HB4247 — Relating to authorizing the Insurance Commission to promulgate a legislative rule relating to credit for reinsurance.

HB4247 — Relating to authorizing the Insurance Commission to promulgate a legislative rule relating to credit for reinsurance. · Informed CitizenryHB4247 authorizes the state's Insurance Commission to create new rules regarding how insurance companies can use 'reinsurance,' which essentially involves one insurer taking on risk from another.…Open in Informed Citizenry