BILL NUMBER: SB 36	AMENDED
	BILL TEXT

	AMENDED IN SENATE  APRIL 30, 2013
	AMENDED IN SENATE  APRIL 8, 2013

INTRODUCED BY   Senator Hueso

                        DECEMBER 4, 2012

   An act to add Section 901 to the Insurance Code, relating to
 financial statements   workers' compensation
 .



	LEGISLATIVE COUNSEL'S DIGEST


   SB 36, as amended, Hueso.  Financial statements: 
 Internet Web site:  workers' compensation insurers:
 publication.   workers' compensation data.

   Existing law requires every insurer doing business in this state
to make and file with the Insurance Commissioner annual and quarterly
financial statements, as prescribed.
   This bill would require  that those annual and quarterly
financial statements filed with the commissioner by workers'
compensation insurers be published on  the Department of
 Insurance's   Insurance to include on its 
Internet Web site  a dedicated Internet Web page that includes
workers' compensation data, statistics, and   reports
covering both insurers and self-insurers. The bill would require the
department to only use data already collected by the department or
the Department of Industrial Relations  .
   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 901 is added to the Insurance Code, to read:
   901.   Annual and quarterly financial statements, filed
with the commissioner pursuant to Section 900, by insurers engaged in
the business of workers' compensation insurance shall be published
on the department's Internet Web site.   The department
shall include on its Internet Web site a dedicated Internet Web page
that includes workers' compensation data, statistics, and reports
covering both insurers and self-insurers, including, but not limited
to, claims loss data, expenses, and financial reports. The department
shall only use data already collected by both the department and the
Department of Industrial Relations. Nothing in this section 
 shall be construed to authorize the release of information
protected by other applicable law.