Enrolled Bill Summary

House Bill 2830 amends the Insurance Code to declare a concern that the state not become a safe harbor for persons or insurers engaged in the unauthorized business of insurance, regardless of whether the insureds or other persons affected by the unauthorized business are residents of the state. The bill also establishes that certain acts by an unlicensed or unauthorized person or insurer that occur in the state and that affect a person in another state or jurisdiction constitute the business of insurance.