- Stage
- Failed
- Started in
- Assembly
- Sponsor
- 1
- Latest action
- Feb 1, 2024
What it does
Existing law creates the Department of Insurance, headed by the Insurance Commissioner, and generally regulates the business of insurance in the state, including the regulation of life insurance policy illustrations, as defined. For a policy designated as one for which illustrations will be used, existing law requires an insurer to provide each policy owner with an annual report on the status of the policy along with prescribed information, including the current dividend, as applicable. If the annual report does not include an in force illustration, existing law requires that report to contain a prominently displayed notice that informs the insured they may annually request, without charge,…
Where it stands
This bill failed and is no longer moving.
Failed
This bill failed and is no longer moving.
What moved
Who is involved
Sponsors
The lawmakers who put their names on it, lead sponsors first.
Where it goes next
Once a bill is decided, the questions are about what is done with it in California.