Insurance: retained-asset accounts.
Summary
Existing law prohibits any person from engaging in any trade practice determined to be an unfair method of competition or an unfair or deceptive act or trade practice in the business of insurance. This bill would provide that it is an unfair and deceptive act or practice in the business of insurance if an insurer uses a retained-asset account, as defined, and does not take certain actions. The bill would specify the penalty for this unfair and deceptive act or practice.
Bill status
failed
3 of 5 stages cleared
Introduction
Feb 2009
Committee Review
Aug 2010
Assembly Passage
Jun 2009
Senate Passage
Governor
Introduced Feb 26, 2009
Last action Nov 30, 2010
Floor votes · Assembly Jun 3, 2009
How they voted
40–27
Passed · 3 other
Total votes 70
Jun 3, 2009
D
Democratic43
93% Yea
I
Independent1
100% Nay
R
Republican26
100% Nay
Vote distribution
All Yea
All Nay
Mixed
No data
Full legislative history
Actions timeline
Total actions
31
Key actions
10
Committee
12
Amendments
6
Aug 19, 2010
Committee
Re-referred to Com. on RLS. pursuant to Senate Rule 29.10 (c) .
upper
Aug 18, 2010
Upper · Passed
Read second time and amended. Ordered returned to second reading.
upper
Sep 1, 2009
Upper · Passed
Read second time and amended. Ordered to third reading.
upper
Aug 31, 2009
Introduced
From committee: Amend, and do pass as amended. (Ayes 8. Noes 5.) (August 27).
upper
Aug 24, 2009
Upper · Passed
In committee: Placed on Appropriations suspense file.
upper
Aug 18, 2009
Introduced
From committee chair, with author's amendments: Amend, and re-refer to committee. Read second time, amended, and re-referred to Com. on APPR.
upper
Jul 16, 2009
Upper · Passed
From committee: Do pass, and re-refer to Com. on APPR. Re-referred. (Ayes 7. Noes 3.) (July 15).
upper
Jul 6, 2009
Upper · Passed
In committee: Hearing postponed by committee.
upper
Jun 30, 2009
Introduced
From committee chair, with author's amendments: Amend, and re-refer to committee. Read second time, amended, and re-referred to Com. on HEALTH.
upper
Jun 18, 2009
Committee
Referred to Com. on HEALTH.
upper
Jun 3, 2009
Assembly · Passed
Assembly Vote: pass (40-27-3)
assembly
May 29, 2009
Lower · Passed
From committee: Do pass. (Ayes 10. Noes 5.) (May 28).
lower
May 20, 2009
Committee
In committee: Set, first hearing. Referred to APPR. suspense file.
lower
Apr 29, 2009
Lower · Passed
From committee: Do pass, and re-refer to Com. on APPR. Re-referred. (Ayes 13. Noes 6.) (April 28).
lower
Apr 23, 2009
Committee
Re-referred to Com. on HEALTH.
lower
Apr 22, 2009
Introduced
From committee chair, with author's amendments: Amend, and re-refer to Com. on HEALTH. Read second time and amended.
lower
Apr 21, 2009
Lower · Passed
In committee: Set, first hearing. Hearing canceled at the request of author.
lower
Mar 23, 2009
Committee
Referred to Com. on HEALTH.
lower
Mar 1, 2009
Lower · Passed
From printer. May be heard in committee March 30.
lower
0 primary · 1 co-sponsor
Sponsors
No sponsor information available.
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