summary
Introduced
01/23/2017
01/23/2017
In Committee
01/23/2017
01/23/2017
Crossed Over
Passed
Dead
12/31/2018
12/31/2018
Introduced Session
190th General Court
Bill Summary
For legislation to increase maximum liabilities of annuity benefit insurance payable by the Massachusetts Life and Health Insurance Guaranty Association. Financial Services.
AI Summary
This bill proposes to increase the maximum liabilities of annuity benefit insurance payable by the Massachusetts Life and Health Insurance Guaranty Association from $100,000 to $500,000. The bill amends section 146B of chapter 175 of the General Laws, which governs the operations of the Guaranty Association, a state-run entity that provides protection for policyholders in the event of an insurance company's insolvency.
Committee Categories
Business and Industry
Sponsors (1)
Last Action
Accompanied a study order, see H4778 (on 07/18/2018)
Official Document
bill text
bill summary
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bill summary
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bill summary
| Document Type | Source Location |
|---|---|
| State Bill Page | https://malegislature.gov/Bills/190/H2204 |
| Bill | https://malegislature.gov/Bills/190/H2204.pdf |
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