Insurance

Automobile Insurance
Health Insurance
Miscellaneous

Automobile Insurance

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SB 719 (Vargas-D) Vehicles: motor carrier of property: insurance

Authorizes the Director of the Department of Motor Vehicles to initiate a rulemaking process, upon making a finding that the minimum coverage requirements are insufficient, to alter, by regulation, the required coverage amounts to better reflect market conditions, costs, and operational risks. Authorizes the Director to alter the minimum coverage requirements for motor carriers based on the time, place, and manner of their operations, including a motor carrier's operations while operating off of a public highway if that operation is being conducted pursuant to its motor carrier permit.
(In Senate Transportation and Housing Committee)

AB 125* (Assembly Insurance Committee) Insurance: guaranteed asset protection

Clarifies that a deductible required by an automobile insurance policy may be covered by guaranteed automobile protection insurance and related contracts.
Chapter 24, Statutes of 2011

AB 1024 (Hueso-D) Insurance: low-cost automobile insurance: sales

Authorizes insurance agents and brokers to sell low-cost auto insurance through an Internet Web site, and requires the California Automobile Assigned Risk Plan to create a Web site for referring consumers to certified agents or brokers for the purchase of low-cost automobile insurance. Requires the Department of Motor Vehicles to update the insert regarding the low-cost automobile insurance program that is included in registration renewals to reflect the online program established by this bill.
Chapter 401, Statutes of 2011

AB 1063 (Bradford-D) Automobile insurance: underinsured motorist coverage

Expands the scope of underinsured motorist coverage by repealing certain statutory limitations on the scope of coverage. Redefines "underinsured motor vehicle" as an insured vehicle which has liability limits, or coverage available, less than the damages suffered by the injured person or persons. Repeals the statutory "setoff" language that entitled the underinsured motorist insurer to obtain reimbursement or apply a reduction of the amount it owes to the extent of the amount received by the insured from the owner or operator of the underinsured vehicle.
(In Assembly Insurance Committee)

AB 1098 (Hagman-R) Automobile insurance: unlawful practices

Requires, under a law governing auto insurers and direct repair program administration, that a request by the Department of Insurance seeking confirmation by an insurer of a fact about a third party auto body repair shop be made to the insurer in written form.
(On Senate Inactive File)

Health Insurance

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SB 36 (Simitian-D) County Health Initiative Matching Fund

Allows local County Health Initiative Matching Fund programs to draw down federal matching funds to provide health insurance coverage to eligible children with family incomes at or below 400% federal poverty level (FPL), instead of up to 300% of the FPL in existing law, and requires persons receiving this coverage be ineligible for no share of cost Medi-Cal coverage and either ineligible for the Healthy Families Program or unable to enroll in the program as a result of specified enrollment policies due to insufficient funds.
Chapter 416, Statutes of 2011

SB 51 (Alquist-D) Health care coverage

Establishes enforcement authority in California law to implement provisions of the federal Patient Protection and Affordable Care Act related to Medical Loss Ratio requirements on health plans and health insurers and prohibitions on annual and lifetime benefits.
Chapter 644, Statutes of 2011

SB 122* (Price-D) Health care coverage: dependents

Exempts, from specified dependent coverage requirements, health care service plans or health insurance policies that provide only excepted benefits and retiree-only plans or policies.
(In Senate Health Committee)

SB 155 (Evans-D) Maternity services

Requires policies in the individual and group health insurance markets to provide coverage for maternity services. Creates a mandate on insurers and not health plans, as health plans must cover maternity benefits under current law.
(In Assembly Appropriations Committee)

SB 222 (Evans-D) Health insurance: maternity services

Requires every individual health insurance policy to provide coverage for maternity services for all insureds covered under the policy on or before 7/1/12. Defines "maternity services" to include prenatal care, ambulatory care maternity services, involuntary complications of pregnancy, neonatal care, and inpatient hospital maternity care, including labor and delivery and postpartum care.
Chapter 509, Statutes of 2011

