BILL NUMBER: AB 2366 INTRODUCED
BILL TEXT
INTRODUCED BY Assembly Member Bocanegra
FEBRUARY 21, 2014
An act relating to benefit and relief associations.
LEGISLATIVE COUNSEL'S DIGEST
AB 2366, as introduced, Bocanegra. Benefit and relief
associations: Insurance Commissioner.
Existing law provides for the regulation of insurers by the
Department of Insurance. Existing law directs the Insurance
Commissioner to enforce the execution of laws regulating the business
of insurance. Existing law excludes firemen's, policemen's, and
peace officers' benefit and relief associations meeting certain
requirements from state laws relating to insurance.
This bill would express the intent of the Legislature to enact
legislation to provide increased authority to the Insurance
Commissioner to regulate public safety member benefit and relief
associations.
Vote: majority. Appropriation: no. Fiscal committee: no.
State-mandated local program: no.
THE PEOPLE OF THE STATE OF CALIFORNIA DO ENACT AS FOLLOWS:
SECTION 1. It is the intent of the Legislature to enact
legislation to provide increased authority to the Insurance
Commissioner to regulate public safety member benefit and relief
associations.