California Insurance Code

§ 927.2

INS § 927.2 Effective Jan 1, 2024Div. 1 · Part 2 · Ch. 1 · Art. 10.2

Statute text

(a)(1) Commencing July 1, 2020, and biennially on July 1 of each even-numbered year thereafter, each admitted insurer, with California premiums written of seventy-five million dollars ($75,000,000) or more, shall report to the commissioner on its minority, women, LGBT, persons with disabilities, veteran, and disabled veteran-owned business procurement efforts during the previous two years.

(2)The insurer shall provide all of the following:

(A)The insurer’s supplier diversity policy statement.

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Legislative history

Amended by Stats. 2023, Ch. 204, Sec. 5. (AB 1140) Effective January 1, 2024.