Enrolled Bill Summary

House Bill 922 amends the Insurance Code to require that three board members of the Life, Accident, Health, and Hospital Service Insurance Guaranty Association be appointed from employees and officials of the 50 largest member companies, rather than from the 10 largest member companies. The act specifies that a director of the association, rather than the companies or entities, is prohibited from having any direct or indirect pecuniary interest in certain association activities.