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Minutes for SB291 - Committee on Financial Institutions and Insurance
Short Title
Authorizing subpoena and investigative powers for the commissioner of insurance and certain law enforcement powers for insurance investigators in pursuance of insurance fraud violations.
Minutes Content for Thu, Feb 6, 2020
Chairman Olson opened the hearing on the bill.
Chairman Olson called upon Eileen Ma for a Revisor of Statutes review of the bill.
Chairman Olson called upon Lee Modesitt to provide the primary proponent testimony on the bill.
Mr. Modesitt provided proponent testimony to empower the department's anti-fraud with subpoena authority when conducting an investigation. He answered some technical questions from the committee. (Attachment 1)
Written Only Proponent Testimony:
Timothy Lynch, National Insurance Crime Bureau (Attachment 2)
Seeing no additional testimony, Chairman Olson closed the hearing on the bill.
