AB 2848: Insurance.
- Session Year: 2015-2016
- House: Assembly
- Latest Version Date: 2016-02-19
Existing law divides insurance in this state into classes, including life and disability insurance, to be regulated by the Department of Insurance.
This bill would require the department to develop rules and regulations for the governance of multiclass insurance, as defined.
Multiclass insurance means insurance that provides, in the same policy or certificate, benefits that fall within more than one class of insurance pursuant to Section 100, or disability insurance described in Section 106, that are subject to different regulatory standards.
SEC. 2.Section 124.6 is added to the Insurance Code, to read:124.6.The department shall develop rules and regulations for the governance of multiclass insurance.
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Date
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Status
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|---|---|
| Feb 19, 2016 | Introduced. To print. |
| Feb 21, 2016 | From printer. May be heard in committee March 22. |
| Feb 22, 2016 | Read first time. |
| Mar 14, 2016 | Referred to Com. on INS. |
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