Honorable Kelly Hancock, Chair, Senate Committee on Business & Commerce
FROM:
Jerry McGinty, Director, Legislative Budget Board
IN RE:
SB1367 by Creighton (Relating to the modernization of regulation of commercial property and casualty insurance.), As Introduced
No significant fiscal implication to the State is anticipated.
Based on the analysis of the State Office of Risk Management and the Department of Insurance, any costs associated with implementation of the bill's provisions could be absorbed within existing resources.
Local Government Impact
No significant fiscal implication to units of local government is anticipated.
Source Agencies:
454 Department of Insurance, 479 State Office of Risk Management