California 2017-2018 Regular Session

California Assembly Bill AB2807 Compare Versions

Only one version of the bill is available at this time.

Old	New	Differences
1	1	CALIFORNIA LEGISLATURE 20172018 REGULAR SESSION Assembly Bill No. 2807Introduced by Assembly Member ChenFebruary 16, 2018 An act to amend Section 11555 of the Insurance Code, relating to insurance. LEGISLATIVE COUNSEL'S DIGESTAB 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 Bill TextThe 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.
2	2
3	3	CALIFORNIA LEGISLATURE 20172018 REGULAR SESSION Assembly Bill No. 2807Introduced by Assembly Member ChenFebruary 16, 2018 An act to amend Section 11555 of the Insurance Code, relating to insurance. LEGISLATIVE COUNSEL'S DIGESTAB 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
4	4
5	5
6	6
7	7
8	8
9	9	CALIFORNIA LEGISLATURE 20172018 REGULAR SESSION
10	10
11	11	Assembly Bill No. 2807
12	12
13	13	Introduced by Assembly Member ChenFebruary 16, 2018
14	14
15	15	Introduced by Assembly Member Chen
16	16	February 16, 2018
17	17
18	18	An act to amend Section 11555 of the Insurance Code, relating to insurance.
19	19
20	20	LEGISLATIVE COUNSEL'S DIGEST
21	21
22	22	## LEGISLATIVE COUNSEL'S DIGEST
23	23
24	24	AB 2807, as introduced, Chen. Workers compensation and liability insurance.
25	25
26	26	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.
27	27
28	28	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.
29	29
30	30	This bill would make technical, nonsubstantive changes to that provision.
31	31
32	32	## Digest Key
33	33
34	34	## Bill Text
35	35
36	36	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.
37	37
38	38	The people of the State of California do enact as follows:
39	39
40	40	## The people of the State of California do enact as follows:
41	41
42	42	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.
43	43
44	44	SECTION 1. Section 11555 of the Insurance Code is amended to read:
45	45
46	46	### SECTION 1.
47	47
48	48	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.
49	49
50	50	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.
51	51
52	52	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.
53	53
54	54
55	55
56	56	11555. An insurer transacting such workers compensation or liability insurance shall include the following schedules in its annual statement required by law: statement:
57	57
58	58	(a) A schedule showing distribution of unallocated liability loss expense payments.
59	59
60	60	(b) A schedule showing distribution of unallocated compensation loss expense payments.
61	61
62	62	(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.