Relating to insurance ARTICLE 1 � RISK BASED CAPITAL FOR HEALTH ORGANIZATIONSEstablishing risk based capital requirements for health +organizations; defining certain terms; requiring and providing for domestic health +organizations to annually prepare and submit to the commissioner of commerce, the +national association of insurance commissioners (NAIC) and insurance +commissioners of other states of organization business upon request RBC reports, +providing for determination of the RBC levels and providing for commissioner +adjustment of the reports for inaccuracies correction purposes; requiring and +providing for health organizations preparation and submission to the commissioner +of RBC plans following a company action level event and providing for +implementation, requiring additional filing under certain conditions; specifying +certain duties of the commissioner following regulatory action or authorized or +mandatory control level events; granting health organizations the right to +confidential departmental hearings to challenge determinations or actions by the commissioner; providing for access to and use of RBC information; +providing for the supplemental effect of the provisions and authorizing +commissioner exemptions; providing for RBC reports or plans of foreign health +organizations, authorizing liquidation of property under certain conditions; +providing immunity from liability for the commissioner and department employees+ or agents for actions taken in the performance of duties; providing for the +effect of notices by the commissioner to health organizations resulting in +regulatory action ARTICLE 2 � MINIMUM STANDARD OF VALUATION FOR HEALTH INSURANCEEstablishing the minimum standard of valuation for health insurance, +specifying the purpose and scope and defining certain terms; specifying the +categories of reserves, requiring claim, unearned premium and contract reserves and specifying the minimum standards; providing for the determination of +increases to or credits against reserves carried resulting from reinsurance +assumed or ceded; enumerating specific standards for morbidity, interest and +mortality, prescribing a table for duration, adjustment factor and adjusted +termination rates for morbidity claim reserves ARTICLE 3 � MISCELLANEOUSModifying certain loss reserve certification requirements and +restrictions; clarifying certain risk based capital requirements of nonprofit +health service plan corporations and health maintenance organizations (HMOs); +providing for separate regulation of community integrated service network (CISNs) guaranteeing organizations; specifying a certain heading change +instruction to the revisor of statutes; repealing certain provisions relating to +financial and net worth and working capital requirements and guaranteeing +organizations of HMOs or nonprofit health service plan corporations ARTICLE 4 � SECURITIES REGULATION TECHNICAL CHANGESClarifying and expanding the authority of the commissioner of +commerce to disclose certain information and data to federally registered +national securities associations for investigation purposes (Ch. 285, 2004)