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RELEASE: Marc Levine's Legislation to Restore Ethics to the Insurance Commissioner's Office Unanimously Approved By Key Committee

(Sacramento, CA)--Yesterday, the Assembly Elections Committee unanimously approved, in a bipartisan vote, Assemblymember Marc Levine’s legislation, AB 1783, which would require anyone paid to influence mergers and acquisitions of domestic insurance companies or health care service plans to register with the State as a lobbyist and comply with State lobbyist reporting and disclosure requirements required by law. AB 1783 would close a loophole that until now has allowed a person to avoid lobbying rules and regulations in California.