Insurance.

(1) Existing law governs annuities and, for those insurance contracts that provide cash surrender benefits, prescribes the cash surrender benefit available prior to maturity. Existing law authorizes an insurer to require a contract owner to complete an administrative form as part of the surrender process and requires the insurer to provide the administrative form to the contract owner within two business days of the request. This bill would instead require the insurer to send or mail the administrative form to the contract owner within two business days of the request. (2) Existing law exempts from requirements for providing insurance set forth in the Insurance Code firefighters', police officers', and peace officers' benefit and relief associations that comply with specified criteria, including, among other things, a requirement that the membership consist solely of peace officers, members of police or fire departments, and emergency medical personnel employed by fire departments, as specified. Existing law prohibits these associations from operating or doing business in the state without a certificate of authority. This bill would require an association to renew its certificate of authority on or before July 1, 2019, and every 5 years thereafter. The bill would authorize the Insurance Commissioner to revoke an association's certificate of authority under specified circumstances after mailing written notice to the association. (3) Existing law generally regulates motor clubs and prohibits a person from rendering motor club service in this state without first obtaining from the Insurance Commissioner a certificate of authority to act as a motor club. This bill would delete the definition of bail bond services in provisions relating to motor clubs. (4) Existing law generally provides for the regulation of insurers by the Department of Insurance pursuant to provisions set forth in the Insurance Code. This bill would make various technical, nonsubstantive amendments to provisions relating to insurance to, among other things, provide for gender neutral language and updated cross-references.