- Stage
- Became law
- Started in
- Assembly
- Sponsor
- 1
- Latest action
- Sep 21, 2018
What it does
Existing law, the California Life and Health Insurance Guarantee Association Act, protects specified persons against failure in the performance of contractual obligations because of the impairment or insolvency of a member insurer that issued a life or health insurance policy or specified annuity contract. Existing law provides that the California Life and Health Insurance Guarantee Association may, in its discretion and subject to specified limitations, guarantee, assume, or reinsure the policies of an impaired insurer, as defined. Existing law authorizes the association's board of directors to request that the Insurance Commissioner order an examination of a member insurer that may be…
Where it stands
This bill passed and is now law.
Introduced (Done)
Committee (Done)
Floor (Done)
Law (Done)
What moved
Who is involved
Sponsors
The lawmakers who put their names on it, lead sponsors first.
- Calderon
Where it goes next
Once a bill is decided, the questions are about what is done with it in California.