Loading
Loading
Your feedback directly shapes Sporos.
Sign in to track your feedback history
Existing law requires an insurer doing business in the state to file with the Insurance Commissioner various financial statements and forms at prescribed intervals. Existing law requires the commissioner to collect a late filing fee of $705 from an admitted insurer that fails to timely file these statements, and requires the commissioner to collect an additional late filing fee of $849 for each month or part thereof that an insurer continues to transact insurance without filing the required statements. This bill would increase the above-described late filing fees to $800 and $900, respectively.
Introduced
Feb 20, 2025
Last Action
May 12, 2025
Session
CA 20252026
Sponsors
1 primary · 0 co
Referred to Com. on INS.
In Assembly. Read first time. Held at Desk.
Read third time. Passed. (Ayes 37. Noes 0. Page 887.) Ordered to the Assembly.
Read second time. Ordered to consent calendar.
From committee: Be ordered to second reading pursuant to Senate Rule 28.8 and ordered to consent calendar.
Set for hearing April 21.
From committee: Do pass and re-refer to Com. on APPR. with recommendation: To consent calendar. (Ayes 7. Noes 0. Page 738.) (April 9). Re-referred to Com. on APPR.
Set for hearing April 9.
Referred to Com. on INS.
From printer. May be acted upon on or after March 23.
Introduced. Read first time. To Com. on RLS. for assignment. To print.
Get a plain-English explanation of what this bill does, who it affects, and why it matters.
Referred to Com. on INS.