reglab/statecodes huggingface dataset:
California Code of Regulations › Title 10 - Investment › Chapter 5 - Insurance Commissioner › Subchapter 3 - Insurers › Article 4.5 - Loss and Loss Expense Reserves › Section 2319.2 - Reserve Computation

Current through Register 2024 Notice Reg. No. 28, July 12, 2024
(a)
				  Reserves shall reflect inflation and development projected to date of ultimate
				  payment.
(b) Reserves shall include
				  provisions for an appropriate incurred-but-not-reported (IBNR) reserve based on
				  the experience of the insurer or where experience is lacking based on
				  reasonable actuarial assumptions applied to other experience. The reserve
				  computation shall, where appropriate, estimate the expected number of claims
				  yet to be reported from accident years prior to a statement date together with
				  the corresponding incurred amount. The calculation of such expected claims
				  shall give due consideration to changes in the exposure base.
(c) Allocated and unallocated loss expense
				  reserves shall be based on individual company experience or other reasonable
				  evidence which measures the probable cost of liquidating claim liability.
				  Ratios of paid expenses to paid losses may not be modified by arbitrary
				  factors.
California Code of Regulations › Title 10 - Investment › Chapter 5 - Insurance Commissioner › Subchapter 3 - Insurers › Article 4.5 - Loss and Loss Expense Reserves › Section 2319.3 - Minimum Reserves

Current through Register 2024 Notice Reg. No. 28, July 12, 2024
The minimum reserve requirements prescribed in Section
					 11558 shall be increased whenever
					 the Commissioner determines that the computations set forth in Section
					 11558 are inadequate as provided
					 by Section
					 11557. Such increases may be based
					 on individual company experience or reasonable actuarial assumptions in the
					 absence of such experience. The method used by the National Association of
					 Insurance Commissioners for calculating the excess of statutory reserves over
					 statement reserves in the annual statement is adopted for the minimum reserve
					 requires of Section
					 11558 subject to such individual
					 determination as the Commissioner shall make.
California Code of Regulations › Title 10 - Investment › Chapter 5 - Insurance Commissioner › Subchapter 3 - Insurers › Article 4.5 - Loss and Loss Expense Reserves › Section 2319.4 - Records

Current through Register 2024 Notice Reg. No. 28, July 12, 2024
All records of the reserve method including reserve tests
					 and reports shall be retained and made available for examiners of the
					 Commissioner, and copies thereof shall also be furnished to the Commissioner on
					 request.
California Code of Regulations › Title 10 - Investment › Chapter 5 - Insurance Commissioner › Subchapter 3 - Insurers › Article 5 - Marine Insurance › Section 2320 - Effective Date; Construction of Provisions

Current through Register 2024 Notice Reg. No. 28, July 12, 2024
This article is effective January 1, 1954, and supersedes
					 former Sections
					 2320,
					 2321 and
					 2322 which are hereby nullified.
					 Insofar as the provisions of this article are substantially the same as the
					 provisions of former Sections
					 2320,
					 2321 and
					 2322 prior to the effective date
					 hereof they shall be construed as restatements and continuations thereof and
					 not as new provisions.
1.
					 Originally printed 5-15-46 (Register 3).
2. Repealer of Article 5
					 (§§
											2320 to
					 2322, inclusive), filed 11-30-53;
					 designated effective 1-1-54; (Register 53, No.
					 22).
Note: Authority cited: Sections
						103,
						12921,
						12921.5,
						12926,
						Insurance Code. Additional authority cited: Section
						1851(c),
						Insurance Code.
California Code of Regulations › Title 10 - Investment › Chapter 5 - Insurance Commissioner › Subchapter 3 - Insurers › Article 5 - Marine Insurance › Section 2320.1 - Purpose

Current through Register 2024 Notice Reg. No. 28, July 12, 2024
This article is adopted and promulgated by the Insurance
					 Commissioner as a necessary means for the guidance of insurers and all other
					 concerned in observing the provisions of law relating to: insuring powers of
					 admitted marine insurers; the California Standard Form Fire Insurance policy;
					 rates and rating and other organizations; taxation of insurers; and to assist
					 in determining whether certain business should be reported on insurers' annual
					 statements as ocean marine insurance or otherwise; and for the assistance and
					 guidance of all persons concerned in all other cases where it is necessary to
					 distinguish between marine and other classes of insurance and between inland
					 marine risks, and other risks.
California Code of Regulations › Title 10 - Investment › Chapter 5 - Insurance Commissioner › Subchapter 3 - Insurers › Article 5 - Marine Insurance › Section 2320.2 - Scope

Current through Register 2024 Notice Reg. No. 28, July 12, 2024
Nothing in this article shall contravene, curtail or expand
					 any statute; it is intended as a partial description of the kinds of risks and
					 coverages presently regarded by the Insurance Commissioner as classifiable
					 under Insurance Code Section
					 103. It is
					 not an exhaustive or complete enumeration of risks and coverages which may be
					 so classified. Inclusion herein shall not be construed as indicating that such
					 risks and coverages are solely marine insurance. Nothing in this article shall
					 be construed as binding or limiting any discretion or power conferred upon the
					 Insurance Commissioner by the Legislature.
California Code of Regulations › Title 10 - Investment › Chapter 5 - Insurance Commissioner › Subchapter 3 - Insurers › Article 5 - Marine Insurance › Section 2321 - Marine and/or Transportation Policies May Cover Under the Following Conditions

