California May Give Lawmakers More Clout Over Commissioner
April 30, 2019 by Joseph D'Allegro
Members of the California Insurance Committee voted 14-0 Wednesday to approve Assembly Bill 1591 — a bill that could increase the amount of information lawmakers receive from the state’s insurance commissioner.
AB 1591 would require the California insurance commissioner to inform members of key policy and fiscal committees of National Association of Insurance Commissioners (NAIC) activities at least every other year. The commissioner’s office would need to identify laws that could authorize future NAIC changes to take effect in California without additional legislative action.
“The purpose of this act is to ensure that the National Association of Insurance Commissioners (NAIC) and the National Council of Insurance Legislators (NCOIL) are properly supported so insurance public policymakers are kept informed concerning issues that are dependent on legislative authority,” according to the bill text.
The current California insurance commissioner is Ricardo Lara.
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