Prohibits life insurers from taking underwriting actions or charging different rates based upon a person's past or future lawful travel destinations unless such action is based upon sound actuarial principles.

 

Specifies that the owner of a dog that bites without provocation is strictly liable for damages; establishes crimes for knowingly producing, manufacturing, selling, distributing or possessing fraudulent auto insurance identification cards; prohibits persons 21 or younger from texting while driving; requires Missouri businesses to notify consumers of security breaches; and establishes penalties for securities fraud against the elderly or disabled.

 

Requires all group health policies to provide continuation of coverage provisions in the same manner as provided by COBRA.

 

Clarifies that insurers that pay premium taxes are exempt from Missouri income and franchise taxes; establishes crimes for knowingly producing, manufacturing, selling, distributing or possessing fraudulent auto insurance identification cards; authorizes Missouri’s participation in the Interstate Insurance Product Regulation Compact for filing of life, disability, annuity and long-term care products; changes surplus lines license renewals from annual to biennial; changes surplus lines tax reporting requirements and provides for surplus lines taxes to be paid directly to the Department of Revenue; requires health plans to offer coverage for prosthetic devices and services; prohibits life insurers from taking underwriting actions or charging different rates based upon a person’s past or future lawful travel destinations unless such action is based on sound actuarial principles; prohibits health insurers from imposing any co-payment that exceeds fifty percent of a single chiropractic service; and amends requirements related to the formation of captive insurance companies.

 

Authorizes association health plans to provide group health insurance to sole proprietors and self-employed individuals.