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Insurance: agents and brokers.

It became law on Sep 28, 2018.

CA AB 2844 · Assembly Bill · 2017–2018

Stage
Became law
Started in
Assembly
Sponsor
1
Latest action
Sep 28, 2018

What it does

Existing law generally regulates the conduct of business between insurers and broker-agents. Under existing law, when a broker-agent's contract is terminated, the rights, duties, and obligations set forth in the terminated contract continue solely with respect to policies then in force or renewed, until those policies are canceled, placed by the broker-agent with another insurer, or have expired, as provided. Existing law requires that if the terminated broker-agent is unable to place existing policies with another insurer, the insurer shall, at the broker-agent's request, renew any insurance contract written by the broker-agent for one policy term or a period of one year, whichever is…

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Where it stands

This bill passed and is now law.

  1. Introduced (Done)

  2. Committee (Done)

  3. Floor (Done)

  4. Law (Done)

    Sep 28, 2018

What moved

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Who is involved

Sponsors

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

In the news

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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: agents and brokers. | 52