California 2017-2018 Regular Session

California Senate Bill SB986 Compare Versions

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

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1	1	CALIFORNIA LEGISLATURE 20172018 REGULAR SESSION Senate Bill No. 986Introduced by Senator BerryhillFebruary 05, 2018 An act to amend Section 12963 of the Insurance Code, relating to the Insurance Commissioner. LEGISLATIVE COUNSEL'S DIGESTSB 986, as introduced, Berryhill. Insurance Commissioner: data reporting.Existing law provides for the powers and duties of the Insurance Commissioner, including the duty to submit an annual report to the Governor and the Legislature analyzing specified data collected from insurers. Existing law requires an insurer transacting insurance covering liability for a public entity, as specified, to report specified data to the commissioner by type of claim, upon request of the 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 12963 of the Insurance Code is amended to read:12963. Each An insurer transacting insurance, as defined in Sections 108 and 116, covering liability for any a public entity, as defined in Section 811.2 of the Government Code, where the public entity is the named insured, shall report specified data to the commissioner by type of claim, upon request of the commissioner, which may, for a specified period, include, but not be limited to, the following:(a) The total number of insureds.(b) The total amount of premiums received from insureds, both written and earned.(c) The number of claims reported to the insurer and the number of claims reported closed.(d) The total number of claims outstanding, together with the monetary amount reserved for loss and allocated loss expense.(e) The number of claims closed with payment to the claimant, the total monetary amount paid thereon, paid, and the total allocated loss expense paid thereon. paid.(f) The monetary amount paid on claims with allocated loss expense paid.(g) The number of claims closed without payment to the claimant and the allocated loss expense paid thereon. paid.(h) The monetary amount reserved on claims incurred incurred, but not reported to the insurer.(i) The number of lawsuits filed against the insurers insurers insureds.(j) A distribution by size of payment for those claims closed showing the number of claims and total amount paid for each monetary category, as determined by the commissioner.As used in this section, the type of claims to be reported shall include, but not be limited to, workers compensation, liability, personal injury other than automobile, property damage other than automobile liability, liability based upon the dangerous condition of public property, and other general liability claims.
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3	3	CALIFORNIA LEGISLATURE 20172018 REGULAR SESSION Senate Bill No. 986Introduced by Senator BerryhillFebruary 05, 2018 An act to amend Section 12963 of the Insurance Code, relating to the Insurance Commissioner. LEGISLATIVE COUNSEL'S DIGESTSB 986, as introduced, Berryhill. Insurance Commissioner: data reporting.Existing law provides for the powers and duties of the Insurance Commissioner, including the duty to submit an annual report to the Governor and the Legislature analyzing specified data collected from insurers. Existing law requires an insurer transacting insurance covering liability for a public entity, as specified, to report specified data to the commissioner by type of claim, upon request of the 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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9	9	CALIFORNIA LEGISLATURE 20172018 REGULAR SESSION
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11	11	Senate Bill No. 986
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13	13	Introduced by Senator BerryhillFebruary 05, 2018
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15	15	Introduced by Senator Berryhill
16	16	February 05, 2018
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18	18	An act to amend Section 12963 of the Insurance Code, relating to the Insurance Commissioner.
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20	20	LEGISLATIVE COUNSEL'S DIGEST
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22	22	## LEGISLATIVE COUNSEL'S DIGEST
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24	24	SB 986, as introduced, Berryhill. Insurance Commissioner: data reporting.
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26	26	Existing law provides for the powers and duties of the Insurance Commissioner, including the duty to submit an annual report to the Governor and the Legislature analyzing specified data collected from insurers. Existing law requires an insurer transacting insurance covering liability for a public entity, as specified, to report specified data to the commissioner by type of claim, upon request of the commissioner.This bill would make technical, nonsubstantive changes to that provision.
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28	28	Existing law provides for the powers and duties of the Insurance Commissioner, including the duty to submit an annual report to the Governor and the Legislature analyzing specified data collected from insurers. Existing law requires an insurer transacting insurance covering liability for a public entity, as specified, to report specified data to the commissioner by type of claim, upon request of the commissioner.
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30	30	This bill would make technical, nonsubstantive changes to that provision.
