ID H0112

Requires insurers to maintain written records of all investments and loans, including details such as borrower/obligor name, property descriptions, appraised values, interest rates, and terms of repayment.

Expands disclosure requirements for officer and director conflicts of interest in investments, but exempts investments in U.S. publicly traded corporations where the officer/director owns less than 1% of outstanding stock or bonds, exchange-traded funds, or registered mutual funds.

Increases the limit for home office real estate investments from 10% to 15% of insurer assets, subject to director approval for amounts exceeding 15%.

Revises miscellaneous investment provisions to allow insurers to invest up to the lesser of 10% of assets or 75% of capital and surplus (excluding surplus notes) in non-standard investments, with single investment limitations of 5% of assets using CUSIP number identification.

Requires separate record-keeping for all miscellaneous investments acquired under the revised provisions.