SB 253 (Alquist-D) Health care coverage: acquired brain injuries

Provides that health care service plan contracts and health insurance policies may not deny coverage for medically necessary treatment of acquired brain injuries at any of various facilities that are properly licensed and accredited, as specified. Prohibits denial of coverage because the treating facility is not in or near the home of the enrollee or insured.
(In Senate Health Committee)

SB 255 (Pavley-D) Health care coverage

For purposes of insurance coverage of mastectomy procedures, revises the definition of mastectomy to specify that the partial removal of a breast includes lumpectomy, which includes surgical removal of a tumor with clear margins. Allows the length of a hospital stay associated with mastectomy procedures to be determined postsurgery, consistent with sound clinical principles and processes.
(In Senate Health Committee)

SB 615 (Calderon-D) Health care service plans: accident and health agents

Requires, on and after 1/1/13, solicitors and solicitor firms, and principal persons engaged in the supervision of solicitation for health care service plan contracts to complete specified training. Requires the Insurance Commissioner's curriculum board to make recommendations to the commissioner to instruct accident and health agents about the requirements imposed by the federal Affordable Care Act.
(In Assembly Health Committee)

SB 690 (Hernandez-D) Health care coverage: discrimination

Prohibits, beginning 1/1/14, health care service plans and health insurers from discriminating against a provider who is acting within the scope of that provider's license or certification.
(In Senate Appropriations Committee)

SB 703 (Hernandez-D) Health care coverage: Basic Health Program

Implements the Basic Health Program state option contained in the federal health care reform law, to provide health care coverage to individuals under 200% of poverty who do not qualify for Medi-Cal.
(In Assembly Appropriations Committee)

SB 728 (Hernandez-D) Health care coverage

Requires the board of the California Health Benefit Exchange to develop a risk adjustment system for health insurance products sold in and outside of the Exchange in the individual and small group insurance market, as specified.
(In Assembly Health Committee)

SB 751 (Gaines-R) Health care coverage: provider contracts

Prohibits contracts between health care service plans and health insurers (carriers) and a licensed hospital or health care facility owned by a licensed hospital from containing any provision that restricts the ability of the carrier from furnishing information to subscribers, enrollees, policyholders, or insureds (members) concerning cost range of procedures or the quality of services. Provides hospitals at least 20 days in advance to review the methodology and data developed and compiled by the carriers, requires risk adjustment factors for quality data, requires a disclosure on the carrier's Web site about the data developed and compiled by the carriers and an opportunity for a hospital to provide a link where the hospital's response to the data can be accessed.
Chapter 244, Statutes of 2011

SB 757 (Lieu-D) Health insurance: discrimination

Requires every group health care service plan contract and every policy or certificate of group health insurance marketed, issued, or delivered to a resident of this state, regardless of the situs of the contract to comply with existing law that provides for equal coverage for registered domestic partners.
Chapter 722, Statutes of 2011

SB 810 (Leno-D) Single-payer health care coverage

Creates the California Healthcare System (CHS), a single-payer health care system, administered by the California Healthcare Agency (CHA), to provide health insurance coverage to all California residents. Provides that the CHS and CHA would become operative when the Secretary of the Health and Human Services Agency determines that sufficient revenues are available to implement the bill's provisions, or the Secretary obtains a specified federal waiver, whichever is later.
(In Senate Appropriations Committee)

SB 866 (Hernandez-D) Health care coverage: prescription drugs

Requires the Department of Managed Health Care and the Department of Insurance to jointly develop a uniform prior authorization form for use on and after 1/1/13, or six months after the form is developed, that health plans and insurers must accept when prescribing providers seek authorization for prescription drug benefits.
Chapter 648, Statutes of 2011

SB 946 (Steinberg-D) Health care coverage: mental illness: autism

Requires health care service plans and health insurers to provide coverage for behavioral health treatment for pervasive developmental disorder and autism from 7/1/12 through 7/1/14, or earlier, as specified.
Chapter 650, Statutes of 2011