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32	32	## Digest Key
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34	34	## Bill Text
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36	36	The people of the State of California do enact as follows:SECTION 1. Section 12963 of the Insurance Code is amended to read:12963. Each An insurer transacting insurance, as defined in Sections 108 and 116, covering liability for any a public entity, as defined in Section 811.2 of the Government Code, where the public entity is the named insured, shall report specified data to the commissioner by type of claim, upon request of the commissioner, which may, for a specified period, include, but not be limited to, the following:(a) The total number of insureds.(b) The total amount of premiums received from insureds, both written and earned.(c) The number of claims reported to the insurer and the number of claims reported closed.(d) The total number of claims outstanding, together with the monetary amount reserved for loss and allocated loss expense.(e) The number of claims closed with payment to the claimant, the total monetary amount paid thereon, paid, and the total allocated loss expense paid thereon. paid.(f) The monetary amount paid on claims with allocated loss expense paid.(g) The number of claims closed without payment to the claimant and the allocated loss expense paid thereon. paid.(h) The monetary amount reserved on claims incurred incurred, but not reported to the insurer.(i) The number of lawsuits filed against the insurers insurers insureds.(j) A distribution by size of payment for those claims closed showing the number of claims and total amount paid for each monetary category, as determined by the commissioner.As used in this section, the type of claims to be reported shall include, but not be limited to, workers compensation, liability, personal injury other than automobile, property damage other than automobile liability, liability based upon the dangerous condition of public property, and other general liability claims.
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38	38	The people of the State of California do enact as follows:
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40	40	## The people of the State of California do enact as follows:
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42	42	SECTION 1. Section 12963 of the Insurance Code is amended to read:12963. Each An insurer transacting insurance, as defined in Sections 108 and 116, covering liability for any a public entity, as defined in Section 811.2 of the Government Code, where the public entity is the named insured, shall report specified data to the commissioner by type of claim, upon request of the commissioner, which may, for a specified period, include, but not be limited to, the following:(a) The total number of insureds.(b) The total amount of premiums received from insureds, both written and earned.(c) The number of claims reported to the insurer and the number of claims reported closed.(d) The total number of claims outstanding, together with the monetary amount reserved for loss and allocated loss expense.(e) The number of claims closed with payment to the claimant, the total monetary amount paid thereon, paid, and the total allocated loss expense paid thereon. paid.(f) The monetary amount paid on claims with allocated loss expense paid.(g) The number of claims closed without payment to the claimant and the allocated loss expense paid thereon. paid.(h) The monetary amount reserved on claims incurred incurred, but not reported to the insurer.(i) The number of lawsuits filed against the insurers insurers insureds.(j) A distribution by size of payment for those claims closed showing the number of claims and total amount paid for each monetary category, as determined by the commissioner.As used in this section, the type of claims to be reported shall include, but not be limited to, workers compensation, liability, personal injury other than automobile, property damage other than automobile liability, liability based upon the dangerous condition of public property, and other general liability claims.
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44	44	SECTION 1. Section 12963 of the Insurance Code is amended to read:
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46	46	### SECTION 1.
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48	48	12963. Each An insurer transacting insurance, as defined in Sections 108 and 116, covering liability for any a public entity, as defined in Section 811.2 of the Government Code, where the public entity is the named insured, shall report specified data to the commissioner by type of claim, upon request of the commissioner, which may, for a specified period, include, but not be limited to, the following:(a) The total number of insureds.(b) The total amount of premiums received from insureds, both written and earned.(c) The number of claims reported to the insurer and the number of claims reported closed.(d) The total number of claims outstanding, together with the monetary amount reserved for loss and allocated loss expense.(e) The number of claims closed with payment to the claimant, the total monetary amount paid thereon, paid, and the total allocated loss expense paid thereon. paid.(f) The monetary amount paid on claims with allocated loss expense paid.(g) The number of claims closed without payment to the claimant and the allocated loss expense paid thereon. paid.(h) The monetary amount reserved on claims incurred incurred, but not reported to the insurer.(i) The number of lawsuits filed against the insurers insurers insureds.(j) A distribution by size of payment for those claims closed showing the number of claims and total amount paid for each monetary category, as determined by the commissioner.As used in this section, the type of claims to be reported shall include, but not be limited to, workers compensation, liability, personal injury other than automobile, property damage other than automobile liability, liability based upon the dangerous condition of public property, and other general liability claims.
