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SS/HB 1361 - This act regulates nonadmitted insurers who are domiciled in Missouri and meet certain conditions to sell types of insurance not provided by admitted insurers. Domestic surplus lines insurers may write any type of policy that a nonadmitted insurer not domiciled in Missouri may write. These policies are exempt from certain statutory requirements to the same extent as a nonadmitted insurer domiciled in another state. They are subject to taxes on surplus lines policies including the surplus premium lines tax under Section 384.059 but will not be subject to other taxes levied on admitted insurers whether domestic or foreign such as taxes imposed under Section 148.320. Surplus lines insurers are subject to financial solvency requirements unless specifically exempted. This act also modifies what is required of contracting entities when selling, assigning, or otherwise granting access to the dental care services of participating providers and third parties that purchase or access those services through the contracting party. Contracting entities are required to provide information to participating providers to identify third parties that have contracted to receive access to dental services from the participating providers both in writing upon request or entering a contract with participating providers and on a regularly updated list available through a website or toll-free number. This act has provisions identical to SB 884 (2014). MICHELA BIRK
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