Current through Register 2024 Notice Reg. No. 28, July 12, 2024
(a)
				  Imports
(1) Imports on consignment may be
				  covered wherever the property may be and without restriction as to time,
				  provided the coverage of the issuing companies includes hazards of
				  transportation. A shipment "on consignment" shall mean property consigned and
				  entrusted to a factor or agent to be held in the care of the factor or agent,
				  or under the control of the factor or agent for sale for account of another or
				  for exhibit or trial or approval or auction, and if not disposed of, to be
				  returned.
(2) Imports not on
				  consignment in such places of storage as are usually employed by importers,
				  provided the coverage of the issuing companies includes hazards of
				  transportation. Such policies may also include the same coverage in respect to
				  property purchased on C.I.F. terms or "spot" purchases for inclusion with or in
				  substitution for bona fide importations. An import, as a proper subject of
				  marine or transportation insurance, shall be deemed to maintain its character
				  as such so long as the property remains segregated in the original form or
				  package in such a way that it can be identified and has not become incorporated
				  and mixed with the general mass of property in the United States, and shall be
				  deemed to have been completed when such property has been:
(A) Sold and delivered by the importer,
				  factor or consignee; or
(B) Removed
				  from place of storage as described in paragraph "2" above and placed on sale as
				  part of importer's stock in trade at a point of sale-distribution; or
(C) Delivered for manufacture, processing or
				  change in form to premises of the importer or of another used for any such
				  purposes.
California Code of Regulations › Title 10 - Investment › Chapter 5 - Insurance Commissioner › Subchapter 3 - Insurers › Article 5 - Marine Insurance › Section 2322 - Prohibited Coverage

Current through Register 2024 Notice Reg. No. 28, July 12, 2024
Unless otherwise permitted, nothing in the foregoing shall
					 be construed to permit marine or transportation policies to cover:
(a) Storage of assured's merchandise, except
				  as herein before provided.
(b)
				  Merchandise in course of manufacture, the property of and on the premises of
				  the manufacturer.
(c) Furniture and
				  fixtures and improvements and betterments to buildings.
(d) Merchandise in permanent location, sold
				  under partial payment, contract of sale, or installment sales contract, which
				  involves protection of the purchaser's interest after seller's interest
				  ceases.
(e) Moneys and/or
				  securities in safes, vaults, safety deposit vaults, banks or assured's
				  premises, except while in course of transportation.
(f) Risks of fire, windstorm, sprinkler
				  leakage, earthquake, hail, explosion, riot, and/or civil commotion on
				  buildings, structures, wharves, piers, docks, bulkheads and sheds and other
				  fixed real property on land and/or over water, except as herein before
				  provided.
California Code of Regulations › Title 10 - Investment › Chapter 5 - Insurance Commissioner › Subchapter 3 - Insurers › Article 6 - Taxation › Section 2324 - Reporting and Allocating Risks in Federal Areas

Current through Register 2024 Notice Reg. No. 28, July 12, 2024
(a) Every insurance company or association
				  doing business in this State is hereby required to include in its premium tax
				  return to this department for the years 1941, et seq., all premiums received by
				  it during each of said years upon insurance business done in all federal areas
				  located within the exterior boundaries of the State of California.
(b) Where premiums for insurance upon the
				  lives or health of members of the armed forces or their families are collected
				  directly from the fiscal officer of either branch of the service under salary
				  allotment authorizations, such premiums are to be allocated to California:
(1) In cases where the insurance was in force
				  prior to the entry into the armed service and the last premium previous to such
				  entry was allocable to California under the normal and usual rules for
				  allocation of premiums.
(2) In
				  cases of all insurance originating in federal areas located within the exterior
				  boundaries of the State of California when, because of the peculiar status of
				  military personnel with respect to established residence, the normal rules for
				  allocation of premiums are impossible or impractical of application, for so
				  long as such conditions continue to exist.
California Code of Regulations › Title 10 - Investment › Chapter 5 - Insurance Commissioner › Subchapter 3 - Insurers › Article 6 - Taxation › Section 2325 - Filing Statement for Computation of Retaliatory Tax

Current through Register 2024 Notice Reg. No. 28, July 12, 2024
Annually, on or before May 1st, every foreign insurer
					 engaged in the business of insurance in the State of California in the
					 preceding calendar year shall file with the Insurance Commissioner a statement
					 in the form prescribed by the Insurance Commissioner setting forth such
					 information as will permit the commissioner to properly administer the
					 retaliatory provisions of Article 1.5, Chapter 1, Part 2, Division 1 (Sections
					 685-685.4) of the Insurance Code.
					 The commissioner may waive such filing with respect to the insurers of a state
					 or province or of any class of insurers of a state or province if the
					 commissioner determines after an analysis of the laws of such state or province
					 relating to taxes, licenses and fees and their application by that state or
					 province and of such laws of the State of California and their application that
					 under no circumstances will a retaliatory tax be due from such
					 insurers.
1. New
					 section filed 2-19-60 as an emergency; effective upon filing (Register 60, No.
					 4).
2. Amendment filed 4-26-60; effective thirtieth day thereafter
					 (Register 60, No. 10).
3. Change without regulatory effect amending
					 section filed 7-14-2021 pursuant to section
					 100, title 1, California Code of
					 Regulations (Register 2021, No. 29). Filing deadline specified in Government
					 Code section
					 11349.3(a)
					 extended 60 calendar days pursuant to Executive Order
					 N-40-20.
Note: Authority cited: Section
						685.3,
						Insurance Code. Reference: Sections
						685-
						685.4,
						Insurance Code.
California Code of Regulations › Title 10 - Investment › Chapter 5 - Insurance Commissioner › Subchapter 3 - Insurers › Article 6.2 - Reporting and Filing Premium Taxes › Section 2327.2 - Insurers Filing on a Cash Basis