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50	50	12963. Each An insurer transacting insurance, as defined in Sections 108 and 116, covering liability for any a public entity, as defined in Section 811.2 of the Government Code, where the public entity is the named insured, shall report specified data to the commissioner by type of claim, upon request of the commissioner, which may, for a specified period, include, but not be limited to, the following:(a) The total number of insureds.(b) The total amount of premiums received from insureds, both written and earned.(c) The number of claims reported to the insurer and the number of claims reported closed.(d) The total number of claims outstanding, together with the monetary amount reserved for loss and allocated loss expense.(e) The number of claims closed with payment to the claimant, the total monetary amount paid thereon, paid, and the total allocated loss expense paid thereon. paid.(f) The monetary amount paid on claims with allocated loss expense paid.(g) The number of claims closed without payment to the claimant and the allocated loss expense paid thereon. paid.(h) The monetary amount reserved on claims incurred incurred, but not reported to the insurer.(i) The number of lawsuits filed against the insurers insurers insureds.(j) A distribution by size of payment for those claims closed showing the number of claims and total amount paid for each monetary category, as determined by the commissioner.As used in this section, the type of claims to be reported shall include, but not be limited to, workers compensation, liability, personal injury other than automobile, property damage other than automobile liability, liability based upon the dangerous condition of public property, and other general liability claims.
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52	52	12963. Each An insurer transacting insurance, as defined in Sections 108 and 116, covering liability for any a public entity, as defined in Section 811.2 of the Government Code, where the public entity is the named insured, shall report specified data to the commissioner by type of claim, upon request of the commissioner, which may, for a specified period, include, but not be limited to, the following:(a) The total number of insureds.(b) The total amount of premiums received from insureds, both written and earned.(c) The number of claims reported to the insurer and the number of claims reported closed.(d) The total number of claims outstanding, together with the monetary amount reserved for loss and allocated loss expense.(e) The number of claims closed with payment to the claimant, the total monetary amount paid thereon, paid, and the total allocated loss expense paid thereon. paid.(f) The monetary amount paid on claims with allocated loss expense paid.(g) The number of claims closed without payment to the claimant and the allocated loss expense paid thereon. paid.(h) The monetary amount reserved on claims incurred incurred, but not reported to the insurer.(i) The number of lawsuits filed against the insurers insurers insureds.(j) A distribution by size of payment for those claims closed showing the number of claims and total amount paid for each monetary category, as determined by the commissioner.As used in this section, the type of claims to be reported shall include, but not be limited to, workers compensation, liability, personal injury other than automobile, property damage other than automobile liability, liability based upon the dangerous condition of public property, and other general liability claims.
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56	56	12963. Each An insurer transacting insurance, as defined in Sections 108 and 116, covering liability for any a public entity, as defined in Section 811.2 of the Government Code, where the public entity is the named insured, shall report specified data to the commissioner by type of claim, upon request of the commissioner, which may, for a specified period, include, but not be limited to, the following:
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58	58	(a) The total number of insureds.
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60	60	(b) The total amount of premiums received from insureds, both written and earned.
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62	62	(c) The number of claims reported to the insurer and the number of claims reported closed.
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64	64	(d) The total number of claims outstanding, together with the monetary amount reserved for loss and allocated loss expense.
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66	66	(e) The number of claims closed with payment to the claimant, the total monetary amount paid thereon, paid, and the total allocated loss expense paid thereon. paid.
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68	68	(f) The monetary amount paid on claims with allocated loss expense paid.
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70	70	(g) The number of claims closed without payment to the claimant and the allocated loss expense paid thereon. paid.
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72	72	(h) The monetary amount reserved on claims incurred incurred, but not reported to the insurer.
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74	74	(i) The number of lawsuits filed against the insurers insurers insureds.
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76	76	(j) A distribution by size of payment for those claims closed showing the number of claims and total amount paid for each monetary category, as determined by the commissioner.
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78	78	As used in this section, the type of claims to be reported shall include, but not be limited to, workers compensation, liability, personal injury other than automobile, property damage other than automobile liability, liability based upon the dangerous condition of public property, and other general liability claims.