1. Senate Committee Passes Interstate Banking Bill

    SACRAMENTO, CA , June 8, 2017 - The California Senate Insurance, Banking and Financial Institutions Committee unanimously approved AB 1460 this week, a bill that would modernize location requirements for insurance broker-agent trust accounts. The bill, supported by InsurBanc and IIABCal, woul...

  2. Controversial Workers’ Comp Bill Removed From Agenda

    SACRAMENTO, CA – April 19, 2017 - AB 206 (Gonzalez-Fletcher, D-San Diego), a bill that requires workers comp insurance to day laborers, such as nannies and landscape maintenance workers, was removed from the agenda of the California Assembly Insurance Committee today. “This was one of...

  3. IIABCal & Others Fight Single-Payer Healthcare Bill

    SACRAMENTO, CA , May 18, 2017 - IIABCal and industry partners continue to be heavily involved in a fight against a universal single-payer healthcare bill before the California Legislature.  Next Monday, universal single payer healthcare legislation could very well be considered by the S...

  4. Assembly Committee To Hear Key Insurance Bills

    SACRAMENTO, CA, April 13, 2017 - Next Wednesday, April 19, looms large as the California Assembly Insurance Committee is scheduled to hear a number of key insurance bills.  Many of these measures are being heavily lobbied behind the scenes, as sponsors attempt to garner sufficient support to mo...

  5. Assembly Bill Would Allow Interstate Insurance Agency Banking

    SACRAMENTO, CA, March 29, 2017 - A bill to modernize California Banking laws would allow an insurance agent or broker to maintain his or her fiduciary account, required by law, in any state or federally chartered bank or financial institution. The bill - AB 1460 (Assembly Member Matt Dababneh, D-Enc...

  6. Federal Appeals Court Invalidates FCC “Solicited Fax” Regulations

    WASHINGTON, D.C., April 6, 2017 — In a split decision, the U.S. Court of Appeals for the District of Columbia Circuit has invalidated Federal Communication Commission regulations, promulgated under the federal Telephone Consumer Protection Act of 1991 (TCPA), that required fax advertisements s...

  7. Big Fight Anticipated Over Work Comp Day Labor Bill

    A bill to provide workers' comp coverage to day laborers providing occasional work to homeowners is shaping up to be one of the major conflicts of the 2017 California legislative session, IIABCal Lobbyist John Norwood said. AB 206 would eliminate the requirement under current law that a per...

  8. Big “I” Questions McCarran-Ferguson Repeal Efforts

    WASHINGTON, D.C., March 22, 2017—The Independent Insurance Agents & Brokers of America (IIABA or the Big “I”) today expresses concern over the U.S. House of Representatives’ passage of H.R. 372, the “Competitive Health Insurance Reform Act of 2017,” by Rep. Pa...

  9. Court Permits CDI To Ignore Actual Expenses In Setting Insurer Rates

    SACRAMENTO, CA, Feb. 16, 2017 —The Third District Court of Appeals has upheld a decision permitting California Insurance Commissioner Dave Jones to ignore “institutional advertising” expenses incurred by Mercury in responding to the insurer’s request for a 3.9-percent rate in...

  10. 2017 IIABCal Officers & Directors Take Office

    SANTA MONICA, Feb.  2, 2017 -- The 2017 officers and directors of IIABCal were installed this week during the Winter Conference Annual Meeting &  Installation Luncheon. Sworn in to office on the Executive Committee were:  Dave Nelson, Principal of Tegner-Miller Insurance, Sa...
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