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CA AB736
Bill
Status
2/17/2011
Primary Sponsor
Charles Calderon
Click for details
AI Summary
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Removes prohibition on insurance brokers transacting disability and health insurance, allowing brokers to handle these lines in addition to property and casualty insurance.
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Authorizes life licensees to act as agents or brokers (or both) when transacting accident and health insurance, eliminating the restriction that they only act as agents.
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Adds accident and health broker as a licensable capacity for organizations under Section 1637.
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Permits nonresidents to obtain accident and health broker licenses if they hold a resident life or disability insurance license in another state, territory, or Canadian province.
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Requires the Insurance Commissioner to notify legislative committee chairs when declaring a region an auto insurance fraud crisis area and include a summary of findings supporting the determination.
Legislative Description
Insurance: licenses: fraud prevention.
Last Action
Died pursuant to Art. IV, Sec. 10(c) of the Constitution. From committee: Filed with the Chief Clerk pursuant to Joint Rule 56.
2/1/2012