WELCOME EVERYONE THANK YOU FOR
ATTENDING THIS MEETING TODAY- I
JUST WANT TO WELCOME EVERYONE
HERE AS YOU CAN TELL MY VOICE IS
A LITTLE STRESSFUL MY- SHE IS
VICE CHAIR WHEN OFFERED
GRACIOUSLY TO CONDUCT THE REST
OF THE MEETING SO YOU DON'T HAVE
TO HEAR MY VOICE SO I WANT TO
THANK HER FOR DOING THAT CAN YOU
GO AND SO FROM NOW ON SHE WILL
BE LEADING THE MEETING. CHAIRMAN
THANK. THANK YOU MANAGER WE HAVE
THIRTY THREE. OKAY GOOD
AFTERNOON THE SENATE CONTINUES
TO- WHEN I CALLED THE SENATE TO
ORDER WE HAVE ENOUGH. TO DO WE
HAVE ENOUGH CONCORD OKAY THIS
FIRST. I'M THE SENATE CONTINUES
TO WELCOME THE PUBLIC IN PERSON
AND VIA THE TELE CONFERENCE
SERVICE FOR INDIVIDUAL WISHING
TO PROVIDE PUBLIC COMMENT
TODAY'S PARTICIPANT NUMBER IS.
877-226-8216 THAT'S.
877-226-8216 AND THE ACCESS CODE
IS. SIX TWO ONE SEVEN. ONE SIX
ONE SIX TWO ONE SEVEN ONE SIX
ONE PLEASE NOTE WE WILL BE
HEARING FROM WITNESSES IN
SUPPORT AND OPPOSITION BEFORE
TAKING PUBLIC COMMENT. WE ARE
HOLDING OUR COMMITTEE HEARINGS
HERE IN THE- STREET BUILDING I
ASK ALL MEMBERS OF THE COMMITTEE
TO BE PRESENT IN ROOM TWENTY ONE
HUNDRED SO WE CAN DO WE HAVE
ENOUGH TO EXTEND THE SCORE- WE
ALSO HAVE FOUR BILLS ON CALENDAR
TWO OF THOSE BILLS ON CONSENT.
BEFORE WE HEAR PRESENTATION THE
BILL LET'S ESTABLISH A QUORUM
MADAM S. SYSTEM PLEASE CALL. THE
ROLL. RUBIO PRESENT. RUBIO
PRESENT WHEN HERE. EVERADO GAIL
. DODD JONES. NEW LOW HERE
PORTANTINO. EXAMPLES CURRENT.
THE CAR HAS BEEN ECSTATIC BEFORE
WE BEGIN WITH THE BILLS WE WANNA
ADOPT THE COMMITTEE RULES.
SENATORS YOU'LL HAVE YOU SEE THE
A COPY IS THERE ANY OBJECTION.
C. NONE THE COMMITTEE RULES ARE
ADOPTED. WE HAVE FOUR BILLS ON
CONSENT TWO OF THOSE ARE I'M
SORRY FOR BECAUSE ON CALLAGY OF
THOSE ARE CONSENT IS ANYBODY ANY
MEMBER WISH TO PULL A BILL OFF
OF THE CONSENT CALENDAR. SEE NO
OBJECTION THE PHONE BILLS ARE ON
CONSENT SB FIVE TO EIGHT AND SB
SEVEN FOUR THREE. CAN I GET A
MOTION FOR CONSENT. MMHM SO MOVE
. MOVED BY DOT BUT SENATOR DON.
THE MATH THE MOTION IS TO. THANK
YOU TO HAVE I HAVE TO CALL THE-
OKAY SO IT'S AN PLEASE CALL ONE
COULD. SAN RUBIO YES WHEN YES
ALVORADA GIL YES. DOT JONES
FIVE. ZERO BY PORTANTINO. WE
HAVE A SEVEN. THERE WILL BE NO
WAIT WILL LEAD THE VOTE OPEN.
