Bill Text: CA AB2807 | 2017-2018 | Regular Session | Introduced


Bill Title: Workers’ compensation and liability insurance.

Spectrum: Partisan Bill (Republican 1-0)

Status: (Introduced - Dead) 2018-02-17 - From printer. May be heard in committee March 19. [AB2807 Detail]

Download: California-2017-AB2807-Introduced.html


CALIFORNIA LEGISLATURE— 2017–2018 REGULAR SESSION

Assembly Bill No. 2807


Introduced by Assembly Member Chen

February 16, 2018


An act to amend Section 11555 of the Insurance Code, relating to insurance.


LEGISLATIVE COUNSEL'S DIGEST


AB 2807, as introduced, Chen. Workers’ compensation and liability insurance.
Existing law generally regulates classes of insurance, including workers’ compensation and liability insurance. Existing law requires an insurer transacting workers’ compensation or liability and common carrier liability insurance to include specified schedules in its annual statement in a form prescribed by the Insurance Commissioner.
This bill would make technical, nonsubstantive changes to that provision.
Vote: MAJORITY   Appropriation: NO   Fiscal Committee: NO   Local Program: NO  

The people of the State of California do enact as follows:


SECTION 1.

 Section 11555 of the Insurance Code is amended to read:

11555.
 An insurer transacting such workers compensation or liability insurance shall include the following schedules in its annual statement required by law: statement:
(a) A schedule showing distribution of unallocated liability loss expense payments.
(b) A schedule showing distribution of unallocated compensation loss expense payments.
(c) A schedule of its experience under policies of such workers’ compensation or liability insurance, in such a form as the commissioner prescribes. prescribed by the commissioner.

feedback