Skip to content

Insurance: surplus line brokers: statement of business transacted.

It became law on Sep 21, 2011.

CA SB 131 · Senate Bill · 2011–2012

Stage
Became law
Started in
Senate
Sponsors
2
Latest action
Sep 21, 2011

What it does

Existing law requires, on or before the first day of March of each year, the surplus line broker to file with the Insurance Commissioner a sworn statement of all business transacted under his or her surplus line license during the last preceding calendar year. "Business done" or "business transacted" under a surplus line broker's license means all insurance regarding which that surplus line broker is required to file a confidential written report with the commissioner or the commissioner's designee, as provided. Existing law further provides that if 2 or more persons licensed as surplus line brokers are involved in placing an insurance policy, only the one responsible for negotiating,…

Read the full text

Where it stands

This bill passed and is now law.

  1. Introduced (Done)

  2. Committee (Done)

  3. Floor (Done)

  4. Law (Done)

    Sep 21, 2011

What moved

Loading recorded actions…

Who is involved

Sponsors

The lawmakers who put their names on it, lead sponsors first.

  • GainesLead sponsor
  • CalderonSponsor

In the news

Reporting that may mention this subject. Possible matches are labeled.

Loading coverage…

Where it goes next

Once a bill is decided, the questions are about what is done with it in California.

Work with this bill

Insurance: surplus line brokers: statement of business transacted. | 52