Similar bills are SB 166 (Steinberg-D) which is in Senate Health Committee and SB 770 (Steinberg-D) which is in the Assembly Appropriations Committee

SB 9X1* (Senate Budget And Fiscal Review Committee) Public health: managed care plan taxes

Extends the sunset on the gross premiums tax on managed care plans, from 7/1/11 to 7/1/12, for the purpose of raising additional revenue for the Healthy Families Program. This "MCO tax," created through AB 1422 (Bass-D), Chapter 157, Statutes of 2009, is projected to produce $207 million in revenue in 2011-12.
(Died in Assembly Budget Committee)

SB 12X1 (Senate Budget And Fiscal Review Committee) Budget Act of 2011

Appropriates $103.3 million in Special Funds (Children's Health and Human Services Special Fund) to the Healthy Families Program. Declares this bill to be operative only if revenues derived from the imposition of a tax, between 7/1/11 and 7/1/12, on Medi-Cal managed care plans are deposited into the Children's Health and Human Services Special Fund.
(Died in Assembly Budget Committee)

AB 36* (Perea-D) Health care: conformity

Makes changes to state tax and unemployment insurance laws to conform to specified provisions enacted by federal healthcare reform legislation. Conforms to federal provisions that allow for an exclusion or deduction from taxable income of costs to extend health benefits to adult children under the age of 27, as specified.
Chapter 17, Statutes of 2011

AB 52 (Feuer-D) Health care coverage: rate approval

Prohibits health care service plans and health insurers from implementing a rate for a new product or instituting a rate change unless it submits an application to the Department of Managed Health Care (DMHC) or the Department of Insurance and the application is approved. The Director of DMHC and the Insurance Commissioner would have the authority approve, deny, or modify any proposed rate or rate change.
(On Senate Inactive File)

AB 72 (Eng-D) Health care coverage: acupuncture

Requires group health plan contracts and group health insurance policies, including health policies provided to public employees, to require coverage of services provided by acupuncturists.
(In Assembly Appropriations Committee)

AB 97* (Assembly Budget Committee) Health care services

Contains necessary statutory changes to amend appropriations contained in the 2011 Budget Act for the Department of Developmental Services, Department of Health Care Services, and the Managed Risk Medical Insurance Board.
Chapter 3, Statutes of 2011

AB 102 (Assembly Budget Committee) Health Budget Trailer Bill

Makes changes to the Medi-Cal Program and related health care programs related to implementation of the Budget Bill for 2011-12. Eliminates the California Medical Assistance Commission.
Chapter 29, Statutes of 2011

AB 137 (Portantino-D) Health care coverage: mammographies

Requires health care service plan contracts and health insurance policies that are issued, amended, delivered, or renewed, on or after 7/1/12, to provide coverage for mammography for screening or diagnostic purposes upon referral by a health care professional, based on medical need, regardless of age.
(In Assembly Appropriations Committee)

AB 154 (Beall-D) Health care coverage: mental health services

Requires health plans and health insurers to provide coverage for mental health and substance abuse treatment at parity with other medical conditions. Exempts the California Public Employees' Retirement System and Medi-Cal from requirements established by the bill. Specifies that it shall not be deemed to require that a health plan participating in the California Health Benefits Exchange provide any greater coverage than is required pursuant to the minimum essential benefits package as defined by the federal government.
(In Assembly Appropriations Committee)

AB 171 (Beall-D) Health insurance: autism spectrum disorder

Requires health insurance plans and health care service plans to provide coverage for screening, diagnosis, and treatment services associated with autism spectrum disorders (ASDs), and defines certain types of health care services that must be covered to treat ASDs.
(In Assembly Appropriations Committee)

AB 174 (Monning-D) Health information exchange

Requires health information exchange demonstration projects permitted under existing law by the California Office of Health Information Integrity to be implemented with the full participation of health consumers and organizations concerned with protecting the privacy and security of patient information in the development of policies.
(In Senate Health Committee)

