MS SB2739

Revises the definition of "negative trend" for life and health insurers to reference the "Life" RBC instructions for determining trend test calculations

Adds a new provision stating that insurance companies should maintain capital above minimum RBC levels, as additional capital helps secure insurers against various risks not fully measured by RBC requirements

Expands "company action level event" triggers for property and casualty insurers to include those with total adjusted capital less than 3.0 times their authorized control level RBC that trigger the trend test

Prohibits the commissioner and persons acting under the commissioner's authority from testifying in private civil actions concerning confidential RBC documents and materials

Authorizes the commissioner to share confidential RBC information with other state, federal, and international regulatory agencies, the NAIC, and law enforcement authorities, provided recipients maintain confidentiality