Life insurance policy illustrations.
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AB 1563 — Life insurance policy illustrations.
Last action — Referred to Com. on INS.
No card. One bill, free forever — alerts when it moves.
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✓Introduced
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✓In Committee
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3Passed Assembly
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4Passed Senate
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5To Executive
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6Enacted
This bill died with 2021-2022 Regular Session. It reached “Passed Assembly” 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This bill is no longer active — its legislative session has ended, so there is no live prognosis.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 creates the Department of Insurance, headed by the Insurance Commissioner, and generally regulates the business of insurance in the state, including the regulation of life insurance policy illustrations, as defined. For a policy designated as one for which illustrations will be used, existing law requires an insurer to provide each policy owner with an annual report on the status of the policy along with prescribed information, including the current dividend, as applicable. If the annual report does not include an in force illustration, existing law requires that report to contain a prominently displayed notice that informs the insured they may annually request, without charge, an illustration by various means, including calling or writing to the insurer. For an annual report that does not include an in force illustration, this bill would additionally provide that the notice inform the insured they may submit their request by accessing the insurer's internet website address.
Bill Text
What changed in the latest version
1 added · 1 removed1 line(s) added, 1 removed.
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View plain text versions (2)
- Introduced 03/01/21 - Introduced Current pdf March 01, 2021
- AB1563 View text html
Action History
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Referred to Com. on INS.
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In Senate. Read first time. To Com. on RLS. for assignment.
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Read third time. Passed. Ordered to the Senate. (Ayes 77. Noes 0. Page 1156.)
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Read second time. Ordered to Consent Calendar.
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From committee: Do pass. To Consent Calendar. (Ayes 13. Noes 0.) (April 15).
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Referred to Com. on INS.
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From printer. May be heard in committee April 1.
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Read first time. To print.
Sponsors
- Committee on Insurance · Primary
Sponsorship breakdown
Export CSV (upgrade) →1 sponsors · 0 co-sponsors · 121 not signed on
Sponsors (1)
- Committee on Insurance
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.
Votes
| Party | Yea | Nay | Present | Not Voting |
|---|---|---|---|---|
| Democratic | 27 | 0 | 0 | 1 |
| Unaffiliated | 40 | 0 | 0 | 1 |
| Republican | 10 | 0 | 0 | 0 |
| Total | 77 | 0 | 0 | 2 |
| % of votes cast | 97% | 0% | 0% | 3% |
How each member voted (79)
| Member | Party | Vote |
|---|---|---|
| Bloom | — | Yea |
| Mullin | — | Yea |
| Jones-Sawyer | — | Yea |
| Wood | — | Yea |
| Smith | — | Yea |
| Cunningham | — | Yea |
| Cooper | — | Yea |
| Voepel | — | Yea |
| Cooley | — | Yea |
| Maienschein | — | Yea |
| Rodriguez | — | Yea |
| Kiley | — | Yea |
| Nazarian | — | Yea |
| Ting | — | Yea |
| O'Donnell | — | Yea |
| Waldron | — | Yea |
| Medina | — | Yea |
| McCarty | — | Yea |
| Friedman | — | Yea |
| Bigelow | — | Yea |
| Chiu | — | Yea |
| Rendon | — | Yea |
| Villapudua | — | Yea |
