New State Laws Aim to Stop Fraud, Expand Access to Insurance

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New State Laws Aim to Stop Fraud, Expand Access to Insurance
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NBC 7 Responds looks at a few state laws that could potentially help millions of Californians.

Another law could help people who may have bought insurance they didn't need or that turned out to be fake. SB 1040 authorizes the Insurance Commissioner to order repayment from people who sold insurance without the necessary licenses from the state. This includes so-called"extended vehicle warranties" that are sold illegally over the phone.an insurance agent was accused of stealing tens of thousands of dollars from a client.This new law tries to help in the fight against fraud.

These three laws are just a few of the new ones that aim to protect Californians from insurance-related issues. You can learn more at the CDI's website

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