AB 185 (Roger Hernández-D) Health insurance: maternity services

Requires policies in the individual and group health insurance markets to provide coverage for maternity services. Creates a mandate on insurers and not health plans, as maternity benefits are already mandated for health plans. Requires maternity services to include prenatal care, ambulatory care, care for pregnancy complications, neonatal care, inpatient hospital maternity care, and postpartum care.
(In Assembly Appropriations Committee)

AB 210 (Roger Hernández-D) Health insurance: maternity services

Requires, as of 7/12/12, group health insurance policies to provide maternity services for all those insured.
Chapter 508, Statutes of 2011

AB 310 (Ma-D) Health insurance: prescription drugs

Prohibits health plan contracts and health insurance policies that cover outpatient prescription drugs from requiring coinsurance for outpatient prescription drug benefits, and imposes specified limitations on co-payments and out-of-pocket expenses for outpatient prescription drugs.
(In Assembly Appropriations Committee)

AB 369 (Huffman-D) Health care coverage: prescription drugs

Prohibits health plans and health insurers from requiring a patient to try and fail on more than two pain medications before allowing the patient access to the pain medication, or its generic equivalent, prescribed by his/her physician. Grants the prescribing physician control over the duration of any fail-first trials, and allows the physician to prescribe the desired medication without further authorization from the plan or insurer once two trials have been conducted.
(In Assembly Appropriations Committee)

AB 428 (Portantino-D) Health care coverage: fertility preservation

Requires health plan contracts and health insurance policies to cover fertility preservation services when fertility may be lost due to a medical intervention.
(In Assembly Appropriations Committee)

AB 439 (Skinner-D) Health care information

Provides an affirmative defense for a violation of the Confidentiality of Medical Information Act so that the plaintiff may not be awarded nominal damages if the defendant establishes that defense, as specified. Applies to actions brought on or after 1/1/12.
(In Assembly Judiciary Committee)

AB 443 (Bonilla-D) Health insurance: children with disabilities

Requires a county, upon referral and during the individualized education program planning process, to ask the parent or legal guardian of the child or youth whether the child or youth is covered by a private health insurance provider and, if the child or youth has private health insurance, authorizes the county or other provider to seek reimbursement from that insurance company for medically necessary services provided to the child or youth.
(In Assembly Education Committee)

AB 714 (Atkins-D) Health care coverage: California Health Benefit Exchange

Requires notices of health care eligibility be sent to individuals who are enrolled in, or who cease to be enrolled in, publicly-funded state health care programs.
(In Senate Appropriations Committee)

AB 726* (Morrell-R) Health savings accounts: rollovers

Excludes from gross income amounts distributed out of a 401(k) plan to an individual if the entire amount does not exceed $100,000 and is paid into a health savings account within 60 days.
(In Assembly Revenue and Taxation Committee)

AB 778 (Atkins-D) Health care service plans: vision care

Authorizes a registered dispensing optician, an optical company, a manufacturer or distributor of optical goods, or a nonoptometric corporation to own a specialized health care service plan that provides or arranges for the provision of vision care services, share profits with the specialized health care service plan, contract for specified business services with the specialized health care service plan, and jointly advertise vision care services with the specialized health care service plan.
(In Senate Business, Professions and Economic Development Committee)

AB 788 (Pan-D) Health insurance

Deletes the provisions requiring the Department of Insurance to report to the Legislature on the implementation of the regulations for standards applicable to health insurers that contract with providers for alternative rates.
(In Assembly Health Committee)

AB 792 (Bonilla-D) Health care coverage: California Health Benefit Exchange

Requires courts, health care service plans, health insurers, and employers to provide a notice of the availability of coverage in the California Health Benefit Exchange, effective 1/1/14.
(In Senate Appropriations Committee)

AB 854* (Garrick-R) Health savings accounts: income tax

Conforms to federal tax law with respect to health savings accounts for taxable years beginning on or after 1/1/12.
(In Assembly Revenue and Taxation Committee)

