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Insurance brokers and agents.

This bill did not become law and its session has ended, so it can no longer move. It would have to be reintroduced.

CA SB 317 · Senate Bill · 2023–2024

Stage
Session ended
Started in
Senate
Sponsor
1
Latest action
Feb 1, 2024

What it does

Existing law generally regulates insurance and creates the Department of Insurance, headed by the Insurance Commissioner. Existing law authorizes a licensed life agent to present a proposal for insurance to a prospective policyholder on behalf of a life insurer for which the life agent is not specifically appointed and to transmit an application for insurance to that insurer. Under existing law, if a policy is issued under that application, the insurer authorized the agent to act on its behalf and is responsible for all actions of the agent relating to the policy and application, as if the agent had been duly appointed by the insurer. Existing law requires an insurer to give notice to the…

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Where it stands

This bill did not become law and its session has ended, so it can no longer move. It would have to be reintroduced.

  1. Introduced (Current step)

    Introduced · Feb 1, 2024

  2. Committee (Needs attention)

    The session ended first

  3. Floor (Not started)

  4. Law (Not started)

What moved

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Who is involved

Sponsors

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

  • NguyenLead sponsor

In the news

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Where it goes next

While a bill can still move, the questions are about people and money in California.

Work with this bill

Insurance brokers and agents. | 52