Current through Register 2024 Notice Reg. No. 28, July 12, 2024
In addition to any other insurance tax premium filing
					 requirements or instructions, any insurer that files on a cash basis shall do
					 the following:
(a) Calculate its taxes
				  on Collected Direct Premiums in accordance with Revenue and Taxation Code
				  section
				  12221;
				  or,
(b) As an alternative method
				  for calculating its taxes in accordance with Revenue and Taxation Code section
				  12221,
				  an insurer may calculate its taxes on Direct Premiums, subject to the
				  requirements of Revenue and Taxation Code Section
				  12221,
				  using a ratio of the insurer's Direct Premiums written upon business transacted
				  in this State to the insurer's total Direct Premiums written, as reported on
				  the insurer's NAIC Annual Statement Schedule T, and apply it to either the
				  insurer's Collected Direct Premiums or the insurer's Uncollected Direct
				  Premiums.
1. New
					 section filed 8-22-2012; operative 9-21-2012 (Register 2012, No.
					 34).
Note: Authority cited: Section
						13170,
						Revenue and Taxation Code. Reference: Article XIII, Section
						28, California Constitution;
						Sections
						12001,
						12201,
						12221,
						12231,
						12232,
						12302,
						12303,
						12304,
						12421
						and
						12422,
						Revenue and Taxation Code; Sections
						19,
						20,
						21,
						28,
						47,
						736,
						1530 and
						12740,
						Insurance Code; State Board of Equalization Memorandum Opinion in California
						Automobile Insurance Company (December 12,
						2006).
California Code of Regulations › Title 10 - Investment › Chapter 5 - Insurance Commissioner › Subchapter 3 - Insurers › Article 6.5 - Guidelines for Waiver of Penalty for Non-Use of Electronic Funds Transfer or for Non-Timely Payment of Taxes › Section 2330.1 - Electronic Funds Transfer Penalties

Current through Register 2024 Notice Reg. No. 28, July 12, 2024
Insurers and surplus line brokers (hereafter, "taxpayers")
					 are required to make payment by Electronic Funds Transfer ("EFT") if their
					 annual taxes exceed twenty thousand dollars ($20,000). If they make payment by
					 some method other than EFT or the payment is not timely, they will be assessed
					 a ten percent penalty plus interest on the amount due unless the penalty is
					 waived as set forth under Sections
					 2330.3 and
					 2330.4. If taxpayers make payment
					 by some method other than EFT and the payment is not timely, taxpayers will be
					 assessed a twenty percent penalty plus interest on the amount due unless the
					 penalty is waived as set forth under Sections
					 2330.3 and
					 2330.4.
1. New
					 article 6.5 (sections
					 2330.1-2330.5) and section filed
					 7-21-2008; operative 8-20-2008 (Register 2008, No. 30).
2. Change
					 without regulatory effect amending section filed 9-11-2008 pursuant to section
					 100, title 1, California Code of
					 Regulations (Register 2008, No. 37).
Note: Authority cited: Sections
						1775.4(e),
						1775.5(b),
						1775.8 and
						12976.5(a),
						Insurance Code; and Sections
						12602(c)(1),
						12631
						and
						12636,
						Revenue and Taxation Code. Reference: Sections
						45,
						1775.4,
						1775.5,
						1775.8 and
						12976.5,
						Insurance Code; and Sections
						12602
						and
						12631,
						Revenue and Taxation Code.
California Code of Regulations › Title 10 - Investment › Chapter 5 - Insurance Commissioner › Subchapter 3 - Insurers › Article 6.5 - Guidelines for Waiver of Penalty for Non-Use of Electronic Funds Transfer or for Non-Timely Payment of Taxes › Section 2330.3 - Waiver of Penalty for Failure to Pay Taxes by EFT

Current through Register 2024 Notice Reg. No. 28, July 12, 2024
(a) The penalty set forth above in Section
				  2330.1 may be waived if the
				  taxpayer's failure to pay taxes by EFT is due to reasonable cause or
				  circumstances beyond the taxpayer's control.
(b) In order for the penalty to be waived,
				  the taxpayer seeking a waiver must file with the Insurance Commissioner a
				  written request under penalty of perjury, stating the facts upon which a
				  request for a waiver is based. Each request for a waiver shall be evaluated on
				  its own merits.
(c) The request for
				  a waiver shall be granted if the taxpayer fails to make payment by electronic
				  funds transfer under any of the following circumstances:
(1) The death or serious illness of the
				  taxpayer or death or serious illness of a member of the taxpayer's immediate
				  family.
(2) The death or serious
				  illness of the person who prepares the payment on behalf of the
				  taxpayer.
(3) Natural
				  disaster.
(4) Incorrect advice
				  given to the taxpayer by an employee of the Commissioner.
(5) Involuntary bankruptcy.
(6) An attachment placed against the
				  taxpayer's bank account without the taxpayer's knowledge.
(7) The taxpayer's books and records are
				  impounded by court order or are in the hands of a federal or state agency and
				  are unavailable for use by the taxpayer. However, these books and records must
				  pertain to the same period of time as the tax return or somehow relate to the
				  payment of the tax.
(8) If the
				  State of California does not suffer any financial loss as a result of the
				  payment method and the taxpayer was not previously notified of the electronic
				  funds transfer method. The taxpayer shall work with the Department of Insurance
				  to establish an electronic funds transfer method.
(9) Other situations that clearly demonstrate
				  that the non-use of EFT is beyond the taxpayer's control.
California Code of Regulations › Title 10 - Investment › Chapter 5 - Insurance Commissioner › Subchapter 3 - Insurers › Article 6.5 - Guidelines for Waiver of Penalty for Non-Use of Electronic Funds Transfer or for Non-Timely Payment of Taxes › Section 2330.4 - Waiver of Penalty for Failure to Timely Make Payment

Current through Register 2024 Notice Reg. No. 28, July 12, 2024
(a) The penalty set forth above in Section
				  2330.1 may be waived if the
				  surplus line broker fails to make a timely payment under any of the
				  circumstances set forth under Section
				  2330.3(c)(1) through
				  (7) above. A surplus line broker may also be
				  relieved of the penalty for late payment if:
(1) the surplus line broker failed to receive
				  a tax return because of a change of address and the Department has been
				  properly informed of the change of address.
(2) for any other reason, the surplus line
				  broker has not received a tax return from the Department where the Department
				  is at fault.
(3) other situations
				  that clearly demonstrate that failure to make timely payment is beyond the
				  surplus line broker's control.
California Code of Regulations › Title 10 - Investment › Chapter 5 - Insurance Commissioner › Subchapter 3 - Insurers › Article 6.5 - Guidelines for Waiver of Penalty for Non-Use of Electronic Funds Transfer or for Non-Timely Payment of Taxes › Section 2330.5 - Filing for Relief

