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CA AB736

Bill

Status

Introduced

2/17/2011

Primary Sponsor

Charles Calderon

Click for details

Origin

State Assembly

2011-2012 Session

AI Summary

  • Removes prohibition on insurance brokers transacting disability and health insurance, allowing brokers to handle these lines in addition to property and casualty insurance.

  • 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.

  • Adds accident and health broker as a licensable capacity for organizations under Section 1637.

  • 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.

  • 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

Committee Referrals

Appropriations4/13/2011
Insurance3/7/2011

Full Bill Text

No bill text available