(1) Existing law requires an entity seeking to be licensed as a risk retention group to be organized under California law and licensed as a liability insurance company. A risk retention group is a corporation, public entity, or other limited liability association that meets certain criteria, including that its primary activity consists of assuming and spreading all, or any portion, of the liability exposure of its group members. Existing law also exempts risk retention groups from the Business Transacted with Producer Controlled Insurer Act, which regulates controlled insurers, as prescribed.
California AB 1391 (20132014) — Insurance: omnibus.
(1) Existing law requires an entity seeking to be licensed as a risk retention group to be organized under California law and licensed as a liability insurance company. A risk retention group is a corporation, public entity, or other limited liability association that meets certain criteria, including that its primary activity consists of assuming and spreading all, or any portion, of the liability exposure of its group members. Existing law also exempts risk retention groups from the Business Transacted with Producer Controlled Insurer Act, which regulates controlled insurers, as prescribed.
Version chain
The bill's text revisions, in order — the diff chain from filing to enrollment.
AB 1391 INS. Consent Calendar Second Day — 75–0 (pass) · lower
3rd Reading AB1391 Committee on INS. (Perea) By Calderon — 36–0 (pass) · upper
Do pass as amended and re-refer to Committee on Appropriations with recommendation: To Consent Calendar. — 13–0 (pass) · lower
Do pass as amended, and re-refer to the Committee on Appropriations. — 9–0 (pass) · upper
AB 1391 INS. Concurrence in Senate Amendments By PEREA — 78–0 (pass) · lower
Do pass, to Consent Calendar. — 17–0 (pass) · lower
Sponsors
Committee on Insurance — primary (person)
Timeline
The legislative action history — every referral, reading, and vote.
2013-03-04 Read first time. To print. reading-1
2013-03-05 From printer. May be heard in committee April 4.
2013-03-14 Referred to Com. on INS. referral-committee
2013-04-03 From committee chair, with author's amendments: Amend, and re-refer to Com. on INS. Read second time and amended. amendment-introduction, amendment-passage, reading-2, reading-1
2013-04-04 Re-referred to Com. on INS. referral-committee
2013-04-10 From committee: Do pass as amended and re-refer to Com. on APPR. with recommendation: to consent calendar. (Ayes 13. Noes 0.) (April 10). committee-passage-favorable, committee-passage, amendment-passage
2013-04-11 Read second time and amended. reading-2, reading-1, amendment-passage
2013-04-15 Re-referred to Com. on APPR. referral-committee
2013-05-02 From committee: Do pass. To consent calendar. (Ayes 17. Noes 0.) (May 1). committee-passage-favorable, committee-passage
2013-05-06 Read second time. Ordered to consent calendar. reading-2, reading-1
2013-05-09 Read third time. Passed. Ordered to the Senate. (Ayes 75. Noes 0. Page 1345.) reading-3, reading-1, passage
2013-05-09 In Senate. Read first time. To Com. on RLS. for assignment. reading-1
2013-05-23 Referred to Com. on INS. referral-committee
2013-06-05 In committee: Set, first hearing. Hearing canceled at the request of author.
2013-06-17 From committee chair, with author's amendments: Amend, and re-refer to committee. Read second time, amended, and re-referred to Com. on INS. amendment-introduction, amendment-passage, reading-2, reading-1, referral-committee
2013-06-26 From committee: Do pass as amended and re-refer to Com. on APPR. (Ayes 9. Noes 0.) (June 26). committee-passage-favorable, committee-passage, amendment-passage
2013-06-27 Read second time and amended. Re-referred to Com. on APPR. amendment-passage, reading-2, reading-1, referral-committee
2013-08-12 From committee: Be placed on second reading file pursuant to Senate Rule 28.8. committee-passage
2013-08-13 Read second time. Ordered to third reading. reading-2, reading-1
2013-08-19 Read third time and amended. Ordered to second reading. reading-3, reading-1, amendment-passage
2013-08-20 Read second time. Ordered to third reading. reading-2, reading-1
2013-08-22 Read third time. Passed. Ordered to the Assembly. (Ayes 36. Noes 0. Page 1943.). reading-3, reading-1, passage
2013-08-22 In Assembly. Concurrence in Senate amendments pending. May be considered on or after August 24 pursuant to Assembly Rule 77.
2013-08-26 Senate amendments concurred in. To Engrossing and Enrolling. (Ayes 78. Noes 0. Page 2694.). committee-passage-favorable, amendment-passage
2013-09-03 Enrolled and presented to the Governor at 2 p.m.
2013-09-20 Approved by the Governor. executive-signature
2013-09-20 Chaptered by Secretary of State - Chapter 321, Statutes of 2013.
Source
OpenStates / OpenCivicData bulk snapshot 2026-07-01; origin ocd-bill/3c737508-b4e0-4d6b-8821-573d2bbd8ec8. Confidence: reported (aggregated from official California legislature records).