HB3917 - Tennessee: Commerce And Insurance, Dept. Of

Companion Bill SB4006. Commerce and Insurance, Dept. of - Requires that expenses of an examination charged by the department to an insurance company will be a credit against the company's premium taxes. - Amends TCA Title 56, Chapter 1, Part 4. Fiscal Summary for *HB3917 / SB4006Decrease State Revenue - $2,014,600 Bill Summary for *HB3917 / SB4006 Present law requires the commissioner of commerce and insurance to examine insurance companies under the following circumstances: (1) Before granting certificates of authority to an insurance company to issue policies or make contracts of insurance, the commissioner of commerce and insurance must be satisfied, based on any examination and evidence that the commissioner sees fit to make and require, that a company is duly qualified under the laws of the state to transact business; (2) As [...]

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