| Salas | — | Yea |
| Quirk | — | Yea |
| Low | — | Yea |
| Levine | — | Yea |
| Daly | — | Yea |
| Gray | — | Yea |
| Burke | — | Yea |
| Mathis | — | Yea |
| Santiago | — | Yea |
| Mayes | — | Yea |
| Frazier | — | Yea |
| Chau | — | Yea |
| Holden | — | Not Voting |
| Cristina Garcia | — | Yea |
| Eduardo Garcia | — | Yea |
| Lorena Gonzalez | — | Yea |
| Luz Rivas | — | Yea |
| Mark Stone | — | Yea |
| Aguiar-Curry, Cecilia M. | Democratic | Yea |
| Arambula, Joaquin | Democratic | Yea |
| Bauer-Kahan, Rebecca | Democratic | Yea |
| Bennett, Steve | Democratic | Yea |
| Berman, Marc | Democratic | Yea |
| Boerner, Tasha | Democratic | Yea |
| Bonta, Mia | Democratic | Yea |
| Calderon, Lisa | Democratic | Yea |
| Carrillo, Juan | Democratic | Yea |
| Cervantes, Sabrina | Democratic | Yea |
| Fong, Mike | Democratic | Yea |
| Gabriel, Jesse | Democratic | Yea |
| Gipson, Mike A. | Democratic | Yea |
| Grayson, Timothy S. | Democratic | Yea |
| Irwin, Jacqui | Democratic | Yea |
| Kalra, Ash | Democratic | Yea |
| Lee, Alex | Democratic | Yea |
| Muratsuchi, Al | Democratic | Yea |
| Nguyen, Stephanie | Democratic | Yea |
| Petrie-Norris, Cottie | Democratic | Yea |
| Quirk-Silva, Sharon | Democratic | Yea |
| Ramos, James C. | Democratic | Yea |
| Reyes, Eloise Gómez | Democratic | Not Voting |
| Rivas, Robert | Democratic | Yea |
| Rubio, Blanca E. | Democratic | Yea |
| Ward, Christopher M. | Democratic | Yea |
| Weber Pierson, M.D., Akilah | Democratic | Yea |
| Wicks, Buffy | Democratic | Yea |
| Chen, Phillip | Republican | Yea |
| Choi, Steven S. | Republican | Yea |
| Dahle, Megan | Republican | Yea |
| Davies, Laurie | Republican | Yea |
| Flora, Heath | Republican | Yea |
| Gallagher, James | Republican | Yea |
| Lackey, Tom | Republican | Yea |
| Patterson, Joe | Republican | Yea |
| Seyarto, Kelly | Republican | Yea |
| Valladares, Suzette Martinez | Republican | Yea |
| Party | Yea | Nay | Present | Not Voting |
|---|---|---|---|---|
| Democratic | 3 | 0 | 0 | 0 |
| Unaffiliated | 9 | 0 | 0 | 0 |
| Republican | 1 | 0 | 0 | 0 |
| Total | 13 | 0 | 0 | 0 |
| % of votes cast | 100% | 0% | 0% | 0% |
How each member voted (13)
| Member | Party | Vote |
|---|---|---|
| Cooper | — | Yea |
| Mayes | — | Yea |
| Frazier | — | Yea |
| Daly | — | Yea |
| Rodriguez | — | Yea |
| Bigelow | — | Yea |
| Cooley | — | Yea |
| Wood | — | Yea |
| Voepel | — | Yea |
| Berman, Marc | Democratic | Yea |
| Gipson, Mike A. | Democratic | Yea |
| Grayson, Timothy S. | Democratic | Yea |
| Chen, Phillip | Republican | Yea |
Subjects
Frequently asked questions
- What does AB 1563 do?
- Existing law creates the Department of Insurance, headed by the Insurance Commissioner, and generally regulates the business of insurance in the state, including the regulation of life insurance policy illustrations, as defined. For a policy designated as one for which illustrations will be used, existing law requires an insurer to provide each policy owner with an annual report on the status of the policy along with prescribed information, including the current dividend, as applicable. If the annual report does not include an in force illustration, existing law requires that report to contain a prominently displayed notice that informs the insured they may annually request, without charge, an illustration by various means, including calling or writing to the insurer. For an annual report that does not include an in force illustration, this bill would additionally provide that the notice inform the insured they may submit their request by accessing the insurer's internet website address.
- Who sponsors AB 1563?
- AB 1563 is sponsored by Committee on Insurance.
- What is the current status of AB 1563?
- This bill died with 2021-2022 Regular Session. It reached “Passed Assembly” 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 1563?
- Track AB 1563 free on One Click Politics — get push/email alerts when it moves.
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