Current through Register 2024 Notice Reg. No. 28, July 12, 2024
(a) Any
				  surplus line broker seeking to be relieved of the penalty provided in Section
				  2330.1 for failure to pay taxes by
				  EFT and/or failure to timely make a payment shall file with the Department a
				  statement under penalty of perjury setting forth the facts upon which the claim
				  for relief is based.
(b) Any
				  insurer seeking to be relieved of the penalty provided in Section
				  2330.1 for failure to pay taxes by
				  EFT shall file with the Department a statement under penalty of perjury setting
				  forth the facts upon which the claim for relief is based.
(c) Any insurer seeking to be relieved of the
				  penalty provided in Section
				  2330.1 for failure to timely make
				  a payment shall file with the California Board of Equalization a statement
				  under penalty of perjury setting forth the facts upon which the claim for
				  relief is based.
1. New
					 section filed 7-21-2008; operative 8-20-2008 (Register 2008, No.
					 30).
Note: Authority cited: Sections
						1775.4(e),
						1775.5(b),
						1775.8(b)(2),
						1775.8(c)(3)
						and
						12976.5(c)(2),
						Insurance Code; and Section
						12602(c)(3),
						Revenue and Taxation Code. Reference: Sections
						1775.4(e),
						1775.5(b),
						1775.8(b)(2),
						1775.8(b)(3)
						and
						12976.5(c)(2),
						Insurance Code; Sections
						12602(c)(3)
						and
						12631,
						Revenue and Taxation Code.
California Code of Regulations › Title 10 - Investment › Chapter 5 - Insurance Commissioner › Subchapter 3 - Insurers › Article 7 - Rates and Rating Systems › Section 2351 - Industrial Compensation Rating Schedule. [Repealed]

Current through Register 2024 Notice Reg. No. 28, July 12, 2024
1. Repealer
					 filed 8-31-73; designated effective with respect to schedule ratings becoming
					 effective on or after October 1, 1973 (Register 73, No. 35). For prior history,
					 see Registers 72, No. 7; 70, No. 34; 69, No. 32; 68, No. 33. Original filing
					 date: 5-10-46.
California Code of Regulations › Title 10 - Investment › Chapter 5 - Insurance Commissioner › Subchapter 3 - Insurers › Article 7 - Rates and Rating Systems › Section 2351.1 - Chemical and Dyestuff Rating Plan. [Repealed]

Current through Register 2024 Notice Reg. No. 28, July 12, 2024
1. Repealer
					 filed 8-28-68; designated effective with respect to all new policies with an
					 inception date falling on or after 10-1-68, and with respect to all renewal
					 policies as of the first normal anniversary date falling on or after 10-1-68
					 (Register 68, No. 33). For prior history, see Registers 64, No. 18; 62, No. 16;
					 58, No. 12. Original filing date: 7-10-58.
California Code of Regulations › Title 10 - Investment › Chapter 5 - Insurance Commissioner › Subchapter 3 - Insurers › Article 7 - Rates and Rating Systems › Section 2351.2 - Pneumonoconiosis Schedule Rating Plan. [Repealed]

Current through Register 2024 Notice Reg. No. 28, July 12, 2024
1. Repealer
					 filed 8-31-73; designated effective with respect to pneumonoconiosis schedule
					 ratings becoming effective on or after October 1, 1973 (Register 72, No. 35).
					 For prior history, see Registers 68, No. 33; 67, No. 38; 67, No. 35; 66, No.
					 24; 64, No. 18; 62, No. 16; 61, Nos. 6 and 15; 60, No. 19; 58, No. 12. Original
					 filing date: 7-10-58.
California Code of Regulations › Title 10 - Investment › Chapter 5 - Insurance Commissioner › Subchapter 3 - Insurers › Article 7 - Rates and Rating Systems › Section 2352 - Retrospective Rating Plan, Workmen's Compensation Insurance. [Repealed]

Current through Register 2024 Notice Reg. No. 28, July 12, 2024
1. Repealer
					 filed 8-29-57; designated effective 10-1-57 (Register 57, No. 14). For prior
					 history, see Registers 53, No. 5; 29, No. 2.
California Code of Regulations › Title 10 - Investment › Chapter 5 - Insurance Commissioner › Subchapter 3 - Insurers › Article 7.1 - Title Insurance Statistical Plan and Related Rules › Section 2355.1 - Statistical Plan and Income Statement General Provisions

Current through Register 2024 Notice Reg. No. 28, July 12, 2024
(a) Pursuant to California Insurance Code
				  (CIC) Section
				  12401.5, the Insurance
				  Commissioner requires each Title Insurance Company licensed to transact
				  business in California to submit a Statistical Plan and Income Statement report
				  on the prescribed electronic forms and in accordance with these regulations.
				  The submissions shall be reported annually.
(b) This section concerns matters relating to
				  financial data and related information required to be collected or reported in
				  accordance with Articles 5.5 of Chapter 1, Part 6, Division 2 of the Insurance
				  Code and the regulations that implement, interpret or make specific those
				  provisions.
(c) The initial
				  submission shall cover experience from January 1, 2011 through December 31,
				  2011. Following the initial submission, all submissions shall cover experience
				  in each succeeding calendar year. For example, the second annual submission
				  shall cover January 1, 2012 through December 31, 2012. Except for the initial
				  submission, the filings for the
Income Statement
(CATI-R1) and
Summary of Transaction Activities
(CATI-R2) shall also include
				  the previous year's experience.
(d)
				  A completed initial submission shall be made to the Department no later than
				  May 31, 2012. Each following submission is due no later than May 31 of each
				  successive year.
(e) Each
				  submission shall be completed using the spreadsheet templates provided by the
				  Commissioner at the "Statistical Plans" link found on the California Department
				  of Insurance website (
www.insurance.ca.gov
) under the "Insurers"
				  tab; "Data & Reports."
(f) Each
				  submission consists of the following:
(1)
				  Company Information (Signature Page/Certification) form
(2) General Interrogatories Page
(3) CATI-R1: Income Statement
(4) CATI-R2: Summary of Transaction
				  Activities
(5) CATI-R3 [Parts 1 to
				  6]: Summary of Rate Distribution by Type of Policy
(6) CATI-R3 Total [of Parts 1 to 6]: Summary
				  of Rate Distribution by Type of Policy
(7) CATI-R4.1: Escrow Fee Distribution by
				  Amount of Transaction (by County)
(8) CATI-R4.2: Summary of Escrow Fees by
				  County
California Code of Regulations › Title 10 - Investment › Chapter 5 - Insurance Commissioner › Subchapter 3 - Insurers › Article 7.1 - Title Insurance Statistical Plan and Related Rules › Section 2355.2 - Specific Instructions for the Title Insurance Statistical Plan and Income Statement Report

