Introduced
by
To require certain large insurers or “insurance groups” to have an “internal audit function providing independent, objective, and reasonable assurance…regarding the insurer's governance, risk management, and internal controls”.
Referred to the Committee on Insurance
Reported without amendment
Refer to the Committee on Ways and Means with the recommendation that the substitute (H-2) be adopted.
Referred to the Committee on Ways and Means
Reported without amendment
With the recommendation that the substitute (H-3) be adopted and that the bill then pass.
Passed in the House 103 to 2 (details)
Referred to the Committee on Insurance and Banking
Reported without amendment
With the recommendation that the bill pass.
Passed in the Senate 36 to 0 (details)
To require certain large insurers or “insurance groups” to have an “internal audit function providing independent, objective, and reasonable assurance…regarding the insurer's governance, risk management, and internal controls”.