AR SB499

Repeals the State Securities Department's quarterly reporting requirement to the Legislative Council on funds received from court orders or settlement agreements, including disbursement plans and investor education activities

Repeals the standalone annual health insurance fraud report (due March 1) but consolidates that information into the Insurance Commissioner's existing annual report to the Secretary of Commerce

Repeals the Risk Management Division Administrator's annual report to the Governor and Legislative Council on findings and recommendations

Eliminates the State Insurance Department's annual October 1 reporting requirement to the Legislative Council regarding Health Insurance Marketplace assessment and user fee recommendations

Changes craniofacial coverage reporting under Wendelyn's Law from mandatory biannual reports to reports submitted only upon request from a cochair of the House or Senate Insurance and Commerce committees