Current through Register 2024 Notice Reg. No. 28, July 12, 2024
(a) Tab
				  1 (of the Workbook) -- Company Information (Signature Page/Certification)
The reporting company shall report the following annually
					 with the Statistical Plan and Income Statement reports.
(1) Company name, address, group name, and
				  NAIC code
(2) Whether a completed
				  report is attached or, alternatively, whether the company did not write any
				  business and has no data to report
(3) The signature, under penalty of perjury,
				  of an officer authorized to certify that the Statistical Plan and Income
				  Statement reported herein is accurate, true and correct, complete, and in
				  compliance with these regulations.
(4) If a title insurance company is
				  submitting reports of a controlled escrow company which is controlled by the
				  reporting title insurance company, but whose experience is not otherwise
				  included in the reports of the controlling title insurance company, a separate
				  certification shall be submitted for the controlled escrow company
				  reports.
California Code of Regulations › Title 10 - Investment › Chapter 5 - Insurance Commissioner › Subchapter 3 - Insurers › Article 7.1 - Title Insurance Statistical Plan and Related Rules › Section 2355.3 - Disclosure to Consumer of Available Discounts

Current through Register 2024 Notice Reg. No. 28, July 12, 2024
At the time a title insurer, underwritten title company, or
					 controlled escrow company delivers escrow instructions or issues a preliminary
					 report or commitment, a form enumerating each discount available under such
					 company's rate filing shall be provided. A copy of the form shall be retained
					 by the company for a period of three years. Neither provision nor acceptance of
					 the form shall constitute waiver of the consumer's right to be charged the
					 filed rate. This section shall apply only to transactions involving property
					 improved with a one to four family residential dwelling. No disclosure is
					 required if the insurer's rate filing does not include
					 discounts.
1. New
					 section filed 7-26-2007; operative 11-23-2007 pursuant to Government Code
					 section
					 11343.4(b)
					 (Register 2007, No. 30).
2. Repealer of section
					 2355.3 and renumbering and
					 amendment of former section
					 2359.4 to new section
					 2355.3 filed 8-4-2009; operative
					 9-3-2009 (Register 2009, No. 32).
Note: Authority cited: Sections
						12389,
						12397.5,
						12401.3,
						12401.5 and
						12414.21,
						Insurance Code; and 20th Century Ins. Co. v. Garamendi (1994) 8 Cal.4th 216.
						Reference: Sections
						12401.1 and
						12401.2,
						Insurance Code.
California Code of Regulations › Title 10 - Investment › Chapter 5 - Insurance Commissioner › Subchapter 3 - Insurers › Article 7.1 - Title Insurance Statistical Plan and Related Rules › Section 2355.4 - Rating Examinations

Current through Register 2024 Notice Reg. No. 28, July 12, 2024
The Commissioner may, as often as may be reasonable and
					 necessary to assure compliance with the standards and requirements of Article
					 5.5 and Article 7.1 of Chapter 1, Part 6, Division 2 of the Insurance Code and
					 with such other provisions of the Insurance Code as relate to the business of
					 title insurance, examine every advisory organization, title insurer,
					 underwritten title company or controlled escrow company. Such examination of a
					 title insurer, underwritten title company, or controlled escrow company may
					 include a review of the books, records, accounts, rates, charges, fees, rating
					 plans, rating systems, underwriting rules or policy forms adopted and used by
					 such person or entity and the loss or expense experience and the data,
					 statistics, or information collected or used by it in determining or
					 establishing the rates, charges, fees, rating plans, rating systems,
					 underwriting rules or policy forms which it has adopted and uses. Such
					 examination may include a review of the statistical plan and financial data
					 reports submitted pursuant to subarticle 2. Such examination shall not be a
					 part of a periodic general examination participated in by a representative of
					 more than one state.
1. New
					 section filed 7-26-2007; operative 11-23-2007 pursuant to Government Code
					 section
					 11343.4(b)
					 (Register 2007, No. 30).
2. Repealer of section
					 2355.4 and renumbering of former
					 section 2359.7 to new section
					 2355.4 filed 8-4-2009; operative
					 9-3-2009 (Register 2009, No. 32).
Note: Authority cited: Sections
						12389,
						12397.5,
						12401.3,
						12401.5,
						12414.21
						and
						12407,
						Insurance Code; and 20th Century Ins. Co. v. Garamendi (1994) 8 Cal.4th 216.
						Reference: Sections
						12401.1 and
						12401.2,
						Insurance Code.
California Code of Regulations › Title 10 - Investment › Chapter 5 - Insurance Commissioner › Subchapter 3 - Insurers › Article 7.1 - Title Insurance Statistical Plan and Related Rules › Section 2355.5 - Rate and Statistical Plan Enforcement Remedies

