BILL NUMBER: AB 879	INTRODUCED
	BILL TEXT


INTRODUCED BY   Assembly Member Hernandez

                        FEBRUARY 26, 2009

   An act to amend Section 11750 of the Insurance Code, relating to
workers' compensation insurance.


	LEGISLATIVE COUNSEL'S DIGEST


   AB 879, as introduced, Hernandez. Workers' compensation: pure
premium rate.
   Existing law requires the Insurance Commissioner to hold a public
hearing within 60 days of receiving an advisory pure premium rate
filing. Under existing law, the commissioner must approve,
disapprove, or modify the proposed rate within 30 days of the
conclusion of the proposed hearing. Existing law does not set a time
limit for the time between the initiation and conclusion of the
public hearing.
   This bill would require the commissioner to initiate and conclude
a hearing and issue a final decision regarding the proposed rate
within 90 days.
   Vote: majority. Appropriation: no. Fiscal committee: yes.
State-mandated local program: no.


THE PEOPLE OF THE STATE OF CALIFORNIA DO ENACT AS FOLLOWS:

  SECTION 1.  Section 11750 of the Insurance Code is amended to read:

   11750.  (a) The purpose of this article is to promote the public
welfare by regulating concert of action between insurers in
collecting and tabulating rating information and other data that may
be helpful in the making of adequate pure premium rates for workers'
compensation insurance and for employers liability insurance
incidental thereto and written in connection therewith for all
admitted insurers and in submitting them to the commissioner for
approval; to authorize and regulate the existence and cooperation of
qualified rating organizations to one of which each workers'
compensation insurer shall belong; to authorize and regulate
cooperation between insurers, rating organizations and advisory
organizations in ratemaking and other related matters to the end that
the purposes of this chapter may be complied with and carried into
effect.
   (b) Notwithstanding any other provision of law, within  60
  90  days of receiving an advisory pure premium
rate filing made pursuant to subdivision (b) of Section 11750.3, the
Insurance Commissioner shall hold a public hearing  , and
within 30 days of the conclusion of the hearing, approve, disapprove,
or modify   and issue a final decision approving,
disapproving, or modifying  the proposed rate.