Requires the director of the Department of Insurance and Financial Services to provide written notice to the legislative standing committees on insurance no later than 10 days after suspending an insurer's authority to transact insurance or a license to operate in this state when the insurer has failed to pay an assessment, interest or penalty when due.
Signed by the Governor
(10/7/2025; Signed: October 7, 2025, Effective: October 7, 2025)