Loading chat...

CA AB2848

Bill

Official Source

Status

Failed

11/30/2016

Primary Sponsor

Cheryl Brown

Click for details

Origin

State Assembly

2015-2016 Session

AI Summary

  • Adds definition of "multiclass insurance" to California Insurance Code as insurance providing benefits from multiple insurance classes in a single policy or certificate subject to different regulatory standards

  • Requires the Department of Insurance to develop rules and regulations governing multiclass insurance

  • Applies to insurance that combines benefits from more than one class under Insurance Code Section 100 or disability insurance under Section 106

  • Requires majority vote to pass with no appropriation or state-mandated local program impacts

Legislative Description

Insurance.

Last Action

From committee without further action.

11/30/2016

Committee Referrals

Insurance3/14/2016

Full Bill Text

No bill text available