BILL ANALYSIS                                                                                                                                                                                                    



                                                                  AB 2535
                                                                  Page  1

          Date of Hearing:   April 21, 2010

                           ASSEMBLY COMMITTEE ON INSURANCE
                                 Jose Solorio, Chair
               AB 2535 (Blakeslee) - As Introduced:  February 19, 2010
           
          SUBJECT  :   Insurance: California Earthquake Authority

           SUMMARY :  Requires certain public documents of the California  
          Earthquake Authority (CEA) to be available to the public in  
          electronic form upon request.  Specifically,  this bill:

           1)Requires that the materials and documents used by the CEA to  
            make the determination to open participation in the CEA to  
            insurers or insurance groups who have not elected to join the  
            CEA to also be made available in electronic form upon request  
            by a member of the public.

          2)Makes technical, nonsubstantive changes.

           EXISTING LAW  :

          1)Authorizes the California Earthquake Authority (CEA) to allow  
            participation in the CEA by insurers who, to date, have not  
            elected to participate if the CEA makes certain findings  
            regarding its financial condition or the Insurance  
            Commissioner or the board of the CEA finds that it is  
            necessary to broaden the availability of residential  
            earthquake insurance.  

          2)Requires a finding of necessity to open participation to  
            non-CEA members that states the specific facts and conditions  
            that establish the necessity and justify the actions to open  
            participation to new member insurers or insurance groups. 

          3)Requires that the materials and documents used by the CEA to  
            make the determination to open participation to non-CEA  
            members be considered public documents and requires that a  
            copy of these materials shall be available to the public.

           FISCAL EFFECT  :   Undetermined.

           COMMENTS  :

           1)Purpose.   The purpose of this bill is to increase public  








                                                                  AB 2535
                                                                  Page  2

            access to materials used by the California Earthquake  
            Authority which are considered public documents to be made  
            available to the public in electronic form.

           2)Background.   The Author states that in 1996 the California  
            Legislature established the CEA as a publicly managed, largely  
            privately funded entity.  Insurance companies that sell  
            residential property insurance in California can choose to  
            offer their own privately funded earthquake insurance or they  
            can become a participating insurance company in the CEA.  Only  
            participating insurers can offer CEA earthquake insurance  
            policies.  

          The CEA has the authority to open up the CEA to nonparticipating  
            insurers and to modify the requirements for entry into the CEA  
            based upon a finding of necessity, as specified in law.  All  
            materials and documents used or prepared by the CEA to make  
            that finding of necessity are considered public documents.   
            Copies of those public documents must be made available to the  
            public for inspection at no charge, and members of the public  
            may purchase copies of the documents from the CEA at actual  
            cost.

           3)Arguments in Support.   The author points out that an existing  
            section of law (Gov Code Section 6253.9) provides that  
            agencies that have information that constitutes a public  
            record and it is in an electronic format shall make that  
            information available to the public in an electronic format.   
            While the CEA is not considered a state agency, it was created  
            by the Legislature and is publicly governed.  Therefore, the  
            CEA should be required to provide electronic access to public  
            records.

           REGISTERED SUPPORT / OPPOSITION  :   

          Support 
           
          Personal Insurance Federation of California (Sponsor)

           Opposition 
           
          None received.
           
          Analysis Prepared by  :    Manny Hernandez / INS. / (916) 319-2086  









                                                                  AB 2535
                                                                  Page  3