Relating to insurance

ARTICLE 1 - MUTUAL HOLDING COMPANY CHANGES

Modifying the definition of eligible member and policy; prohibiting policyholders of other insurance company subsidiaries of a mutual insurance holding company from being members of the mutual insurance holding company, exceptions; requiring reorganization plans to provide for describing a plan to send or otherwise make available to members the annual report and financial statement; authorizing a domestic insurance company previously reorganized into a stock subsidiary of a mutual insurance holding company to convert into a mutual insurance company with commissioner of commerce approval

ARTICLE 2 - INTERSTATE INSURANCE PRODUCT REGULATORY COMPACT

Enacting the Interstate Insurance Product Regulation Compact Act; specifying the form

ARTICLE 3 - MISCELLANEOUS INSURANCE REGULATORY CHANGES

Eliminating the requirement for certain surplus lines insurance policies to be stamped in red ink; modifying the date for registration of insurers; modifying commissioner of commerce criteria for course accreditation; authorizing licensees to obtain up to a certain number of credit hours per licensing period from classes in the area of professional development; providing for reinsurance of an affiliated insurance company
(ra)