FOR THE MEN. AT THIS TIME I CO
FIRST AUTHOR SENATOR WHICH YOU-
LIKE TO PRESENT YOUR BILL SB
SEVEN NINE THREE. IT'S NICE TO
SEE ALL IT'S BEEN SUCH A LONG
TIME. AND TO SEE VICE CHAIR
CHAIR. AND GAS AND I FOR MARKETS
. I CAN. NICE TO BE HERE I HERE
TO US SEVEN NINETY THREE. I
THANK YOU SEE- FOR THEIR WORK ON
THIS BILL- EXIST LOVER INSURERS
TO POST THEIR PRIVACY POLICY
ONLINE. THEY ALSO HAVE TO
PROVIDE A WRITTEN COPY OF THIS
POLICY UPON REQUEST TO CONSUMERS
AND THEY HAVE TO SEND OUT A FULL
LENGTH PAPER COPY ANNUALLY- THIS
BILL WOULD ALLOW CALIFORNIA.
PERSONAL INSURERS TO NOT SEND A
FULL LENGTH PAPER COPY IF THE
PRIVACY POLICY IS NOT CHANGED IN
THE PREVIOUS YEAR. THEY DO NOT
SHARE POLICY HOLDER INFORMATION
FOR MARKETING PURPOSES. AND THE
SENATE ABBREVIATED NOTICE TO
CONSUMERS OF THEIR RIGHTS EACH
YEAR IN TWO THOUSAND FIFTEEN.
THE FEDERAL GOVERNMENT PASSED
LEGISLATION TO ELIMINATE THE
REQUIREMENT THAT INSURERS TO
SEND OUT PAPER COPY OF PRIVACY
NOTICES ANNUALLY IF THEY MEET
THE FIRST TWO CRITERIA THAT I
TALKED ABOUT. SINCE THEN FORTY
SEVEN OTHER STATES HAVE UPDATED
THEIR LEGISLATION OR REGULATION
TO ADOPT- THIS CHANGE THIS BILL
WILL ALLOW CALIFORNIA INSURERS
TO DO THE SAME WHILE ALSO GIVING
CONSUMERS A SHORTER NOTICE EACH
YEAR TO REMIND THEM OF KEY
RIGHTS. THAT'S THE PRESENT
PRESENTATION OF THE BILL IN
RESPECTFULLY ASK FOR YOUR
SUPPORT AT THE APPROPRIATE TIME
WITH ME TO TESTIFY IN SUPPORT AS
ALISON TODAY WHO'S THE
LEGISLATIVE ADVOCATE FOR THE
PERSONAL INSURANCE FEDERATION OF
CALIFORNIA. GOOD AFTERNOON SORRY
NORSE. GOOD AFTERNOON MADAM
CHAIR MEMBERS OF THE COMMITTEE
MY NAME IS ALLISON EIGHTY ON
BEHALF OF THE PERSONAL INSURANCE
FEDERATION OF CALIFORNIA WE ARE
VERY HAPPY TO BE HERE SUPPORTING
SB SEVEN NINETY THREE TODAY.
THIS BILL PULLS FROM A TWO
THOUSAND FIFTEEN AMENDMENT TO
THE FIXING AMERICA'S SURFACE
TRANSPORTATION ACT BETTER KNOWN
AS THE PAST OCT. MADE IT
POSSIBLE FOR INSTITUTIONS
SUBJECT TO THE GRAMM LEACH
BLILEY ACT TO ONLY SEND OUT
THEIR PRIVACY NOTICES WHEN
THERE'S BEEN A CHANGE IN THE
POLICY. THIS BILL PUTS A
CALIFORNIA SPIN ON IT AND
ENSURES THAT THERE IS CONSUMER
PROTECTION AND NOTICED THAT GOES
OUT ANNUALLY IN AN ABBREVIATED
FORM. WE ARE VERY EXCITED TO SEE
THIS MOVE FORWARD AND URGE YOUR
SUPPORT THANK YOU. THANK YOU.
WE'LL NOW MOVE ON TO ANY LEAD
WITNESSES IN OPPOSITION. OR DO
WE HAVE. OF THE NINE BUT MORE
SUPPORT. ACTUALLY YEAH IF TO
HEAR SUPPORTS PLEASE. GOOD
AFTERNOON SHERRY MCCUE
REPRESENTED RECURSOS STATION OF
DOMESTIC INSURANCE COMPANIES AND
SUPPORT THE BILL THANK YOU. MATT
POWERS OF THE ASSOCIATION OF
CALIFORNIA LIFE AND HEALTH
INSURANCE COMPANIES ALSO IN
SUPPORT. MARKET SEGMENT WITH
AMERICAN PROPERTY GOVERNMENTS
SENSATIONS FOR THE BILL. ANY
OTHER SUPPORT IN THE ROOM. SEE
NO MORE NOW WE WILL MOVE ON TO
THE LEAD. WITNESS IN OPPOSITION
. MEMBER SEEING NO LEAD.
