California 2013-2014 Regular Session Status: Introduced

AB 1748 — Insurance: risk-based capital.

Last action — Died at Desk.

  1. 1
    Introduced
  2. 2
    In Committee
  3. 3
    Passed Assembly
  4. 4
    Passed Senate
  5. 5
    To Executive
  6. 6
    Enacted

This bill died with 2013-2014 Regular Session. It reached “Introduced” and never advanced before the session ended, so it can no longer move — a new version would have to be reintroduced in the current session.

This bill is no longer active — its legislative session has ended, so there is no live prognosis. It would have to be reintroduced in the current session to move again.

Summary

Existing law requires every domestic insurer to prepare and submit to the Insurance Commissioner a Risk-Based Capital (RBC) Report of the insurer's risk-based capital levels as of the end of the calendar year, as specified. Existing law directs the Insurance Commissioner to take regulatory action with respect to an RBC Report under specified conditions. All notices by the Insurance Commissioner to an insurer that may result in regulatory action are effective upon dispatch if transmitted by registered or certified mail, or in the case of any other transmission, are effective upon the insurer's receipt of the notice. This bill would make a technical, nonsubstantive change to the latter provision.

Bill Text

What changed in the latest version

1 added · 1 removed

1 line(s) added, 1 removed.

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Action History

  1. Died at Desk.

  2. From printer. May be heard in committee March 20.

  3. Read first time. To print.

Sponsors

  • Hagman · Primary

Sponsorship breakdown

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1 sponsors · 0 co-sponsors · 121 not signed on

Sponsors (1)

  • Hagman

Co-sponsors (0)

None.

Not signed on (121)

121 members have not signed on to this bill.

Show all 121 →

"Not signed on" means a member has not sponsored or co-sponsored this bill — it does not imply opposition. Members flagged Voted No have a recorded No vote on this bill.

Whip count is in markup. Polling the chamber and every recorded vote this session. Only the first open is slow. It’s instant for you after this. Calling the roll · Tallying · Engrossing

Subjects

finance health-insurance
Cross-referencing the record. Reading this bill against every other bill in the corpus by meaning, not keywords. Only the first open is slow. It’s instant for you after this. Matching · Ranking · Engrossing

Frequently asked questions

What does AB 1748 do?
Existing law requires every domestic insurer to prepare and submit to the Insurance Commissioner a Risk-Based Capital (RBC) Report of the insurer's risk-based capital levels as of the end of the calendar year, as specified. Existing law directs the Insurance Commissioner to take regulatory action with respect to an RBC Report under specified conditions. All notices by the Insurance Commissioner to an insurer that may result in regulatory action are effective upon dispatch if transmitted by registered or certified mail, or in the case of any other transmission, are effective upon the insurer's receipt of the notice. This bill would make a technical, nonsubstantive change to the latter provision.
Who sponsors AB 1748?
AB 1748 is sponsored by Hagman.
What is the current status of AB 1748?
This bill died with 2013-2014 Regular Session. It reached “Introduced” and never advanced before the session ended, so it can no longer move — a new version would have to be reintroduced in the current session.
Where can I track AB 1748?
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Last checked for changes 2 months ago · updated continuously

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