SB 60 California Senate · 2015-2016 Regular Session

Insurance policies.

Summary
Existing law defines "insurable interest" with respect to life and disability insurance as an interest based upon a reasonable expectation of pecuniary advantage through the continued life, health, or bodily safety of another person and consequent loss by reason of that person's death or disability or a substantial interest engendered by love and affection in the case of individuals closely related by blood or law. Existing law provides that a person has an insurable interest in, among other things, the life and health of himself or herself. This bill would make technical, nonsubstantive changes to those provisions.
Bill status in committee 1 of 4 stages cleared
Introduction
Dec 2014
Committee Review
Floor Vote
Governor
Introduced Dec 19, 2014 Last action Feb 1, 2016
Floor votes

How they voted

No floor votes recorded yet.
Full legislative history

Actions timeline

Total actions
5
Key actions
0
Committee
1
Jan 15, 2015
Committee
Referred to Com. on RLS.
upper
Dec 19, 2014
Introduced
Introduced. To Com. on RLS. for assignment. To print.
upper
1 primary · 0 co-sponsors

Sponsors

Role
Legislator
Party
State
District
P
Photo of Steve Knight
Steve Knight
RRepublican
CA
21