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CA AB866

Bill

Official Source

Status

Passed

10/11/2009

Primary Sponsor

Roger Niello

Click for details

Origin

State Assembly

2009-2010 Session

AI Summary

  • Moves the California Earthquake Authority's annual reporting deadline from May 1 to August 1 each year
  • Requires the authority to post its annual report on its official Internet Web site
  • Annual report must include financial condition, rates, rating plans, market share analysis, and program recommendations
  • Separate summary report on financial capacity must be included and made available to the public
  • Authority must submit reports to Legislature and Insurance Commissioner within 120 days of seismic events causing claim payments

Legislative Description

California Earthquake Authority.

Last Action

Chaptered by Secretary of State - Chapter 480, Statutes of 2009.

10/11/2009

Committee Referrals

Appropriations7/13/2009
Rules5/28/2009
Appropriations5/13/2009
Insurance3/23/2009

Full Bill Text

No bill text available