AB 2776

  • California Assembly Bill
  • 2015-2016 Regular Session
  • Introduced in Assembly Feb 19, 2016
  • Assembly
  • Senate
  • Governor

Insurance: claims settlement.

Abstract

Existing law specifies various acts that are defined as unfair methods of competition and deceptive acts or practices in the business of insurance. Existing law, on January 1, 2017, requires that regulations adopted by the Insurance Commissioner, with regard to unfair business practices as it relates to the settlement of claims, take into consideration settlement practices by classes of insurers, and every insurer, upon receiving notice of a claim, is required to immediately, but no more than 15 calendar days after receipt of the claim, provide the insured with a legible reproduction of specified provisions of law along with a written notice containing specified language. This bill would make technical, nonsubstantive changes to that provision.

Bill Sponsors (1)

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Feb 22, 2016

Assembly

Read first time.

Feb 21, 2016

Assembly

From printer. May be heard in committee March 22.

Feb 19, 2016

Assembly

Introduced. To print.

Bill Text

Bill Text Versions Format
AB2776 HTML
02/19/16 - Introduced PDF

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