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

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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

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CALIFORNIA LEGISLATURE— 2017–2018 REGULAR SESSION

Assembly Bill

No. 2807

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Introduced by Assembly Member Chen

February 16, 2018

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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.

Digest Key

Vote: MAJORITY   Appropriation: NO   Fiscal Committee: NO   Local Program: NO  

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Bill Text

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.