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Insurance

Mar. 4, 2010

Rundown of New Laws in the Insurance Industry

California recently passed several bills impacting the insurance industry in response to federal legislation, write Jamison Narbaitz and Jason Chorley of Sedgwick.

By Jamison Narbaitz and Jason Chorley

In 2009, the California Legislature passed a number of bills impacting the insurance industry. The state made several amendments to its Health and Safety Code and Insurance Code to comply with federal legislation enacted in recent years.

The federal American Recovery and Reinvestment Act of 2009 provides premium assistance of 65 percent to individuals participating in a federal or state COBRA plan because their employee-sponso...

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