SB 2374 ND Became Law
AN ACT to create and enact two new sections to chapter 26.1-30, two new sections to chapter 26.1-39, a new section to chapter 26.1-44, and a new subsection to section 26.1-46-03 of the North Dakota Century Code, relating to mandatory arbitration endorsements for property insurance, managed repair programs, civil remedy actions against property insurers, notice of property insurance claims, and surplus lines insurance policies; to amend and reenact sections 26.1-02-05, 26.1-25-02.1, 26.1-25-16, 26.1-26-04.1, 26.1-44-03, 26.1-46-01, 26.1-46-08, and 26.1-46-08.1 of the North Dakota Century Code, relating to exceptions to unauthorized insurance transactions, exceptions for large commercial risks in fire, property, and casualty insurance rates, surplus lines insurance, risk retention groups and purchasing groups, restrictions on insurance purchased by purchasing groups, and purchasing group taxation and fees; to repeal section 26.1-44-03.3 of the North Dakota Century Code, relating to an exemption from search requirements for licensed surplus line producers; to provide for a legislative management report; and to provide a penalty.
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Summary
Relating to mandatory arbitration endorsements for property insurance, managed repair programs, civil remedy actions against property insurers, notice of property insurance claims, and surplus lines insurance policies; to amend and reenact sections 26.1‑02‑05, 26.1‑25‑02.1, 26.1‑25‑16, 26.1‑26‑04.1, 26.1‑44‑03, 26.1‑46‑01, 26.1‑46‑08, and 26.1‑46‑08.1 of the North Dakota Century Code, relating to exceptions to unauthorized insurance transactions, exceptions for large commercial risks in fire, property, and casualty insurance rates, surplus lines insurance, risk retention groups and purchasing groups, restrictions on insurance purchased by purchasing groups, and purchasing group taxation and fees; to repeal section 26.1‑44‑03.3 of the North Dakota Century Code, relating to an exemption from search requirements for licensed surplus line producers; to provide for a legislative management report; and to provide a penalty.
Sponsor (1)
- Jeff Barta Republican · primary
5 coauthors / cosponsors
- David Hogue Republican · cosponsor
- Jorin Johnson Republican · cosponsor
- Jerry Klein Republican · cosponsor
- Mike Lefor Republican · cosponsor
- Jonathan Warrey Republican · cosponsor
Action history (26)
- Jan 27, 2025 Introduced, first reading, referred Industry and Business Committee · upper
- Feb 5, 2025 Committee Hearing 10:00 · upper
- Feb 18, 2025 Reported back amended, do pass, amendment placed on calendar 5 0 0 · upper
- Feb 19, 2025 Amendment adopted, placed on calendar · upper
- Feb 19, 2025 Second reading, passed, yeas 45 nays 2 · upper
- Feb 20, 2025 Received from Senate · lower
- Feb 21, 2025 Introduced, first reading, referred Industry, Business and Labor Committee · lower
- Mar 18, 2025 Committee Hearing 02:30 · lower
- Apr 2, 2025 Reported back amended, do pass, amendment placed on calendar 7 4 3 · lower
- Apr 3, 2025 Amendment adopted, placed on calendar · lower
- Apr 8, 2025 Second reading, passed as amended, yeas 76 nays 17 · lower
- Apr 9, 2025 Returned to Senate (12) · upper
- Apr 11, 2025 Refused to concur · upper
- Apr 11, 2025 Conference committee appointed Barta Kessel Klein · upper
- Apr 15, 2025 Conference committee appointed J. Johnson C. Brown Vollmer · lower
- Apr 21, 2025 Reported back from conference committee, in place of, placed on calendar · upper
- Apr 21, 2025 Conference committee report adopted · upper
- Apr 21, 2025 Second reading, passed, yeas 46 nays 1 · upper
- Apr 21, 2025 Reported back from conference committee, in place of, placed on calendar · lower
- Apr 24, 2025 Conference committee report adopted · lower
- Apr 24, 2025 Second reading, passed as amended, yeas 79 nays 14 · lower
- Apr 28, 2025 Signed by Speaker · lower
- Apr 29, 2025 Signed by President · upper
- Apr 29, 2025 Sent to Governor · upper
- May 1, 2025 Signed by Governor 04/30 · upper
- May 2, 2025 Filed with Secretary Of State 05/01 · legislature
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