CA AB1696

Clarifies that insurers and insureds may agree to use an alternate plan of care in long-term care insurance policies even without explicit contractual authorization, and specifies that rejection of such a request is not a claim denial.

Requires admitted insurers to maintain financial records for the current year plus five previous years to support examinations by the Insurance Commissioner.

Changes redomestication procedures by requiring insurers redomesticating to California to file articles of incorporation and those redomesticating to another state to file a statement of redomestication with the Secretary of State.

Extends bond filing and maintenance requirements to personal lines broker-agents, and modifies limits on license qualification examination attempts to a maximum of 10 examinations of the same type in any 12-month period.

Authorizes the Director of Employment Development to disclose specified unemployment insurance information to the Department of Insurance for insurance fraud investigations and to the State Department of Developmental Services to support the Employment First Policy for individuals with developmental disabilities.