Nonpartisan civic infrastructure
AllCiv·Legis1
·

SB 2374

BillStateNDSenate
AN ACT to create and enact two new sections to chapter 26.1-30, two new sections to chapter 26.1-39, a new section to chapter 26.1-44, and a new subsection to section 26.1-46-03 of the North Dakota Century Code, relating to mandatory arbitration endorsements for property insurance, managed repair programs, civil remedy actions against property insurers, notice of property insurance claims, and surplus lines insurance policies; to amend and reenact sections 26.1-02-05, 26.1-25-02.1, 26.1-25-16, 26.1-26-04.1, 26.1-44-03, 26.1-46-01, 26.1-46-08, and 26.1-46-08.1 of the North Dakota Century Code, relating to exceptions to unauthorized insurance transactions, exceptions for large commercial risks in fire, property, and casualty insurance rates, surplus lines insurance, risk retention groups and purchasing groups, restrictions on insurance purchased by purchasing groups, and purchasing group taxation and fees; to repeal section 26.1-44-03.3 of the North Dakota Century Code, relating to an exemption from search requirements for licensed surplus line producers; to provide for a legislative management report; and to provide a penalty.
About This Bill
Latest Action · May 2, 2025
Filed with Secretary Of State 05/01
Session
69
Introduced
Jan 27, 2025
Primary Sponsor
Jeff Barta· primary

Summary

Highlight any text to annotate
Relating to mandatory arbitration endorsements for property insurance, managed repair programs, civil remedy actions against property insurers, notice of property insurance claims, and surplus lines insurance policies; to amend and reenact sections 26.1‑02‑05, 26.1‑25‑02.1, 26.1‑25‑16, 26.1‑26‑04.1, 26.1‑44‑03, 26.1‑46‑01, 26.1‑46‑08, and 26.1‑46‑08.1 of the North Dakota Century Code, relating to exceptions to unauthorized insurance transactions, exceptions for large commercial risks in fire, property, and casualty insurance rates, surplus lines insurance, risk retention groups and purchasing groups, restrictions on insurance purchased by purchasing groups, and purchasing group taxation and fees; to repeal section 26.1‑44‑03.3 of the North Dakota Century Code, relating to an exemption from search requirements for licensed surplus line producers; to provide for a legislative management report; and to provide a penalty.

Co-sponsors (5)

David Hogue · cosponsor
Jorin Johnson · cosponsor
Jerry Klein · cosponsor
Mike Lefor · cosponsor
Jonathan Warrey · cosponsor

Take Action

Your position
Add a comment
to comment on this bill.
Annotate the text
Highlight the summary on the Overview tab to attach a note. Annotations appear on the Annotations tab.