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ME LD1402
Bill
Status
5/21/2025
Primary Sponsor
Joshua Morris
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AI Summary
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Convenes a stakeholder group to study the long-term solvency of the Maine Guaranteed Access Reinsurance Association
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Requires the stakeholder group to develop recommendations for the Legislature on solutions to maintain the association's solvency
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Introduced as a concept draft pursuant to Joint Rule 208, meaning specific details will be developed through the legislative process
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Referred to the Committee on Health Coverage, Insurance and Financial Services
Legislative Description
An Act to Convene a Stakeholder Group to Determine Methods of Ensuring the Long-term Solvency of the Maine Guaranteed Access Reinsurance Association
Insurance Practices
Last Action
Pursuant to Joint Rule 310.3 Placed in Legislative Files (DEAD)
5/21/2025