(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 on the internet, 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.
(2) The person’s state of domicile and principal place of business.
(3) The person’s license number.
(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) Provides an insurance premium quote to a California resident.
(2) Accepts an application for coverage from a California resident.
(3) Communicates with a California resident regarding one or more terms of an agreement to provide insurance or an insurance policy.
(c) This section shall become inoperative on July 1, 2020, and, as of January 1, 2021, is repealed.
(Amended by Stats. 2019, Ch. 201, Sec. 6. (AB 1813) Effective January 1, 2020. Section inoperative July 1, 2020. Repealed as of January 1, 2021, by its own provisions. See later operative version added by Sec. 7 of Stats 2019, Ch. 201.)