Permits a waiver of the diligent effort requirement in limited circumstances for certain insurance coverage to be placed by licensed excess line brokers with unauthorized insurers
Summary
Permits a waiver of the diligent effort requirement in limited circumstances for certain insurance coverage to be placed by licensed excess line brokers with unauthorized insurers where a retail producing insurance broker seeks to procure or place commercial lines insurance through an unaffiliated wholesale excess line insurance broker.
Bill status
passed
3 of 5 stages cleared
Introduction
Mar 2023
Committee Review
May 2024
Senate Passage
May 2024
Assembly Passage
Governor
Introduced Mar 22, 2023
Last action May 23, 2024
Floor votes · Senate May 3, 2023
How they voted
61–0
Passed · 2 other
Total votes 63
May 3, 2023
D
Democratic42
95% Yea
R
Republican21
100% Yea
Vote distribution
All Yea
All Nay
Mixed
No data
Full legislative history
Actions timeline
Total actions
16
Key actions
2
Committee
4
May 23, 2024
Committee
REFERRED TO INSURANCE
lower
May 23, 2024
Upper · Passed
PASSED SENATE
upper
Jan 3, 2024
Committee
REFERRED TO INSURANCE
upper
May 3, 2023
Committee
REFERRED TO INSURANCE
lower
May 3, 2023
Upper · Passed
PASSED SENATE
upper
Mar 22, 2023
Committee
REFERRED TO INSURANCE
upper
1 primary · 3 co-sponsors
Sponsors
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