Summary of the Truly Agreed Version of the Bill

HCS HB 1198 -- INSURANCE HOLDING COMPANIES

This bill subjects holding companies for property and casualty
insurers to the same extraordinary dividend restrictions and
requirements as holding companies for life and title insurers.
The bill also clarifies net income as excluding net realized
capital gains to the extent that realized capital gains exceed
realized capital losses.

Copyright (c) Missouri House of Representatives

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Missouri House of Representatives
92nd General Assembly, 2nd Regular Session
Last Updated September 23, 2004 at 11:14 am