Calif. OKs 2 Bills To Modernize Insurance Regs
The California Assembly voted 78-0 to approve S.B. 1216, which covers the certification process for foreign reinsurers, and S.B. 1448, which deals with reporting requirements for insurance conglomerates. The state Senate had already greenlighted both measures in May.
California Insurance Commissioner Dave Jones praised state lawmakers for passing S.B. 1216...
To view the full article, register now.