SB 2374: AN ACT to create and enact two new sections to chapter 26.1-30, two new sections to chapter 26.1-39, a new section to chapter 26.1-44, and a new subsection to section 26.1-46-03 of the North Dakota Century Code, relating to mandatory arbitration endorsements for property insurance, managed repair programs, civil remedy actions against property insurers, notice of property insurance claims, and surplus lines insurance policies; to amend and reenact sections 26.1-02-05, 26.1-25-02.1, 26.1-25-16, 26.1-26-04.1, 26.1-44-03, 26.1-46-01, 26.1-46-08, and 26.1-46-08.1 of the North Dakota Century Code, relating to exceptions to unauthorized insurance transactions, exceptions for large commercial risks in fire, property, and casualty insurance rates, surplus lines insurance, risk retention groups and purchasing groups, restrictions on insurance purchased by purchasing groups, and purchasing group taxation and fees; to repeal section 26.1-44-03.3 of the North Dakota Century Code, relating to an exemption from search requirements for licensed surplus line producers; to provide for a legislative management report; and to provide a penalty.

Official summary

Abstract published by the legislature (via Open States). Text as published by the legislature; reproduced verbatim.

Relating to mandatory arbitration endorsements for property insurance, managed repair programs, civil remedy actions against property insurers, notice of property insurance claims, and surplus lines insurance policies; to amend and reenact sections 26.1‑02‑05, 26.1‑25‑02.1, 26.1‑25‑16, 26.1‑26‑04.1, 26.1‑44‑03, 26.1‑46‑01, 26.1‑46‑08, and 26.1‑46‑08.1 of the North Dakota Century Code, relating to exceptions to unauthorized insurance transactions, exceptions for large commercial risks in fire, property, and casualty insurance rates, surplus lines insurance, risk retention groups and purchasing groups, restrictions on insurance purchased by purchasing groups, and purchasing group taxation and fees; to repeal section 26.1‑44‑03.3 of the North Dakota Century Code, relating to an exemption from search requirements for licensed surplus line producers; to provide for a legislative management report; and to provide a penalty.

Sponsors

Sponsors by party (alphabetical): Republican 6

“Support” is shown only as formal sponsorship recorded by the legislature. Roll-call votes are available on the official bill page.

Recent official actions

1. May 2, 2025Filed with Secretary Of State 05/01
2. May 1, 2025Signed by Governor 04/30
3. April 29, 2025Sent to Governor
4. April 29, 2025Signed by President
5. April 28, 2025Signed by Speaker
6. April 24, 2025Second reading, passed as amended, yeas 79 nays 14
7. April 24, 2025Conference committee report adopted
8. April 21, 2025Reported back from conference committee, in place of, placed on calendar
9. April 21, 2025Second reading, passed, yeas 46 nays 1
10. April 21, 2025Conference committee report adopted
11. April 21, 2025Reported back from conference committee, in place of, placed on calendar
12. April 15, 2025Conference committee appointed J. Johnson C. Brown Vollmer

Showing 12 most recent of 26 actions. Full history