Current through Register 2024 Notice Reg. No. 28, July 12, 2024
(a) This section shall apply to all entities
				  or persons that conduct the business of title insurance within the meaning of
				  section
				  12340.3 of
				  the Insurance Code.
(b) This
				  section concerns matters relating to all of the books, records, accounts,
				  payments, rates, charges, fees, rating plans, rating systems, underwriting
				  rules, policy forms, financial data and related information required to be
				  collected or reported in accordance with Articles 5.5 and 6.9 of Chapter 1,
				  Part 6, Division 2 of the Insurance Code and the regulations that implement,
				  interpret or make specific those provisions.
(c) In the event that an entity or person
				  described in subsection (a) fails to collect or report any information required
				  by the provisions of law referenced in subsection (b), the Commissioner may
				  take the following action to ensure compliance with those provisions:
(1) The Commissioner may conduct proceedings
				  in accordance with the provisions of Chapter 5 (commencing with section
				  11500) of Part 1 of Division 3 of
				  Title 2 of the Government Code to deny, suspend or revoke any license or
				  certificate of authority issued by the Commissioner to that entity.
(2) The Commissioner may examine the business
				  and affairs of the entity and may analyze, inspect, collect, compile and report
				  the data required by the provisions of subsection (b) that the entity has
				  failed to collect or report. The costs of such examination, including the costs
				  associated with analysis, inspection, collection, compilation and reporting
				  shall be at the expense of the company.
(3) The Commissioner may collect a late
				  filing fee in accordance with section
				  924 of the
				  Insurance Code.
California Code of Regulations › Title 10 - Investment › Chapter 5 - Insurance Commissioner › Subchapter 3 - Insurers › Article 7.1 - Title Insurance Statistical Plan and Related Rules › Section 2355.6 - Findings. [Repealed]

Current through Register 2024 Notice Reg. No. 28, July 12, 2024
1. New
					 section filed 7-26-2007; operative 11-23-2007 pursuant to Government Code
					 section
					 11343.4(b)
					 (Register 2007, No. 30).
2. Repealer filed 8-4-2009; operative
					 9-3-2009 (Register 2009, No. 32).
Note: Authority cited: Sections
						12389,
						12397.5,
						12401.3,
						12401.5 and
						12414.21,
						Insurance Code; and 20th Century Ins. Co. v. Garamendi (1994) 8 Cal.4th 216.
						Reference: Sections
						12401.1 and
						12401.2,
						Insurance Code.
California Code of Regulations › Title 10 - Investment › Chapter 5 - Insurance Commissioner › Subchapter 3 - Insurers › Article 7.1 - Title Insurance Statistical Plan and Related Rules › Section 2355.7 - Public Hearing on Statistical Plan and Financial Data. [Repealed]

Current through Register 2024 Notice Reg. No. 28, July 12, 2024
1. New
					 section filed 7-26-2007; operative 11-23-2007 pursuant to Government Code
					 section
					 11343.4(b)
					 (Register 2007, No. 30).
2. Repealer filed 8-4-2009; operative
					 9-3-2009 (Register 2009, No. 32).
Note: Authority cited: Sections
						12389,
						12397.5,
						12401.3,
						12401.5 and
						12414.21,
						Insurance Code; and 20th Century Ins. Co. v. Garamendi (1994) 8 Cal.4th 216.
						Reference: Sections
						12401.1 and
						12401.2,
						Insurance Code.
California Code of Regulations › Title 10 - Investment › Chapter 5 - Insurance Commissioner › Subchapter 3 - Insurers › Article 7.1 - Title Insurance Statistical Plan and Related Rules › Section 2355.8 - Public Information. [Repealed]

Current through Register 2024 Notice Reg. No. 28, July 12, 2024
1. New
					 section filed 7-26-2007; operative 11-23-2007 pursuant to Government Code
					 section
					 11343.4(b)
					 (Register 2007, No. 30).
2. Repealer filed 8-4-2009; operative
					 9-3-2009 (Register 2009, No. 32).
Note: Authority cited: Sections
						12389,
						12397.5,
						12401.3,
						12401.5 and
						12414.21,
						Insurance Code; and 20th Century Ins. Co. v. Garamendi (1994) 8 Cal.4th 216.
						Reference: Sections
						12401.1 and
						12401.2,
						Insurance Code; and Section
						6253,
						Government Code.
California Code of Regulations › Title 10 - Investment › Chapter 5 - Insurance Commissioner › Subchapter 3 - Insurers › Article 7.1 - Title Insurance Statistical Plan and Related Rules › Section 2356.1 - California Title Insurance Statistical Plan and Annual Financial Data Reporting Requirements. [Repealed]

Current through Register 2024 Notice Reg. No. 28, July 12, 2024
1. New
					 subarticle 2 (sections
					 2356.1-2356.9) and section filed
					 7-26-2007; operative 11-23-2007 pursuant to Government Code section
					 11343.4(b)
					 (Register 2007, No. 30).
2. Repealer of subarticle 2 (sections
					 2356.1-2356.9) and section filed
					 8-4-2009; operative 9-3-2009 (Register 2009, No.
					 32).
Note: Authority cited: Sections
						12389,
						12397.5,
						12401.3,
						12401.5 and
						12414.21,
						Insurance Code; and 20th Century Ins. Co. v. Garamendi (1994) 8 Cal.4th 216.
						Reference: Sections
						12401.1 and
						12401.2,
						Insurance Code.
California Code of Regulations › Title 10 - Investment › Chapter 5 - Insurance Commissioner › Subchapter 3 - Insurers › Article 7.1 - Title Insurance Statistical Plan and Related Rules › Section 2356.2 - Who is Required to Report. [Repealed]

Current through Register 2024 Notice Reg. No. 28, July 12, 2024
1. New
					 section filed 7-26-2007; operative 11-23-2007 pursuant to Government Code
					 section
					 11343.4(b)
					 (Register 2007, No. 30).
2. Repealer filed 8-4-2009; operative
					 9-3-2009 (Register 2009, No. 32).
Note: Authority cited: Sections
						12389,
						12397.5,
						12401.3,
						12401.5 and
						12414.21,
						Insurance Code; and 20th Century Ins. Co. v. Garamendi (1994) 8 Cal.4th 216.
						Reference: Sections
						12401.1 and
						12401.2,
						Insurance Code.
California Code of Regulations › Title 10 - Investment › Chapter 5 - Insurance Commissioner › Subchapter 3 - Insurers › Article 7.1 - Title Insurance Statistical Plan and Related Rules › Section 2356.3 - What to Report. [Repealed]

