Insurance: examination of insurers.

Legislative status

1. Introduced
2. In Committee
3. Reported by Committee
4. Floor Vote Scheduled
5. Passed One Chamber
6. Passed Both Chambers
7. Sent to Executive
8. Enacted

Summary

The bill changes the Insurance Code so that any insurer the Commissioner examines must remedy identified violations within a set time, or face up to $20,000 penalties per failure. Companies can ask for extensions, and the Commissioner can issue an order to show cause and hold an administrative hearing before imposing penalties. It applies to all insurers subject to examinations, including agents and brokers.

AI-generated summary — may be incomplete or inaccurate. Verify against the official bill text.

Vote

Read third time. Passed. (Ayes 64. Noes 11. Page 6706.) Ordered to the Senate. · Aug 27, 2026

Hearings

• Appropriations Committee Hearing
  Appropriations · Aug 5, 2026
• Insurance Committee Hearing
  Insurance · Jun 17, 2026
• Appropriations Committee Hearing
  Appropriations · May 14, 2026
• Appropriations Committee Hearing
  Appropriations · May 4, 2026
• Insurance Committee Hearing
  Insurance · Apr 22, 2026

History

1. May 26, 2026Referred to Com. on INS.
2. May 20, 2026In Assembly. Read first time. Held at Desk.
3. May 19, 2026Read third time. Passed. (Ayes 30. Noes 8.) Ordered to the Assembly.
4. May 18, 2026Read second time. Ordered to third reading.
5. May 14, 2026Read second time and amended. Ordered to second reading.
6. May 14, 2026From committee: Do pass as amended. (Ayes 5. Noes 1.) (May 14).
7. May 8, 2026Set for hearing May 14.
8. May 4, 2026May 4 hearing: Placed on APPR. suspense file.
9. Apr 24, 2026Set for hearing May 4.
10. Apr 23, 2026From committee: Do pass and re-refer to Com. on APPR. (Ayes 5. Noes 2. Page 4012.) (April 22). Re-referred to Com. on APPR.
11. Apr 10, 2026Set for hearing April 22.
12. Mar 4, 2026Referred to Com. on INS.

The 12 most recent of 14 recorded actions.

Sponsors

• Ben Allen (D) · sponsor
• Allen

Bill text

Opens the legislature’s own copy.

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