CA AB2887

Allows the State Compensation Insurance Fund to insure California employers for workers' compensation benefits under other states' laws when California employees work temporarily out-of-state on specific assignments, provided the fund insures the employer's other in-state employees.

Limits coverage to employers whose principal place of business is in California with the majority of operations and employees located in California.

Authorizes the fund to contract as a reinsurer only with admitted insurers that have an A- or better A.M. Best rating, substantial workers' compensation reinsurance experience, and a minimum surplus of $100 million.

Prohibits the fund from initiating paid advertising or soliciting sponsorship of advertising campaigns to market out-of-state workers' compensation coverage to prospective insureds.

Removes the December 31, 2016 sunset date on these out-of-state insurance provisions, making them permanent.