OPPOSITION ANY WITNESSES WHO
WANTS TO OPPOSE. OKAY WE'LL MOVE
ON NOW ON TWO WAY- TESTIFIED VIA
THE TELECONFERENCE CALL. SOUTH
OF MODERATE WOULD YOU PLEASE POP
THE INDIVIDUALS WAITING TO
TESTIFY IN SUPPORT OR OPPOSITION
OF SB SEVEN NINE THREE. THANK
YOU I'D RECOMMEND IN SUPPORT OR
OPPOSITION. PLEASE PRESS ONE
THAN ZERO. AND THAT'S FOR SB.
SEVEN NINETY THREE. WE HAVE NO
COMMENT THANK YOU AT THIS TIME.
THANK YOU MODERATOR. WHEN I
MOVED BACK TO MEMBERS FOR
DISCUSSION. SOME SAY THERE'S A
MOTION BY CHAIR RUBIO AND
SENATOR GLAZERS WHICH YOU LIKE
PLEASE CLOSE THANK YOU FOR THE
CONSIDERATION THIS SIDE RESOLVE
SOME- OF WORKING OUT ISSUES THAT
THE GUN WILL BUT LONGER THAN I
THINK WE WOULD HOPE TO OVER THE
LAST COUPLE YEARS BUT TO
APPRECIATE THAT THE- ENGAGEMENT
FOR THE DEPARTMENT OF INSURANCE
AND I'M CERTAINLY FROM THE
INDUSTRY IS- WE'VE WORKED THIS.
THIS MATTER I WANT TO THANK IDEA
FROM MY STAFF WHO WAS LED THAT
EFFORT IN THAT RESPECT-
YESTERDAY NIGHT. MAN IN THE
SYSTEM CALL FOR ZERO. FILE ITEM
WHY AS SEVEN NINETY SENATORS
RUBIO RIGHT. WHEN I. EVERADO
GAIL. DODD ALL RIGHT JONES YES.
NEW LOW HI. PORTANTINO. YOU NEED
TO MAKE JONES REDO HIS VOTE. YES
. IF SIX ZERO ONE GREEN PEPPERS
THE VOTES RIGHT CALTRAIN NOW SIX
ZERO WILL GET ON CALL FOR THE
MAY. THANK THANK YOU SENATE I
HOPE THAT I CAN I LONGER ON THIS
AFTER YEARS IT'S A NICE TO COME
BACK YOUR- AND WE MADE IT VERY
FOR YOU TO. AND AT THIS TIME WE
WILL BE HEARING FROM CHAIR RUBIO
IS BUILT ON SB. FIVE ZERO FIVE.
WELL AS BEST AS MY VOICE WILL
ALLOW SO PLEASE FORGIVE ME.
THANK YOU VICE CHAIR SB FIVE OH
FIVE IS AN IMPORTANT BILL THAT
WILL MAKE INSURANCE COVERAGE
MORE AFFORDABLE FOR CONSUMERS
AND BUSINESSES. SB FIVE OH FIVE
WILL EXPAND A FAIR PLANS
EXISTING CLEARING HOUSE PROGRAM
TO INCLUDE COMMERCIAL INSURANCE
POLICY HOLDERS WHICH WILL
ENCOURAGE MORE POLICIES TO SHIFT
BACK OVER TO THE ADMITTED
COMMERCIAL MARKET. IN NINETEEN
SIXTY EIGHT CALIFORNIA CREATED
THE FAIR ACCESS TO INSURANCE
REQUIREMENTS THE FAIR PLAN TO
ENCOURAGE BASIC HOME INSURANCE
COVERAGE AND SHE'S NOT SURE THAT
IT WAS AVAILABLE TO INDIVIDUALS
WHO COULD NOT GET. A POLICY IN
THE PRIVATE VOLUNTARY MARKET
CURRENTLY CALIFORNIA ONLY ALLOWS
RESIDENTIAL PROPERTY INSURANCE
POLICIES IN THE FAIR PLAN. TO
REVIEW TO REVIEW FUSING. TO
REVIEW ONLINE BY THE ADMITTED
MARKET INSURANCE COMPANIES SB
FIVE OFF BY WILL REMEDY THE
SITUATION BY CREATING A
STRUCTURE TO ALLOW COMMERCIAL
PROPERTIES SUCH AS FARMS THAT
ARE CURRENTLY INSURED UNDER THE
FOR A PLAN TO BE REVIEWED
ONLINE. BY THE ADMITTED MARKET
INSURANCE COMPANIES THIS WILL
HELP EASE THE CONFUSION AND
CAUSE FOR THE INSURERS THIS BILL
IS SUPPORTED BY MANY SPONSORS OF
THE BILL INCLUDING THE
CALIFORNIA FARM BUREAU.
