California Insurance Code 1726 – (a) A person who is licensed in this state as an insurance agent …
(a) A person who is licensed in this state as an insurance agent or broker, advertises insurance on the internet, and transacts insurance in this state, shall identify all of the following information in the same size type on the person’s internet website home page or in a prominently displayed link from the home page, regardless of whether the insurance agent or broker maintains the internet presence or if the presence is maintained on the person’s behalf:
(1) The person’s name as filed with the commissioner that has not been disapproved pursuant to Section 1724.5.
Terms Used In California Insurance Code 1726
- Commissioner: means the Insurance Commissioner of this State. See California Insurance Code 20
- Contract: A legal written agreement that becomes binding when signed.
- insurance agent: as used in this chapter does not include a life agent as defined in this article. See California Insurance Code 1621
- license: includes a certificate of convenience and a permanent license, and the term "persons who are licensed" includes the holders of any such certificate or the license, but these definitions and the use of those terms in this chapter shall not confer upon a certificate of convenience or any holder thereof any property right in or to the certificate, the certificate being and remaining only a temporary permit, issued as a matter of convenience, allowing the transaction of insurance without a permanent license, but within the limits, and subject to the conditions of the certificate of convenience issued and the laws applicable thereto. See California Insurance Code 1627
- Person: means any person, association, organization, partnership, business trust, limited liability company, or corporation. See California Insurance Code 19
- Resident: means residing in this State, "nonresident" means not residing in this State. See California Insurance Code 30
- State: means the State of California, unless applied to the different parts of the United States. See California Insurance Code 28
(2) The person’s state of domicile and principal place of business.
(3) The person’s California insurance license number.
(4) The word “insurance.”
(b) A person shall be deemed to be transacting insurance in this state when the person advertises on the internet, regardless of whether the insurance agent or broker maintains the internet presence or if it is maintained on the person’s behalf, and does any of the following:
(1) Solicits a California resident.
(2) Provides an insurance premium quote to a California resident.
(3) Accepts an application for coverage from a California resident.
(4) Communicates with a California resident regarding one or more terms of an agreement to provide insurance or an insurance policy.
(5) Enters into negotiations before executing an insurance contract with a California resident.
(6) Executes an insurance contract with a California resident.
(7) Transacts matters after executing an insurance contract with a California resident that arise out of that contract.
(c) This section shall become operative on July 1, 2020.
(Repealed in (Sec. 6) and added by Stats. 2019, Ch. 201, Sec. 7. (AB 1813) Effective January 1, 2020. Section operative July 1, 2020, by its own provisions.)