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CA AB2547
Bill
Status
Introduced
2/20/2026
Primary Sponsor
John Harabedian
Click for details
AI Summary
- Amends Insurance Code Section 10110.2 regarding life and disability insurance policies
- Makes technical, nonsubstantive changes to language about insurer reliance on applicant statements
- Changes phrasing from "no insurer shall" to "an insurer shall not" and "so relied upon" to "that are relied upon"
- Maintains existing protection allowing insurers to rely on applicant statements about insurable interest without incurring liability for untrue statements made in good faith
- Requires only a majority vote, no appropriation, and has no fiscal impact
Legislative Description
Life and disability insurance.
Last Action
From printer. May be heard in committee March 23.
2/21/2026
Full Bill Text
No bill text available