California SB1209: Insurance: examination of insurers.

What the bill says

An act to amend Section 734.1 of the Insurance Code, relating to insurance. insurance Insurance: examination of insurers. Existing law authorizes the Insurance Commissioner to conduct examinations of insurers whenever they deem it appropriate, or for admitted insurers, at least once every 5 years. Existing law requires the examiner in charge to file a verified written report of the examination with the department…

From the chaptered text, September 30, 2026:

An act to amend Section 734.1 of the Insurance Code, relating to insurance. insurance Insurance: examination of insurers. Existing law authorizes the Insurance Commissioner to conduct examinations of insurers whenever they deem it appropriate, or for admitted insurers, at least once every 5 years. Existing law requires the examiner in charge to file a verified written report of the examination with the department. Existing law requires the department to transmit that report to the company examined with a notice that the company has 30 days to make a written submission or rebuttal to any matters contained in the report. Existing law requires the commissioner, within 30 days of the end of the period allowed for the company to reply, to fully consider the report and any submissions and either adopt the report as filed, with modifications, or reject the report with an order to reopen the examination. This bill would require an examined company to take corrective actions to remediate violations of specified laws and regulations identified in the report. The bill would require a company that fails to adopt the necessary corrective actions to be subject to a penalty. The bill would authorize the company to request an additional extension to comply in specified circumstances. The bill would require the commissioner, if the commissioner has reason to believe that …

Read the full official text

Sponsors

• Benjamin Allen (D, SD24) · primary sponsor

Latest actions

1. September 30, 2026: Chaptered by Secretary of State. Chapter 1017, Statutes of 2026.
2. September 30, 2026: Approved by the Governor.
3. September 4, 2026: Enrolled and presented to the Governor at 2 p.m.
4. August 28, 2026: Assembly amendments concurred in. (Ayes 31. Noes 0.) Ordered to engrossing and enrolling.
5. August 28, 2026: In Senate. Concurrence in Assembly amendments pending.
6. August 27, 2026: Read third time. Passed. (Ayes 64. Noes 11. Page 6706.) Ordered to the Senate.
7. August 27, 2026: Read third time. Passed. Ordered to the Senate.
8. August 6, 2026: Read second time. Ordered to third reading.
9. August 5, 2026: From committee: Do pass. (Ayes 12. Noes 2.) (August 5).
10. June 17, 2026: From committee: Do pass and re-refer to Com. on APPR. (Ayes 15. Noes 1.) (June 17). Re-referred to Com. on APPR.

Votes

• Unfinished Business SB1209 Allen Concurrence (August 28, 2026): 31 yea, 0 nay, passed
• SB 1209 Allen Senate Third Reading By Calderon (August 27, 2026): 64 yea, 11 nay, passed
• Do pass. (August 5, 2026): 12 yea, 2 nay, passed
• Do pass and be re-referred to the Committee on [Appropriations] (June 17, 2026): 15 yea, 1 nay, passed
• Senate 3rd Reading SB1209 Allen (May 19, 2026): 30 yea, 8 nay, passed
• Do pass as amended (May 14, 2026): 5 yea, 1 nay, passed

Common questions

What is SB1209?

SB1209 is a bill in the California Legislature (2025-2026 Regular Session): Insurance: examination of insurers.

What does SB1209 do?

In its own words: An act to amend Section 734.1 of the Insurance Code, relating to insurance. insurance Insurance: examination of insurers. Existing law authorizes the Insurance Commissioner to conduct examinations of insurers whenever they deem it appropriate, or for admitted insurers, at least once every 5 years. Existing law requires the examiner in charge to file a verified written report of the examination with the department…

What is the status of SB1209?

Chaptered as of September 30, 2026. Latest action: Chaptered by Secretary of State. Chapter 1017, Statutes of 2026. (September 30, 2026).

Who sponsored SB1209?

Benjamin Allen (D, SD24).

Where is the official record for SB1209?

On the California Legislature website: https://leginfo.legislature.ca.gov/faces/billNavClient.xhtml?bill_id=202520260SB1209