AB 922 (Monning-D) Health insurance: Office of Patient Advocate

Transfers the Department of Managed Health Care (DMHC) from the Business, Transportation and Housing Agency to the Health and Human Services Agency (HHSA), transfers the Office of the Patient Advocate (OPA) from DMHC to HHSA effective 7/1/12, revises OPA's current purpose and duties, and assigns new duties consistent with requirements of the Patient Protection and Affordable Care Act.
Chapter 552, Statutes of 2011

AB 999 (Yamada-D) Long-term care insurance

Revises long-term care insurance oversight to enhance consumer information, revises rate calculation requirements, and restricts the timing of rate changes.
(In Senate Insurance Committee)

AB 1000 (Perea-D) Health care coverage: cancer treatment

Requires a health care service plan contract or health insurance policy that provides coverage for cancer chemotherapy treatment to establish limits on enrollee out-of- pocket costs for prescribed, orally administered, nongeneric cancer medication.
(In Assembly Appropriations Committee)

AB 1083 (Monning-D) Health care coverage

Makes a number of changes to state laws governing the sale of small group health insurance products to largely conform state law to provisions in the federal Patient Protection and Affordable Care Act including, pertaining to self-employed individuals, the duration of premium rates, notification of availability of coverage, and notice of material modifications by carriers.
(On Senate Inactive File)

AB 1296 (Bonilla-D) Health Care Eligibility, Enrollment, and Retention Act

Establishes the Health Care Eligibility, Enrollment, and Retention Act. Requires the Health and Human Services Agency, in consultation with other state departments and stakeholders, to have undertaken a planning process to develop plans and procedures regarding these provisions relating to enrollment in state health programs and federal law. Requires that an individual would have the option to apply for state health programs through a variety of means.
Chapter 641, Statutes of 2011

AB 1334 (Feuer-D) Health care coverage

Requires each product offered or renewed in the individual market from 7/1/12 to 12/31/13 to disclose whether or not it offers minimum essential benefits. Requires, on or after 1/1/14, a health plan or insurer to categorize products offered or renewed in the individual market on the basis of actuarial value using the method contained in the Patient Protection and Affordable Care Act into one of five tiers. Also authorizes the Department of Managed Health Care and the Department of Insurance to review categorization of any product pursuant to this bill.
(In Senate Health Committee)

AB 30X1 (Blumenfield-D) Healthy Families Program Budget Trailer Bill

Appropriates an additional $103.3 million from the Children's Health and Human Services Special Fund (Budget Item 4280-101-3150) for the Healthy Families Program for 2011-12.
Chapter 16, Statutes of 2011, First Extraordinary Session

AJR 12 (Solorio-D) Strengthening Medicare and Repaying Taxpayers Act of 2011

Makes specified legislative findings and declarations regarding H.R. 1063 (the federal Medicare Secondary Payer Enhancement Act of 2011) and requests that the Congress and the President of the United States enact the measure.
Resolution Chapter 69, Statutes of 2011

Miscellaneous

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SB 131 (Gaines-R) Insurance: surplus line brokers

Clarifies the allocation of Department of Insurance reporting requirements under the surplus lines law when multiple brokers are involved in a single surplus lines transaction by permitting delegation of the responsibility by mutual agreement among the brokers as a recognized option.
Chapter 302, Statutes of 2011

SB 220 (Price-D) Life insurance: group policies

Increases the dependent child eligibility age to "until 26 years of age" so group life insurance can be offered on terms which are comparable to those made for dependent children under the federal Patient Protection and Affordable Care Act of 2010, and makes conforming changes to the provision of law that allows children older than 21 who are physically or mentally disabled to be included as an insured on the parent's policy by increasing that age to 26.
Chapter 126, Statutes of 2011

