California 2011 2011-2012 Regular Session

California Assembly Bill AB974 Introduced / Bill

Filed 02/18/2011

 BILL NUMBER: AB 974INTRODUCED BILL TEXT INTRODUCED BY Assembly Member Portantino FEBRUARY 18, 2011 An act to amend Section 790.02 of the Insurance Code, relating to insurance. LEGISLATIVE COUNSEL'S DIGEST AB 974, as introduced, Portantino. Insurance: unfair trade practices. Existing law prohibits a person from engaging in any trade practice that is an unfair method of competition or an unfair or deceptive act or practice in the business of insurance. This bill would make technical, nonsubstantive changes to that provision. Vote: majority. Appropriation: no. Fiscal committee: no. State-mandated local program: no. THE PEOPLE OF THE STATE OF CALIFORNIA DO ENACT AS FOLLOWS: SECTION 1. Section 790.02 of the Insurance Code is amended to read: 790.02.  No   A  person shall  not  engage in this  State   state  in any trade practice  which   that  is defined in this article as, or determined pursuant to this article to be, an unfair method of competition or an unfair or deceptive act or practice in the business of insurance.