BILL NUMBER: AB 1511	INTRODUCED
	BILL TEXT


INTRODUCED BY   Committee on Insurance

                        MARCH 5, 2015

   An act to amend Sections 985.5, 1067.13, 1858.35, 11629.81 of, and
to repeal Section 11759.2 of, the Insurance Code, relating to
insurance.



	LEGISLATIVE COUNSEL'S DIGEST


   AB 1511, as introduced, Committee on Insurance. Insurance:
reports.
   Existing law requires the Insurance Commissioner to submit
specified reports, including reports on the insolvency of admitted
insurers and the number of complaints by persons aggrieved by a rate
charged, to the Governor and the Legislature. Existing law requires
the California Life and Health Insurance Guarantee Association to
submit a financial report on its activities to the Governor and the
Legislature.
   This bill would require those reports to be submitted to the
Senate Committee on Insurance and the Assembly Committee on Insurance
instead of to the Legislature.
   Existing law requires the California Automobile Assigned Risk Plan
to submit a report regarding the status of the low-cost automobile
insurance program administered by the plan to the commissioner
annually and as the plan deems prudent.
   This bill would require the plan to submit the report to the
Senate Committee on Insurance and the Assembly Committee on
Insurance, in addition to the commissioner.
   Existing law requires a licensed rating organization designated as
the commissioner's statistical agent to prepare a report on the
potential underreporting of workers' compensation exposure in the
taxicab industry, and to submit that report to the commissioner by
April 1, 2003, and to the Governor and the Legislature by May 1,
2003.
   This bill would repeal that provision.
   Vote: majority. Appropriation: no. Fiscal committee: no.
State-mandated local program: no.


THE PEOPLE OF THE STATE OF CALIFORNIA DO ENACT AS FOLLOWS:

  SECTION 1.  Section 985.5 of the Insurance Code is amended to read:

   985.5.  In the case of the insolvency of an admitted insurer, the
commissioner shall prepare a report, which shall be a public record,
with respect to the causes and factors which contributed to that
insolvency. The report shall be submitted to the  Governor
and to the Legislature   Governor, the Senate Committee
on Insurance, and the Assembly Committee on Insurance  no later
than one year from the date of the insolvency.
  SEC. 2.  Section 1067.13 of the Insurance Code is amended to read:
   1067.13.  The association shall be subject to examination and
regulation by the commissioner. The board of directors shall submit
to the commissioner, the Governor,  and the Legislature
  the Senate Committee on Insurance, and the Assembly
Committee on Insurance  each year, not later than 120 days after
the association's fiscal year, a financial report in a form approved
by the commissioner and a report of its activities during the
preceding fiscal year. Upon the request of a member insurer, the
association shall provide the member insurer with a copy of the
report.
  SEC. 3.  Section 1858.35 of the Insurance Code is amended to read:
   1858.35.  On or before May 1 of each year, the commissioner shall
submit a report to the  Legislature  Senate
Committee on Insurance, the Assembly Committee on Insurance, 
and the Governor stating the number and type of complaints received
under this article and the status and disposition of these
complaints. The commissioner may make any recommendations for
improving the efficiency and effectiveness of complaint handling
under this article.
   No information shall be provided under this section pertaining to
a specified complaint against a specific insurer or rating
organization. However, the commissioner may report that information
in the aggregate.
  SEC. 4.  Section 11629.81 of the Insurance Code is amended to read:

   11629.81.  (a) The California Automobile Assigned Risk Plan shall
report to the  commissioner   commissioner, the
Senate Committee on Insurance, and the Assembly Committee on
Insurance  on an annual basis, and at those additional times as
it deems prudent, on the status of the program. The report shall
include data regarding new policies, renewed policies, and policy
cancellations or nonrenewals.
   (b) The department shall combine the report pursuant to
subdivision (a) with the report required by Section 11629.85 and
submit the combined report to the Legislature on or before March 15
of each year.
   (c) A report submitted pursuant to subdivision (b) shall be
submitted in compliance with Section 9795 of the Government Code.
  SEC. 5.  Section 11759.2 of the Insurance Code is repealed.

   11759.2.  (a) A licensed rating organization designated as the
Insurance Commissioner's statistical agent shall prepare a report to
be submitted to the Insurance Commissioner by April 1, 2003, on the
potential underreporting of workers' compensation exposure in the
taxicab industry. The report shall include an analysis of workers'
compensation exposure, loss, and premium in the taxicab industry. The
licensed rating organization shall submit a report to the Governor,
the Legislature, and the commissioner by May 1, 2003, that describes
its findings.
   (b) A licensed rating organization designated as the insurance
commissioner's statistical agent may confer with state agencies,
including, but not limited to, the Employment Development Department,
in the preparation of the study. The state agencies shall provide
all necessary statistical or other information requested by the
licensed rating organization designated as the Insurance Commissioner'
s statistical agent.