SB 277 (Vargas-D) Insurance: regulation of insurers

Adds National Association of Insurance Commissioners working groups and subgroups to the group of persons with immunity from civil liability for libel, slander, or any other cause of action by virtue of their collection, review, and analysis or dissemination of the data and information collected from the required filings.
(In Senate Judiciary Committee)

SB 590 (Calderon-D) Life insurance

Exempts the sale of certain life insurance policies for funeral and burial expenses from the requirement that the agent provide the senior with a notice at least 24 hours prior to the initial meeting, provided a 60-day cancellation period is allowed.
Vetoed

SB 596 (Price-D) Insurance: disclosures

Reduces, from 12-point type to 10-point type, the notice every insurer is required to send, upon receiving notice of a claim, to the insured. Requires the insurer to provide a legible reproduction of specified provisions of the Insurance Code when requested by the insured.
Chapter 240, Statutes of 2011

SB 599 (Kehoe-D) Life insurance: retained-asset account

Requires life insurers to provide beneficiaries with settlement options on the life insurance benefit claim form. Authorizes a retained asset account (RAA) to be the default method of settlement payment provided that the claim form provides a prominent disclosure, as specified, that the RAA will be the default payment mechanism if no other option is selected by the beneficiary, and requires that a life insurer who recommends to a policyholder or beneficiary that the beneficiary receive life insurance proceeds in the form of a RAA or any arrangement other than a lump-sum payment provide in writing to the policyholder or beneficiary the terms of each settlement option.
Chapter 423, Statutes of 2011

SB 621 (Calderon-D) Insurance: life: disability: discretionary clauses

Invalidates any provision in a life insurance or disability insurance policy that provides discretionary authority to the insurer to determine eligibility for benefits or coverage.
Chapter 425, Statutes of 2011

SB 631 (Evans-D) Insurance Commissioner: violations: remedies

Confers upon the Office of the Insurance Commissioner a new, broad authority to order restitution which is made independent of both historic constraints on the office that date to early statehood and others imposed as curative provisions after controversial conduct in the last decade.
(In Senate Insurance Committee)

SB 712 (Senate Insurance Committee) Insurance

Requires property and casualty insurers to annually submit a Statement of Actuarial Opinion in accordance with the instructions of the National Association of Insurance Commissioners, and extends the time for bonds to be issued to pay the claims of insolvent workers' compensation insurers.
Chapter 426, Statutes of 2011

SB 713 (Calderon-D) Insurance: proceeds: disclosure

Establishes the Life Insurance Proceeds Disclosure Act of 2011, which requires life insurers to provide disclosures regarding death settlement payment options, including retained asset accounts, to policyholders and beneficiaries, as specified. Requires the insurer to provide to the beneficiary a supplemental contract disclosing the rights of the beneficiary and obligations of the insurer if the beneficiary chooses death settlement payment to be placed into a retained asset account.
Chapter 130, Statutes of 2011

SB 714 (Senate Insurance Committee) Insurance: holding companies

Revises the definition of "insurer" to exclude agencies, authorities, or instrumentalities of the United States, its possessions and territories, the Commonwealth of Puerto Rico, the District of Columbia, or a state or political subdivision of a state. Further defines the term "enterprise risk" to mean any activity, circumstance, or event, or series of events, involving one or more affiliates of an insurer that, if not remedied promptly, is likely to have a material adverse effect upon the financial condition or liquidity of the insurer or its holding company system as a whole, as specified.
(In Senate Insurance Committee)

SB 715 (Calderon-D) Annuity transactions

Requires adoption of more stringent procedures to assess suitability of proposed annuity sales for customers, including requiring insurers to establish a system to supervise the suitability of annuity sale recommendations. Establishes mandatory standards, procedures and processes, for insurers and producers, for assessing suitability and monitoring annuity sales recommendations made to consumers so that the insurance needs and financial objectives of consumers at the time of the transaction are appropriately addressed.
Vetoed

SB 748 (Gaines-R) Insurance: replacement cost

Requires the curriculum committee appointed by the Insurance Commissioner to make recommendations to the Insurance Commissioner regarding instructing specified broker-agents and applicants for those broker-agent licenses in proper methods for estimating the replacement cost of structures.
(In Senate Insurance Committee)

