Existing law requires an insurer transacting life insurance in California to register its policies with the Insurance Commissioner and comply with specified provisions of the Insurance Code relating to, among others, reserve liabilities, capital requirements, and disclosure requirements for replacement of life insurance policies. Existing law regulates illustrations used in the sale of a life insurance policy. Existing law requires an insurer to provide notice to the policyholder of a life insurance policy upon an increase of premium if that policy provides for premium changes, as specified.
Existing law requires an insurer transacting life insurance in California to register its policies with the Insurance Commissioner and comply with specified provisions of the Insurance Code relating to, among others, reserve liabilities, capital requirements, and disclosure requirements for replacement of life insurance policies. Existing law regulates illustrations used in the sale of a life insurance policy. Existing law requires an insurer to provide notice to the policyholder of a life insurance policy upon an increase of premium if that policy provides for premium changes, as specified.
Version chain
The bill's text revisions, in order — the diff chain from filing to enrollment.
The legislative action history — every referral, reading, and vote.
2018-02-15 Read first time. To print. reading-1
2018-02-16 From printer. May be heard in committee March 18.
2018-03-08 Referred to Com. on INS. referral-committee
2018-04-24 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
2018-04-25 Re-referred to Com. on INS. referral-committee
2018-05-02 From committee: Do pass. To Consent Calendar. (Ayes 13. Noes 0.) (May 2). committee-passage-favorable, committee-passage
2018-05-03 Read second time. Ordered to Consent Calendar. reading-2, reading-1
2018-05-10 Read third time. Passed. Ordered to the Senate. (Ayes 73. Noes 0. Page 5129.) reading-3, passage, reading-1
2018-05-10 In Senate. Read first time. To Com. on RLS. for assignment. reading-1
2018-05-24 Referred to Com. on INS. referral-committee
2018-06-06 In committee: Set, first hearing. Hearing canceled at the request of author.
2018-06-18 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-passage, referral-committee, reading-2, reading-1, amendment-introduction
2018-07-02 From committee: Amend, and do pass as amended. (Ayes 12. Noes 0.) (June 27). amendment-passage, committee-passage, amendment-introduction
2018-07-03 Read second time and amended. Ordered to third reading. reading-1, amendment-passage, reading-2
2018-08-20 Read third time and amended. Ordered to second reading. amendment-passage, reading-3, reading-1
2018-08-21 Read second time. Ordered to third reading. reading-2, reading-1
2018-08-27 Read third time. Passed. Ordered to the Assembly. (Ayes 39. Noes 0. Page 5804.). reading-3, passage, reading-1
2018-08-27 In Assembly. Concurrence in Senate amendments pending. May be considered on or after August 29 pursuant to Assembly Rule 77.
2018-08-29 Senate amendments concurred in. To Engrossing and Enrolling. (Ayes 79. Noes 0. Page 6839.). committee-passage-favorable, amendment-passage
2018-09-07 Enrolled and presented to the Governor at 2:30 p.m.
2018-09-19 Approved by the Governor. executive-signature
2018-09-19 Chaptered by Secretary of State - Chapter 545, Statutes of 2018.
Source
OpenStates / OpenCivicData bulk snapshot 2026-07-01; origin ocd-bill/528b52b1-9c0b-4b4a-9976-73c2cb015762. Confidence: reported (aggregated from official California legislature records).