Bill Text

PDF |Add To My Favorites |Track Bill | print page

SB-917 Insurance policies.(2017-2018)

SHARE THIS:share this bill in Facebookshare this bill in Twitter
Date Published: 05/01/2018 09:00 PM
SB917:v97#DOCUMENT

Amended  IN  Senate  May 01, 2018
Amended  IN  Senate  April 16, 2018

CALIFORNIA LEGISLATURE— 2017–2018 REGULAR SESSION

Senate Bill No. 917


Introduced by Senator Jackson

January 22, 2018


An act to add Section 530.5 to the Insurance Code, relating to insurance.


LEGISLATIVE COUNSEL'S DIGEST


SB 917, as amended, Jackson. Insurance policies.
Existing law regulates insurance and the business of insurance in the state. Under existing law, an insurer is liable for a loss of which a peril insured against was the proximate cause, although a peril not contemplated by the contract may have been a remote cause of the loss. Under existing law, an insurer is not liable for a loss of which the peril insured was only the remote cause.
This bill would provide require that if a loss or damage results from a combination of perils, one of which is a landslide, mudslide, mudflow, debris flow, or other similar earth movement, coverage shall be provided if an insured peril is the efficient proximate cause of the loss or damage. damage and coverage would otherwise be provided for the insured peril. The bill would require coverage to be provided under the same terms and conditions as would be provided for the insured peril. The bill would state that it does not constitute a change in, but is declaratory of, existing law.
Vote: MAJORITY   Appropriation: NO   Fiscal Committee: NO   Local Program: NO  

The people of the State of California do enact as follows:


SECTION 1.

 Section 530.5 is added to the Insurance Code, to read:

530.5.
 If a loss or damage results from a combination of perils, one of which is a landslide, mudslide, mudflow, debris flow, or other similar earth movement, coverage shall be provided if an insured peril is the efficient proximate cause of the loss or damage. damage and coverage would otherwise be provided for the insured peril. Coverage shall be provided under the same terms and conditions as would be provided for the insured peril.

SEC. 2.

 The addition of Section 530.5 to the Insurance Code by this act does not constitute a change in, but is declaratory of, existing law.