Insurance: holding companies.
This bill did not become law and its session has ended, so it can no longer move. It would have to be reintroduced.
- Stage
- Session ended
- Started in
- Senate
- Sponsor
- 1
- Latest action
- Jan 31, 2012
What it does
Existing law, the Insurance Holding Company System Regulatory Act, provides for regulation by the Department of Insurance of certain transactions involving 2 or more affiliated persons, at least one of which is an insurer. Under the act, the Insurance Commissioner is authorized to order an insurer subject to registration to produce records, books, or other information or papers in the possession of the insurer or its affiliates as necessary to ascertain the financial condition or legality of conduct of the insurer, as specified.
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.
Introduced (Current step)
Committee (Needs attention)
Floor (Not started)
Law (Not started)
What moved
Who is involved
Sponsors
The lawmakers who put their names on it, lead sponsors first.
- Committee on Insurance
In the news
Reporting that may mention this subject. Possible matches are labeled.
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Where it goes next
While a bill can still move, the questions are about people and money in California.