SB 234: Insurers’ Financial Transactions

GENERAL BILL by Smith

Insurers’ Financial Transactions; Requiring certain insurers to annually provide specified information to the Office of Insurance Regulation; requiring the office to contract annually with a specified entity to conduct a review of certain transactions; prohibiting an insurer from engaging in certain transactions with affiliates; prohibiting an insurer from declaring or paying dividends to shareholders or issuing executive bonuses under certain circumstances, etc.

Current Bill Version Posted: 10/17/2025 09:53 AM

• Senate Committee References (3)

  1. Banking and Insurance (BI)
  2. Appropriations Committee on Agriculture, Environment, and General Government (AEG)
  3. Fiscal Policy (FP)

• Related Bills (1)

  Bill Number Subject Filed By Last Action and Location	Relationship Learn more about bill relationships
  H 1399 by Berfield Property Insurance Affiliates Last Action: 3/13/2026 S Died in Rules	Compare

• Citations - Statute (2)

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  624.424	Annual statement and other information.	Page 1 (pdf)
  624.4244		Page 4 (pdf)

• Bill History

  S = Senate, H = House

  10/17/2025	S	• Filed
  11/3/2025	S	• Referred to Banking and Insurance; Appropriations Committee on Agriculture, Environment, and General Government; Fiscal Policy
  1/13/2026	S	• Introduced
  3/13/2026	S	• Died in Banking and Insurance