BILL NUMBER: AB 2639	CHAPTERED  09/30/00

	CHAPTER   1074
	FILED WITH SECRETARY OF STATE   SEPTEMBER 30, 2000
	APPROVED BY GOVERNOR   SEPTEMBER 30, 2000
	PASSED THE SENATE   AUGUST 28, 2000
	PASSED THE ASSEMBLY   JUNE 1, 2000
	AMENDED IN ASSEMBLY   MAY 23, 2000
	AMENDED IN ASSEMBLY   MAY 8, 2000
	AMENDED IN ASSEMBLY   MARCH 30, 2000

INTRODUCED BY   Assembly Member Calderon

                        FEBRUARY 25, 2000

   An act to amend Section 1623 of the Insurance Code, relating to
insurance.



	LEGISLATIVE COUNSEL'S DIGEST


   AB 2639, Calderon.  Insurance:  insurance brokers.
   Existing law provides that an insurance broker is a person who,
for compensation and on behalf of another person, transacts
insurance, other than life insurance, with, but not on behalf of, an
insurer.
   This bill would require an application for insurance submitted by
an insurance broker to show that the person is acting as an insurance
broker, and would make a presumption, for licensing purposes only,
that the person is so acting if certain conditions exist.


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


  SECTION 1.  Section 1623 of the Insurance Code is amended to read:

   1623.  An insurance broker is a person who, for compensation and
on behalf of another person, transacts insurance other than life
insurance with, but not on behalf of, an insurer.  Every application
for insurance submitted by an insurance broker to an insurer shall
show that the person is acting as an insurance broker.  If the
application shows that the person is acting as an insurance broker
and is licensed as an insurance broker in the state in which the
application is submitted, it shall be presumed, for licensing
purposes only, that the person is acting as an insurance broker.
Nothing in this section is intended to affect any rights or remedies
otherwise available under the law.