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Issue

Bill #

Bill Description

Miscellaneous New Insurance Provisions

(Claims Settlement Notification)

AB 137

Requires insurers to mail written notification of payment to a claimant at his last known address if the insurer is paying a claim of $5,000 or more to a person other than the claimant when the claimant is a natural person. LAW. Effective 10/1/05. Chapter 281, Laws of 2005.

Motor Vehicle Insurance

(Accident Reports)

SB 175

Requires law enforcement representatives to furnish copies of accident reports to injured parties or their legal representatives and to insurers within seven days upon written request for such information. LAW. Effective 10/1/05. Chapter 216, Laws of 2005.

(Miscellaneous New Motor Vehicle Provisions - Vehicle Event Recording Devices)

AB 315

Requires disclosure of certain event recording devices in motor vehicles, restricts the use of data retrieved from such devices and establishes related penalties. LAW. Effective 1/1/06. Chapter 361, Laws of 2005.

Omnibus Insurance Law Changes

AB 338

Makes numerous changes to the state's insurance laws impacting premium taxes and certain fees for risk retention groups, regulation of credit personal insurance, insurer investment opportunities (allowing for investment in bonds and notes secured by second liens on real property in certain circumstances), producer commissions, the state guaranty association as well as consumer credit insurance and captive insurers. LAW. Various effective dates. Please refer to the complete text of this law. Chapter 456, Laws of 2005.

Privacy/Breach of Security

AB 334

Establishes social security number protections and notification requirements for businesses about actual or suspected instances of a security breach of personal information. LAW. Effective 1/1/07. Chapter 487, Laws of 2005.

Privacy/Breach of Security

SB 80

Establishes requirements and procedures for consumers to place security freezes in certain files maintained by credit reporting agencies. LAW. Effective 10/1/05. Chapter 391, Laws of 2005.

Privacy/Breach of Security

SB 347

Requires data collectors that own or license computerized data that includes personal information to disclose any breach of the security of its system data to any state resident whose unencrypted personal information was, or is reasonably believed to have been, acquired by an unauthorized person. LAW. Various effective dates. Chapter 485, Laws of 2005.

Tort Reform

(Arbitration, Jury Regulation)

AB 468

Adopts changes to arbitration and other forms of alternative dispute resolution in civil actions and amends provisions governing juries. LAW. Effective 5/18/05. Chapter 122, Laws of 2005.

Workers' Compensation

(Fines and Penalties)

AB 254

Increases the maximum administrative fines and benefit penalties the state industrial relations division may impose on an insurer, managed care organization, health care provider, third-party administrator or employer and expands the violations for which a benefit penalty can be imposed. LAW. Effective 10/1/05. Chapter 322, Laws of 2005.