Bill on Side-Agreement Filing Requirement Amended Ahead of Hearing

A bill that would exempt carriers from the requirement to file with regulators side-agreements to large-deductible policies would apply only to a very small percentage of California employers, under amendments adopted by the bill’s author. Assemblyman Tom Daly, D-Anaheim, on April 28 amended AB 1922 by adding language establishing something of a test for the exemption from the requirement that policy documents be filed at least 30 days before they’re used. The filing requirement in Insurance Code Section 11658 would not apply to an “ancillary agreement” for a poli...