ND HB1124

Requires insurance holding company systems to file annual group capital calculations with lead state commissioners, following National Association of Insurance Commissioners (NAIC) instructions, with exemptions for single-insurer systems, those supervised by the Federal Reserve, or those with qualifying non-U.S. groupwide supervisors

Mandates liquidity stress testing for insurers meeting NAIC scope criteria, with results filed annually to lead state commissioners and scope criteria reviewed at least annually by the NAIC Financial Stability Task Force

Adds new definitions for "group capital calculation instructions," "liquidity stress test framework," "person," and "scope criteria" to insurance holding company regulations

Authorizes commissioners to require insurers in hazardous financial condition to secure deposits or bonds for protection during contracts with affiliates, and establishes that insurer records held by affiliates remain insurer property subject to insurer control

Expands confidentiality protections to cover group capital calculations, liquidity stress test results, and related information, while prohibiting misleading public statements about these regulatory tools