---
type: "Bill"
title: "Insurance: retention risk."
description: "Existing law prohibits domestic insurers from acquiring foreign investments from or located in foreign jurisdictions designated as state sponsors of terrorism by the United States Secretary of State."
jurisdiction: "us/states/ca"
legislature: "California Legislature"
session: "20112012"
identifier: "AB 2160"
citation: "California AB 2160 (20112012)"
classification: ["bill"]
subjects: ["Insurance: retention risk."]
status: "enacted"
primary_sponsors: ["Blumenfield"]
version_count: 9
action_count: 23
vote_count: 5
first_action: "2012-02-23"
last_action: "2012-09-23"
source: "openstates"
source_identifier: "ocd-bill/ae1554d7-62b8-4ab0-84d7-694842906634"
source_url: "http://leginfo.legislature.ca.gov/faces/billNavClient.xhtml?bill_id=201120120AB2160"
source_hash: "5cb88ff4496fef5348217d95d202e771d9b97e129eafd6f9b1ee908056a75970"
vintage: "2026-07-01"
source_snapshot: "https://data.openstates.org/daily/2026-07-01/public.pgdump"
retrieved_at: "2026-07-06"
confidence: "reported"
tags: ["legislation", "bill", "us-ca"]
---

# California AB 2160 (20112012) — Insurance: retention risk.

Existing law prohibits domestic insurers from acquiring foreign investments from or located in foreign jurisdictions designated as state sponsors of terrorism by the United States Secretary of State.

## Version chain

The bill's text revisions, in order — the diff chain from filing to enrollment.

1. **02/23/12 - Introduced** (filed) — [source](https://leginfo.legislature.ca.gov/faces/billPdf.xhtml?bill_id=201120120AB2160&version=20110AB216099INT)
2. **04/30/12 - Amended Assembly** (committee substitute) — [source](https://leginfo.legislature.ca.gov/faces/billPdf.xhtml?bill_id=201120120AB2160&version=20110AB216098AMD)
3. **05/09/12 - Amended Assembly** (committee substitute) — [source](https://leginfo.legislature.ca.gov/faces/billPdf.xhtml?bill_id=201120120AB2160&version=20110AB216097AMD)
4. **05/21/12 - Amended Assembly** (committee substitute) — [source](https://leginfo.legislature.ca.gov/faces/billPdf.xhtml?bill_id=201120120AB2160&version=20110AB216096AMD)
5. **06/12/12 - Amended Senate** (committee substitute) — [source](https://leginfo.legislature.ca.gov/faces/billPdf.xhtml?bill_id=201120120AB2160&version=20110AB216095AMD)
6. **08/06/12 - Amended Senate** (committee substitute) — [source](https://leginfo.legislature.ca.gov/faces/billPdf.xhtml?bill_id=201120120AB2160&version=20110AB216094AMD)
7. **09/23/12 - Chaptered** (committee substitute) — [source](https://leginfo.legislature.ca.gov/faces/billPdf.xhtml?bill_id=201120120AB2160&version=20110AB216092CHP)
8. **AB2160** (committee substitute) — [source](http://leginfo.legislature.ca.gov/faces/billNavClient.xhtml?bill_id=201120120AB2160)
9. **08/27/12 - Enrolled** (enrolled) — [source](https://leginfo.legislature.ca.gov/faces/billPdf.xhtml?bill_id=201120120AB2160&version=20110AB216093ENR)

## Votes

- Do pass as amended. — **8–3** (pass) · lower
- AB 2160 BLUMENFIELD Assembly Third Reading — **63–4** (pass) · lower
- Do pass. — **9–0** (pass) · upper
- AB 2160 BLUMENFIELD Concurrence in Senate Amendments — **73–4** (pass) · lower
- 3rd Reading AB2160 Blumenfield By Anderson — **38–1** (pass) · upper

## Sponsors

- Blumenfield — primary (person)
- Anderson — coauthor (person)
- Calderon — coauthor (person)
- Corbett — coauthor (person)
- Correa — coauthor (person)
- Feuer — author (person)
- Gaines — coauthor (person)
- John A. Pérez — coauthor (person)
- Lieu — coauthor (person)
- Logue — coauthor (person)
- Lowenthal — coauthor (person)
- Price — coauthor (person)
- Steinberg — principal coauthor (person)
- Wyland — coauthor (person)

## Timeline

The legislative action history — every referral, reading, and vote.

- **2012-02-23** Read first time. To print. `reading-1`
- **2012-02-24** From printer. May be heard in committee March 25.
- **2012-03-15** Referred to Com. on INS. `referral-committee`
- **2012-04-30** From committee chair, with author's amendments: Amend, and re-refer to Com. on INS. Read second time and amended. `reading-2, amendment-introduction, reading-1, amendment-passage`
- **2012-05-01** Re-referred to Com. on INS. `referral-committee`
- **2012-05-08** From committee: Do pass as amended. (Ayes 8. Noes 3.) (May 2). `amendment-passage, committee-passage, committee-passage-favorable`
- **2012-05-09** Read second time and amended. Ordered to second reading. `reading-2, reading-1, amendment-passage`
- **2012-05-10** Read second time. Ordered to third reading. `reading-2, reading-1`
- **2012-05-21** Read third time and amended. Ordered to third reading. (Page 4911.) `reading-3, reading-1, amendment-passage`
- **2012-05-25** Read third time. Passed. Ordered to the Senate. (Ayes 63. Noes 4. Page 4975.) `reading-3, reading-1, passage`
- **2012-05-25** In Senate. Read first time. To Com. on RLS. for assignment. `reading-1`
- **2012-06-07** Referred to Com. on INS. `referral-committee`
- **2012-06-12** From committee chair, with author's amendments: Amend, and re-refer to committee. Read second time, amended, and re-referred to Com. on INS. `reading-2, amendment-introduction, reading-1, amendment-passage, referral-committee`
- **2012-07-02** From committee: Do pass. (Ayes 9. Noes 0.) (June 28). `committee-passage, committee-passage-favorable`
- **2012-07-03** Read second time. Ordered to third reading. `reading-2, reading-1`
- **2012-08-06** Read third time and amended. Ordered to second reading. `reading-3, reading-1, amendment-passage`
- **2012-08-07** Read second time. Ordered to third reading. `reading-2, reading-1`
- **2012-08-20** Read third time. Passed. Ordered to the Assembly. (Ayes 38. Noes 1. Page 4588.). `reading-3, reading-1, passage`
- **2012-08-20** In Assembly. Concurrence in Senate amendments pending. May be considered on or after August 22 pursuant to Assembly Rule 77.
- **2012-08-22** Senate amendments concurred in. To Engrossing and Enrolling. (Ayes 73. Noes 4. Page 6107.). `committee-passage-favorable, amendment-passage`
- **2012-08-30** Enrolled and presented to the Governor at 4:30 p.m.
- **2012-09-23** Approved by the Governor. `executive-signature`
- **2012-09-23** Chaptered by Secretary of State - Chapter 479, Statutes of 2012.

## Source

OpenStates / OpenCivicData bulk snapshot [2026-07-01](https://data.openstates.org/daily/2026-07-01/public.pgdump); origin `ocd-bill/ae1554d7-62b8-4ab0-84d7-694842906634`. Confidence: reported (aggregated from official California legislature records).