California is considering several insurance bills that could affect how insurers collect your information, underwrite risk, handle regulatory compliance, and provide certain health and life insurance benefits.

In this episode of Speaking of Insurance, Aaron and Brian Bollinger break down six pending pieces of insurance legislation and discuss what they could mean for consumers, insurance companies, and brokers.

We cover:

• Insurance privacy and how much personal data insurers should be allowed to collect
• AI underwriting, aerial imagery, third-party data, and the growing use of technology in insurance
• SB 1209 and stronger enforcement tools for the California Department of Insurance
• SB 1206 and California’s annual insurance regulatory cleanup
• AB 1798 and the use of genetic testing in life and disability insurance underwriting
• AB 2011 and protections surrounding mental-health and substance-use disorder coverage
• SB 1023 and coverage for long-acting injectable HIV PrEP
• The balance between consumer protection, underwriting accuracy, insurance availability, and rising premiums

Insurance companies need information to properly evaluate risk, but as underwriting becomes increasingly data-driven, the question becomes: where should the line be drawn?

Aaron and Brian discuss both sides of these proposed changes and what they could mean for the future of insurance in California.

Speaking of Insurance is hosted by Aaron Bollinger and Brian Bollinger of Bollinsure Insurance Services.

Learn more or request an insurance review:
Bollinsure Insurance Services
562-268-9355
quotes@bollinsure.com

California Insurance License #6013787