FEDERATION AND INSURANCE
COMMISSIONER RICARDO LARA AND
THIS BILL HAS NO OPPOSITION HERE
WITH ME- IN SUPPORT OR THE
CALIFORNIA FARM BUREAU
FEDERATION WHETHER CLOSE
SPONSORS AND ON BEHALF OF
COMMISSIONER RICARDO LARA. CDI
TO TESTIFY IN SUPPORT. PLEASE.
GOOD AFTERNOON SURE RUBIO
MEMBERS MY NAME IS PETER ANTS ON
A POLICY ADVOCATE FOR THE
CALIFORNIA FARM BUREAU.
REPRESENT OVER TWENTY EIGHT
THOUSAND FARMERS ACROSS TWENTY
THOUSAND FARMS IN THE STATE-
TYPICALLY CALIFORNIA FARMERS
FACE ONE INSURANCE POLICY WHEN
THEY GO GET INSURED AND THAT'S
BECAUSE- RESIDENTIAL INSURANCE
POLICIES FOR THE FARM HOUSE ARE
OFTEN ON THE SAME PARCELS WHERE
THE COMMERCIAL POLICIES FOR THE
FARMING BUSINESS. BUT AS THOSE
POLICIES MOVE INTO THE FAIR PLAN
THEY'RE OFTEN BROKEN UP INTO
MULTIPLE INSURANCE POLICIES.
THAT'S CONDITIONS IMPROVE IN OUR
COMMUNITY AND THOSE RESIDENTIAL
POLICIES HAVE AN OPPORTUNITY TO
PARTICIPATE. IN THE CLEARING
HOUSE INSIDE THE FAIR PLAN AND
MAKE THEIR WAY BACK TO BE
ADMITTED MARKET. RIGHT NOW THOSE
COMMERCIAL POLICIES YOU FARMERS
ARE STILL INSIDE FAIR PLAN. SB
FIVE OH FIVE TAKES A SIMPLE
APPROACH JUST INCLUDE THOSE
COMMERCIAL POLICIES IN THE
EXISTING OPERATION OF THE
CLEARINGHOUSE. DOES MAKE ANY
OTHER CHANGES BUT THIS WOULD BE
A SIGNIFICANT IMPROVEMENT TO
CURRENT CONDITIONS FOR FARM
BUREAU MEMBERS SATURN SIGNED THE
FAIR PLAN. BECAUSE OF THEY CAN
GET BACK TO A SINGLE
CONSOLIDATED POLICY ADMITTED
MARKET. IT'LL MEAN THAT THEY'LL
SPEND MORE TIME PRODUCING FRESH
FRUITS NUTS AND VEGETABLES FOR
CALIFORNIA'S AND FOR THE NATION.
