BILL ANALYSIS Ó AB 2884 Page 1 Date of Hearing: April 13, 2016 ASSEMBLY COMMITTEE ON APPROPRIATIONS Lorena Gonzalez, Chair AB 2884 (Committee on Insurance) - As Amended March 30, 2016 ----------------------------------------------------------------- |Policy |Insurance |Vote:|13 - 0 | |Committee: | | | | | | | | | | | | | | |-------------+-------------------------------+-----+-------------| | | | | | | | | | | | | | | | |-------------+-------------------------------+-----+-------------| | | | | | | | | | | | | | | | ----------------------------------------------------------------- Urgency: No State Mandated Local Program: NoReimbursable: No SUMMARY: This omnibus bill makes numerous minor, technical, and clarifying changes to the Insurance Code, including, for example: AB 2884 Page 2 1)Deleting the prohibition on having more than four vehicles covered by a private passenger automobile insurance policy. 2)Requiring an individual who has failed a licensing examination administered by the department 10 times in one 12 month period to wait 12 months before taking the examination again. 3)Creating an inactive license status for independent adjusters and public adjusters. 4)Other minor, technical, and clarifying changes. FISCAL EFFECT: Negligible state fiscal impact. COMMENTS: Purpose. This is the annual Department of Insurance (DOI) omnibus bill. It contains numerous minor or non-controversial changes to the Insurance Code. Analysis Prepared by:Lisa Murawski / APPR. / (916) 319-2081 AB 2884 Page 3