Insurance: adverse underwriting decisions.

Existing law requires an insurance company or agent to provide an applicant or policyholder the reasons for an adverse underwriting decision in writing or to advise him or her orally that he or she may receive the reasons in writing if he or she so requests. This bill would, instead, state that if the insurance company or agent chooses to give the oral advisement, the advisement must be that the applicant or policyholder will receive the reasons in writing if he or she requests.