Current through Register 2024 Notice Reg. No. 28, July 12, 2024
1. New
					 section filed 7-26-2007; operative 11-23-2007 pursuant to Government Code
					 section
					 11343.4(b)
					 (Register 2007, No. 30).
2. Repealer filed 8-4-2009; operative
					 9-3-2009 (Register 2009, No. 32).
Note: Authority cited: Sections
						12389,
						12397.5,
						12401.3,
						12401.5 and
						12414.21,
						Insurance Code; and 20th Century Ins. Co. v. Garamendi (1994) 8 Cal.4th 216.
						Reference: Sections
						12401.1 and
						12401.2,
						Insurance Code.
California Code of Regulations › Title 10 - Investment › Chapter 5 - Insurance Commissioner › Subchapter 3 - Insurers › Article 7.1 - Title Insurance Statistical Plan and Related Rules › Section 2356.4 - When to Report. [Repealed]

Current through Register 2024 Notice Reg. No. 28, July 12, 2024
1. New
					 section filed 7-26-2007; operative 11-23-2007 pursuant to Government Code
					 section
					 11343.4(b)
					 (Register 2007, No. 30).
2. Repealer filed 8-4-2009; operative
					 9-3-2009 (Register 2009, No. 32).
Note: Authority cited: Sections
						12389,
						12397.5,
						12401.3,
						12401.5 and
						12414.21,
						Insurance Code; and 20th Century Ins. Co. v. Garamendi (1994) 8 Cal.4th 216.
						Reference: Sections
						12401.1 and
						12401.2,
						Insurance Code.
California Code of Regulations › Title 10 - Investment › Chapter 5 - Insurance Commissioner › Subchapter 3 - Insurers › Article 7.1 - Title Insurance Statistical Plan and Related Rules › Section 2356.5 - How to Report. [Repealed]

Current through Register 2024 Notice Reg. No. 28, July 12, 2024
1. New
					 section filed 7-26-2007; operative 11-23-2007 pursuant to Government Code
					 section
					 11343.4(b)
					 (Register 2007, No. 30).
2. Repealer filed 8-4-2009; operative
					 9-3-2009 (Register 2009, No. 32).
Note: Authority cited: Sections
						12389,
						12397.5,
						12401.3,
						12401.5 and
						12414.21,
						Insurance Code; and 20th Century Ins. Co. v. Garamendi (1994) 8 Cal.4th 216.
						Reference: Sections
						12401.1 and
						12401.2,
						Insurance Code; and Section
						2015.5,
						Code of Civil Procedure.
California Code of Regulations › Title 10 - Investment › Chapter 5 - Insurance Commissioner › Subchapter 3 - Insurers › Article 7.1 - Title Insurance Statistical Plan and Related Rules › Section 2356.6 - Where to Submit. [Repealed]

Current through Register 2024 Notice Reg. No. 28, July 12, 2024
1. New
					 section filed 7-26-2007; operative 11-23-2007 pursuant to Government Code
					 section
					 11343.4(b)
					 (Register 2007, No. 30).
2. Repealer filed 8-4-2009; operative
					 9-3-2009 (Register 2009, No. 32).
Note: Authority cited: Sections
						12389,
						12397.5,
						12401.3,
						12401.5 and
						12414.21,
						Insurance Code; and 20th Century Ins. Co. v. Garamendi (1994) 8 Cal.4th 216.
						Reference: Sections
						12401.1 and
						12401.2,
						Insurance Code.
California Code of Regulations › Title 10 - Investment › Chapter 5 - Insurance Commissioner › Subchapter 3 - Insurers › Article 7.1 - Title Insurance Statistical Plan and Related Rules › Section 2356.7 - Data Quality Acceptance Standards. [Repealed]

Current through Register 2024 Notice Reg. No. 28, July 12, 2024
1. New
					 section filed 7-26-2007; operative 11-23-2007 pursuant to Government Code
					 section
					 11343.4(b)
					 (Register 2007, No. 30).
2. Repealer filed 8-4-2009; operative
					 9-3-2009 (Register 2009, No. 32).
Note: Authority cited: Sections
						12389,
						12397.5,
						12401.3,
						12401.5 and
						12414.21,
						Insurance Code; and 20th Century Ins. Co. v. Garamendi (1994) 8 Cal.4th 216.
						Reference: Sections
						12401.1 and
						12401.2,
						Insurance Code.
California Code of Regulations › Title 10 - Investment › Chapter 5 - Insurance Commissioner › Subchapter 3 - Insurers › Article 7.1 - Title Insurance Statistical Plan and Related Rules › Section 2356.8 - Title Insurer Statistical Plan Reports. [Repealed]

Current through Register 2024 Notice Reg. No. 28, July 12, 2024
1. New
					 section filed 7-26-2007; operative 11-23-2007 pursuant to Government Code
					 section
					 11343.4(b)
					 (Register 2007, No. 30).
2. Repealer filed 8-4-2009; operative
					 9-3-2009 (Register 2009, No. 32).
Note: Sections
						12389,
						12397.5,
						12401.3,
						12401.5 and
						12414.21,
						Insurance Code; and
20th Century Ins. Co. v. Garamendi
(1994)
						8 Cal.4th 216. Reference: Sections
						1215,
						12401.1,
						12401.2,
						12401.8 and
						12412,
						Insurance Code.
California Code of Regulations › Title 10 - Investment › Chapter 5 - Insurance Commissioner › Subchapter 3 - Insurers › Article 7.1 - Title Insurance Statistical Plan and Related Rules › Section 2356.9 - Annual Financial Data Requirements for Underwritten Title Company Reports. [Repealed]

