Agenda:
The committee has scheduled a meeting to consider the following bills:
Bill No. 32-0232 – An Act amending Title 22 of the Virgin Islands Code, chapter 21, section 514 and adding chapter 22 relating to life and health reinsurance agreements
Bill No. 32-0233 – An Act amending Title 22, V.I.C., adding, chapter 26 to provide for Annual Audit and Financial Reporting to meet the accreditation standards established by the National Association of Insurance Commissioners and to update the Insurance Law of the Territory placing them on par with other Untied States jurisdictions to give greater and more effective protection to the policyholders of the territory; and repealing Title 22, V.I.C., section 222a
Bill No. 32-0234 – An Act amending Title___, V.I.C., chapter 43, by adding a subchapter II enacting the Property and Casualty Actuarial Opinion Act to meet the accreditation standards established by the National Association of Insurance Commissioners in its model laws to update the Insurance Laws of the territory