AB 53 (Solorio-D) Insurers: procurement contracts

Requires that each admitted insurer with premiums written equal to or in excess of $100,000,000 to submit to the Insurance Commissioner, by 7/1/12, a report on its minority, women, and disabled veteran business enterprises procurement efforts, as specified. Failure to file the report, by 7/1/12, would subject the admitted insurer to civil penalties to be fixed by the Insurance Commissioner, as provided.
(In Assembly Appropriations Committee)

AB 315* (Solorio-D) Surplus line brokers

Conforms California law applicable to surplus line insurance to mandatory changes included in the federal Nonadmitted and Reinsurance Reform Act provisions of last year's Dodd-Frank Wall Street Reform and Consumer Protection Act.
Chapter 83, Statutes of 2011

AB 480 (Solorio-D) Insurance: solid waste facilities

Clarifies that a captive insurer meeting the statutory criteria of the Public Resources Code as a post-closure financial assurance mechanism is recognized as valid insurance under California's Insurance Code.
(In Senate Environmental Quality Committee)

AB 624 (John A. Pérez-D) Insurance: California Organized Investment Network

Extends the sunset date on the laws allowing tax credits for insurers and other taxpayers making qualified investments in community development financial institutions that invest in community development, and authorizes the Insurance Commissioner to appoint an advisory board.
Chapter 436, Statutes of 2011

AB 689 (Blumenfield-D) Insurance: annuity transactions

Requires that insurance producers and insurers selling annuities have reasonable grounds to believe that their recommendations are suitable for consumers, and adopts a regulatory process to enforce this requirement.
Chapter 295, Statutes of 2011

AB 690 (Solorio-D) Portable electronics insurance

Updates the laws governing the sale of insurance in connection with portable electronic devices and their accessories and associated services.
Chapter 165, Statutes of 2011

AB 705 (Blumenfield-D) Insurance: risk retention

Prohibits a domestic insurer from acquiring any direct or indirect investment, as defined, in Iran. Disallows and treats as a nonadmitted asset on the financial statements required to be filed with the Insurance Commissioner, any direct or indirect investment of an admitted foreign insurer in Iran.
(In Assembly Insurance Committee)

AB 736 (Charles Calderon-D) Insurance: licenses: fraud prevention

Authorizes a person licensed to transact accident and health insurance to be an agent, a broker, or both. Removes the prohibition on an "insurance broker" from transacting disability and health insurance. An insurance broker would continue to be prohibited from transacting life insurance. Defines a "life licensee" as a person authorized to act in one or more of the following capacities: life-only, and accident and health.
(In Assembly Appropriations Committee)

AB 793 (Eng-D) Insurance producers: reverse mortgages

Prohibits an insurance broker or agent from participating in or employing any party that participates in the origination of a reverse mortgage, except as specified.
Chapter 223, Statutes of 2011

AB 1004 (Hagman-R) Insurance: Conservation and Liquidation Office: receivership

Requires the Insurance Commissioner, through the Conservation and Liquidation Office, to publish with the court with jurisdiction over an insolvent insurer's estate information relating to approved claims.
(In Assembly Insurance Committee)

AB 1416 (Assembly Insurance Committee) Insurance omnibus

Repeals Insurance Code provisions that are inconsistent with more recent legislative enactments, makes technical corrections, and updates the codes.
Chapter 411, Statutes of 2011

AB 1425 (Assembly Insurance Committee) Insurance

Standardizes the adoption of future regulations implementing California's life settlement law under standard, rather than emergency, Administrative Procedures Act procedures, repeals an obsolete reporting requirement by the Insurance Commissioner regarding credit insurance agents, and repeals the requirement to adopt emergency regulations in connection with implementing the low-cost automobile insurance program.
Chapter 414, Statutes of 2011

Index (in Bill Order)