AND LAST TIME SPENDING TRYING TO
FIGURE OUT HOW TO BE- MANAGERS
OF THEIR INSURANCE POLICIES. WE
APPRECIATE THE SUPPORT FROM THE
CALIFORNIA DEPARTMENT OF
INSURANCE FAIR PLANS BEEN GREAT
TO WORK WITH SO FAR- THE OTHER
SUPPORTERS ON THE BILL- AND BILL
HAS NO OPPOSITION. AND I
APPRECIATE ALL THE HELP FROM
SENATOR RUBIO MAKING- AND
INSURANCE AFFORDABLE TO
CALIFORNIA CONSUMERS AND OUR
FARMERS. THANK YOU THANK. YOU
THANKS. GOOD AFTERNOON MICHAEL
MARTINEZ CHIEF DEPUTY HERE ON
BEHALF OF INSURANCE COMMISSIONER
CARLOTTA PROUD CO SPONSOR THIS
MEASURE AND IN PARTNERSHIP WITH
THE CHAIR TO RUBIO ONE FINGER
FOR HER LEADERSHIP AND- OFFERING
THIS MEASURE AND WE DO SUPPORT
THIS MEASURE. WORKING WITH-
PARTING WITH THE FARM BUREAU AND
THE FAIR PLAN AND IN
IMPLEMENTING WITHOUT A VERY
SUCCESSFUL. A WE BELIEVE
HOMEOWNERS. THE CLEARING HOUSE
THAT HAS BEEN A AND IMPLEMENTED
UNDER EXISTING LAW WE CAN WE CAN
PARTNERING TO HAVE THAT BE
SUCCESS. AND WE FEEL AND BELIEVE
THIS THIS BILL WILL HELP ON THE
COMMERCIAL SIDE CREATE A
SUCCESSFUL PROGRAM TO GET. FAIR
PLAN POLICIES BACK INTO THE MID
MARKET WHICH IS OUR NUMBER ONE
PRIORITY THIS IS ONE OF SEVERAL
STRATEGIES THAT THE COMMISSION A
LOT AS WE- ARE MOVING FORWARD
TO- CONTINUE TO WORK AND HAVING
THE ADMITTED MARKET- RIGHT MORE
IN THE MOVIE THANK YOU VERY MUCH
FOR YOUR CONSIDERATION. THANK
YOU. NOW LET'S HEAR FROM MANY
OTHERS SUPPORT WITNESSES. PLEASE
LEAVE YOUR NAME ORGANIZATION AND
SUPPORT IT AFTER ARMAGEDDON-
ABOUT THE FAIR PLAN IS FOR THE
BILL. GOOD AFTERNOON MADAM CHAIR
MEMBERS- JOHN OR WOULD ON BEHALF
OF THE INDEPENDENT INSURANCE
AGENTS AND BROKERS OF CALIFORNIA
THANK YOU. MARKET SEGMENT WITH
AMERICAN PROPERTY CASUALLY
INSURANCE ASIAN SUPPORT OF THE
BILL. HILL NOW WILL MOVE TO. ANY
LEAD WITNESSES IN OPPOSITION. C.
NINE ANY INDIVIDUAL WANTS TO
COME UP AND OPPOSE. WELL NOW
WILL MOVE TO A MODERATE WOULD
YOU PLEASE PROP AND SEE MANY
INDIVIDUALS WHO. WOULD LIKE TO
TESTIFIED IN SUPPORT OR
OPPOSITION OF SB FIVE ZERO FIVE
. YES AND TO PROVIDE COMMENTS IN
SUPPORT OR OPPOSITION PLEASE
PRESS ONE THEN ZERO. FOUR SP.
FIVE ZERO FIVE. AND WE HAVE NO
COMMENT THANK YOU AT THIS TIME.
THANK YOU FOR NOW BRING IT BACK
TO THE STATION WITH MEMBERS.
COMMENTS QUESTIONS. I'M MORE IF-
ONE OF THE- TWO WITNESSES COULD
KIND OF TAKE ME THROUGH FIRST BY
SUPPORT THE BILL I THINK THIS
IS. A FANTASTIC THAT WORD BNC
THE BALL TO TRY TO GET TO THE
PEOPLE BACK IN THE ADMITTED
MARKET I JUST DON'T I'VE READ
THIS THING AND LISTEN THE TEST
WHERE I DON'T GET HOW IT WORKS.
JUST I MEAN YOU'RE JUST POSTING
. KEEP KEEP ANYBODY. TRYING TO
THERE YOU GO. HELLO STARTED OUT
. GOOD OBVIOUSLY THE VERY OF BUT
BUT TWO YEARS AGO THE PLAN WAS
LOOKING FOR A WAY TO THE- THEIR
THIRD MOMENT RIGHT. PART OF THAT
PROCESS IF SOMEBODY LIKE A- ANY
INTEREST CARE WANTED TO REACH
OUT TO THE FAIR PLAN WORKING
WITH THE BROKERS AND TAKE ON
THAT RISK. THAT THEY CAN DO THAT
THEY CAN GO ACTUALLY COME WORK
WITH A BROKER AND ACCESS THAT
POLICY. AND SEE IF THEY WANT TO
GO BACK TO THE PRIVATE MARKET.
