HB 790 -- Expenses of the Department of Insurance, Financial
Institutions, and Professional Registration

Sponsor:  Wilson (130)

This bill revises the fee schedules for health services
corporations, health maintenance organizations, and insurance
companies and for certain document filing fees paid by these
organizations.

Assessments made against insurance companies for examination
purposes will include:

(1)  The cost of compensation, including benefits, for the
examiners, analysts, actuaries, and attorneys contributing to the
examination of the company;

(2)  Reasonable travel, lodging, and meal expenses for an on-site
examination; and

(3)  Other expenses of the examination.

The Director of the Department of Insurance, Financial
Institutions, and Professional Registration must pay these
expenses from the Insurance Examiners Fund, and the Insurance
Dedicated Fund may be used for the regulation of the business of
insurance and the operation of the Division of Consumer Affairs.

All domestic insurance companies subject to orders of
conservation, rehabilitation, or liquidation must reimburse the
Insurance Dedicated Fund for administrative services rendered by
state employees to the company.

Provisions regarding the Insurance Examiner's Sick Leave Fund are
repealed.

Missouri House of Representatives
94th General Assembly, 1st Regular Session
Last Updated July 25, 2007 at 11:20 am