text as passed Senate and House (SB1158ER)
02/22/17  Senate: Signed by President
02/22/17  House: Signed by Speaker
02/23/17  Senate: Enrolled Bill Communicated to Governor on 2/23/17
02/23/17  Governor: Governor's Action Deadline Midnight, March 27, 2017
03/20/17  Governor: Approved by Governor-Chapter 655 (effective 7/1/17)
03/20/17  Governor: Acts of Assembly Chapter text (CHAP0655)