SO THE WHOLE IDEA IS THE FAIR
PLAN SHOULD BE THE INSURANCE OF
LAST RESORT. AND THIS JUST GIVES
A POSSIBILITY THAT ALL THE
INFORMATION IS OUT THERE SO
PEOPLE IN THE COMMERCIAL MARKET
PRIVATE RIGHT CAN LOOK AT IT
COMPETE FOR THEIR BUSINESS
CORRECT SO IT'S GOOD ALL RIGHT.
THANK YOU. I'M SURE I MOVED THE
BILL. NO OTHER QUESTIONS OR
COMMENTS THERE'S A MOTION SENATE
. THIS TO COMMENT- CENTER RUBY I
WANT TO THANK YOU SO MUCH FOR
ALL YOUR HARD WORK THAT YOU'VE
BEEN DOING AS OUR CHAIR OF THE
INSURANCE COMMITTEE ADDED
WORKING WITH COMMISSION A LOT US
OFFICE TO ENSURE THAT. THE THE
FAIR PLAN THE CALIFORNIA FAIR
PLAN CONTINUES TO EVOLVE AND
MEET THE NEEDS OF CALIFORNIA-
PARTICULARLY WITH THIS BILL
LOOKING AT OUR OUR FARMER
FARMING INDUSTRY IN OUR ATLANTA
I THINK THAT THIS IS A STEP IN
THE RIGHT DIRECTION AND I LOOK
FORWARD TO SEEING MORE BILLS- IN
COLLABORATION WITH THE INSURANCE
INDUSTRY. TO ENSURE THAT OUR
CONSUMERS ARE FURTHER PROTECTED
THANK YOU. THANK YOU. SENATOR
MADAM CHAIR WHICH IS LIKE TO
CLOSE. HIS WHEN I SAY THINK
ELECT EVERYONE THAT TESTIFIED
CURRENT TO THE MEMBERS ARE
RESPECTFULLY ASK FOR YOUR VOTE
THANK YOU. THANK YOU THERE'S A
MOTION. MADAM ASSISTANT PLEASE
CALL FOR THE- LOW. FILE ITEM TWO
SB FIVE OH FIVE THE MOTION IS
DUE PASSED TO THE COMMITTEE ON
APPROPRIATIONS RUBIO. FIVE WHEN
I. I'LL VARADA GIL. DODD JONES.
A NEW LOW HI. PORTANTINO. THERE
SIX ZERO WILL PUT THE BILL ON
CALL FOR. THE MEMBER TO COME BY
.
NUMBER ONE. AGAIN IT WILL NOT
START THE SAN. WE'RE GONNA NOW
OPEN THE ROAD. OPEN FOR THE ROLE
CAN YOU MATTER ASSISTANT LESS
WITH CONSENT CALENDAR. SENATOR
PORTMAN. OKAY THE CAN SAID BILL
IS OUT. AND I DON'T HAVE MUCH OF
I'M- WHAT NOW SO TO FILE ITEM
ONE S. SEVEN NINE THREE. SB
SEVEN NINETY THREE THE MOTION IS
DUE PASSED TO THE COMMITTEE ON
JUDICIARY SENATOR PORTANTINO.
SEVEN SEVEN ZERO THE BILL
RECEIVE SEVEN ZERO BILLS OUT
NEXT IS ITEM FILE ITEM TWO SP
FIVE ZERO FIVE. THE MOTION IS
DUE PASSED TO THE COMMITTEE ON
APPROPRIATIONS SENATOR
PORTANTINO. FIFTY SEVEN ZERO.
THE BILL RECEIVED SEVEN ZERO
VOTE THE BILLS OUT. EVERYBODY
FOR THE- TO A CLOSER TO SCHOOL.
BUT THIS TIME WE ARE DONE AND
FOR WITH THE SENATE ENSURE
COMMITTEE HEARING THANK YOU. AND
ALLOW I WOULD. SO MOST.