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Calif insurance regulators seek say on rate hikes
San Francisco Chronicle

California legislators put off a decision Tuesday on a bill that would give regulators authority to reject excessive rate increases and take other actions involving the health insurance industry.

Legislators sparred at an Assembly Health Committee hearing on AB52, a bill proposed by Democratic Assemblyman Mike Feuer of Los Angeles.

Eight Assembly members supported it, but the legislation needed 10 votes to move out of committee, so it was put on hold.