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CA AB3154
Bill
Status
Introduced
2/16/2024
Primary Sponsor
Phillip Chen
Click for details
AI Summary
- Increases the maximum penalty for willfully violating motor vehicle liability insurance refusal disclosure requirements from $1,000 to $1,500 per violation
- Applies to admitted insurers licensed to issue motor vehicle liability policies and licensed insurance agents who refuse to accept applications or issue policies
- Requires insurers or agents to provide written explanations for refusals within 30 days of a written request from the applicant
- Makes technical, nonsubstantive changes to the language of Section 657 of the Insurance Code for clarity
Legislative Description
Motor vehicle liability insurance refusals.
Last Action
Referred to Com. on INS.
3/11/2024
Committee Referrals
Insurance3/11/2024
Full Bill Text
No bill text available