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2026-07-06 17:28:36 -04:00

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type, title, description, jurisdiction, legislature, session, identifier, citation, classification, subjects, status, primary_sponsors, version_count, action_count, vote_count, first_action, last_action, source, source_identifier, source_url, source_hash, vintage, source_snapshot, retrieved_at, confidence, tags
type title description jurisdiction legislature session identifier citation classification subjects status primary_sponsors version_count action_count vote_count first_action last_action source source_identifier source_url source_hash vintage source_snapshot retrieved_at confidence tags
Bill Reserve requirements. Existing law requires the Insurance Commissioner to promulgate regulations for the computation of the amount of reserves to be maintained by each insurer transacting business in this state. Under existing law, the minimum reserve requirement prescribed by the commissioner pursuant to those regulations cannot be less than 60% of certain liability insurers' earned premiums during each year less the amount already paid for related incidental losses and expenses, as specified. us/states/ca California Legislature 20092010 AB 2002 California AB 2002 (20092010)
bill
Reserve requirements.
enacted
Huffman
4 15 4 2010-02-17 2010-07-09 openstates ocd-bill/39702eda-3e77-4f89-8397-1e69e617fdf8 http://leginfo.legislature.ca.gov/faces/billNavClient.xhtml?bill_id=200920100AB2002 5843aa52c5c69be490ca8671ec106724ffe5c7c0fda8b1475670cb7be393b00b 2026-07-01 https://data.openstates.org/daily/2026-07-01/public.pgdump 2026-07-06 reported
legislation
bill
us-ca

California AB 2002 (20092010) — Reserve requirements.

Existing law requires the Insurance Commissioner to promulgate regulations for the computation of the amount of reserves to be maintained by each insurer transacting business in this state. Under existing law, the minimum reserve requirement prescribed by the commissioner pursuant to those regulations cannot be less than 60% of certain liability insurers' earned premiums during each year less the amount already paid for related incidental losses and expenses, as specified.

Version chain

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

  1. 02/17/10 - Introduced (filed) — source
  2. 07/09/10 - Chaptered (committee substitute) — source
  3. AB2002 (committee substitute) — source
  4. 06/25/10 - Enrolled (enrolled) — source

Votes

  • Do pass and be placed on the Consent Calendar. — pass (pass) · upper
  • Consent Calendar 2nd AB2002 Huffman — pass (pass) · upper
  • AB 2002 HUFFMAN Consent Calendar Second Day Regular Session — pass (pass) · lower
  • Do pass, to Consent Calendar. — pass (pass) · lower

Sponsors

  • Huffman — primary (person)

Timeline

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

  • 2010-02-17 Read first time. To print. reading-1
  • 2010-02-18 From printer. May be heard in committee March 20.
  • 2010-03-04 Referred to Com. on INS. referral-committee
  • 2010-04-07 From committee: Do pass. To Consent Calendar. (April 7). committee-passage-favorable, committee-passage
  • 2010-04-08 Read second time. To Consent Calendar. reading-2, reading-1
  • 2010-04-15 Read third time, passed, and to Senate. (Ayes 70. Noes 0. Page 4688.) reading-3, passage, reading-1
  • 2010-04-15 In Senate. Read first time. To Com. on RLS. for assignment. reading-1
  • 2010-04-29 Referred to Com. on B., F. & I. referral-committee
  • 2010-06-17 From committee: Do pass. To Consent Calendar. (June 16). committee-passage-favorable, committee-passage
  • 2010-06-21 Read second time. To Consent Calendar. reading-2, reading-1
  • 2010-06-24 Read third time, passed, and to Assembly. (Ayes 31. Noes 0. Page 4057.) reading-3, passage, reading-1
  • 2010-06-24 In Assembly. To enrollment.
  • 2010-06-30 Enrolled and to the Governor at 11:15 a.m.
  • 2010-07-09 Approved by the Governor. executive-signature
  • 2010-07-09 Chaptered by Secretary of State - Chapter 61, Statutes of 2010.

Source

OpenStates / OpenCivicData bulk snapshot 2026-07-01; origin ocd-bill/39702eda-3e77-4f89-8397-1e69e617fdf8. Confidence: reported (aggregated from official California legislature records).