NAII press release:Several bills of interest to the California property/casualty insurance industry- including proposals to reform the workers' compensation system and address privacy issues- are pending on the Senate and Assembly floors. The Senate and the Assembly recessed after passing the controversial budget bill, and will reconvene on Aug. 18. The 2003 session is scheduled to end on Sept. 12.
In its current form, SB 1 would require a financial institution to provide a consumer with an option to "opt-out" of the disclosure of his or her nonpublic personal information to affiliated en...
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