Current through Register 2024 Notice Reg. No. 28, July 12, 2024
1. New
					 section filed 7-26-2007; operative 11-23-2007 pursuant to Government Code
					 section
					 11343.4(b)
					 (Register 2007, No. 30).
2. Repealer filed 8-4-2009; operative
					 9-3-2009 (Register 2009, No. 32).
Note: Authority cited: Sections
						12389,
						12397.5,
						12401.3,
						12401.5,
						12412 and
						12414.21,
						Insurance Code; and 20th Century Ins. Co. v. Garamendi (1994) 8 Cal.4th 216.
						Reference: Sections
						1215,
						12401.1,
						12401.2,
						12401.8 and
						12412,
						Insurance Code.
California Code of Regulations › Title 10 - Investment › Chapter 5 - Insurance Commissioner › Subchapter 3 - Insurers › Article 7.1 - Title Insurance Statistical Plan and Related Rules › Section 2357.1 - Scope. [Repealed]

Current through Register 2024 Notice Reg. No. 28, July 12, 2024
1. New
					 subarticle 3 (sections
					 2357.1-2352.19) and section filed
					 7-26-2007; operative 11-23-2007 pursuant to Government Code section
					 11343.4(b)
					 (Register 2007, No. 30).
2. Repealer of subarticle 3 (sections
					 2357.1-2357.19) and section filed
					 8-4-2009; operative 9-3-2009 (Register 2009, No.
					 32).
Note: Authority cited: Sections
						12389,
						12397.5,
						12401.3,
						12401.5 and
						12414.21,
						Insurance Code; and 20th Century Ins. Co. v. Garamendi (1994) 8 Cal.4th 216.
						Reference: Sections
						12401.1 and
						12401.2,
						Insurance Code.
California Code of Regulations › Title 10 - Investment › Chapter 5 - Insurance Commissioner › Subchapter 3 - Insurers › Article 7.1 - Title Insurance Statistical Plan and Related Rules › Section 2357.2 - Excessive Charges. [Repealed]

Current through Register 2024 Notice Reg. No. 28, July 12, 2024
1. New
					 section filed 7-26-2007; operative 11-23-2007 pursuant to Government Code
					 section
					 11343.4(b)
					 (Register 2007, No. 30).
2. Repealer filed 8-4-2009; operative
					 9-3-2009 (Register 2009, No. 32).
Note: Authority cited: Sections
						12389,
						12397.5,
						12401.3,
						12401.5 and
						12414.21,
						Insurance Code; and 20th Century Ins. Co. v. Garamendi (1994) 8 Cal.4th 216.
						Reference: Sections
						12401.1 and
						12401.2,
						Insurance Code.
California Code of Regulations › Title 10 - Investment › Chapter 5 - Insurance Commissioner › Subchapter 3 - Insurers › Article 7.1 - Title Insurance Statistical Plan and Related Rules › Section 2357.3 - Determination of Title Insurance Totals. [Repealed]

Current through Register 2024 Notice Reg. No. 28, July 12, 2024
1. New
					 section filed 7-26-2007; operative 11-23-2007 pursuant to Government Code
					 section
					 11343.4(b)
					 (Register 2007, No. 30).
2. Repealer filed 8-4-2009; operative
					 9-3-2009 (Register 2009, No. 32).
Note: Authority cited: Sections
						12389,
						12397.5,
						12401.3,
						12401.5 and
						12414.21,
						Insurance Code; and 20th Century Ins. Co. v. Garamendi (1994) 8 Cal.4th 216.
						Reference: Sections
						12401.1 and
						12401.2,
						Insurance Code.
California Code of Regulations › Title 10 - Investment › Chapter 5 - Insurance Commissioner › Subchapter 3 - Insurers › Article 7.1 - Title Insurance Statistical Plan and Related Rules › Section 2357.4 - Determination of Projected Values for Title Insurance. [Repealed]

Current through Register 2024 Notice Reg. No. 28, July 12, 2024
1. New
					 section filed 7-26-2007; operative 11-23-2007 pursuant to Government Code
					 section
					 11343.4(b)
					 (Register 2007, No. 30).
2. Repealer filed 8-4-2009; operative
					 9-3-2009 (Register 2009, No. 32).
Note: Authority cited: Sections
						12389,
						12397.5,
						12401.3,
						12401.5 and
						12414.21,
						Insurance Code; and 20th Century Ins. Co. v. Garamendi (1994) 8 Cal.4th 216.
						Reference: Sections
						12401.1 and
						12401.2,
						Insurance Code.
California Code of Regulations › Title 10 - Investment › Chapter 5 - Insurance Commissioner › Subchapter 3 - Insurers › Article 7.1 - Title Insurance Statistical Plan and Related Rules › Section 2357.5 - Maximum Title Insurance Charge for a Policy. [Repealed]

Current through Register 2024 Notice Reg. No. 28, July 12, 2024
1. New
					 section filed 7-26-2007; operative 11-23-2007 pursuant to Government Code
					 section
					 11343.4(b)
					 (Register 2007, No. 30).
2. Repealer filed 8-4-2009; operative
					 9-3-2009 (Register 2009, No. 32).
Note: Authority cited: Sections
						12389,
						12397.5,
						12401.3,
						12401.5 and
						12414.21,
						Insurance Code; and 20th Century Ins. Co. v. Garamendi (1994) 8 Cal.4th 216.
						Reference: Sections
						12401.1 and
						12401.2,
						Insurance Code.
California Code of Regulations › Title 10 - Investment › Chapter 5 - Insurance Commissioner › Subchapter 3 - Insurers › Article 7.1 - Title Insurance Statistical Plan and Related Rules › Section 2357.6 - Maximum Average Title Insurance Charge. [Repealed]

Current through Register 2024 Notice Reg. No. 28, July 12, 2024
1. New
					 section filed 7-26-2007; operative 11-23-2007 pursuant to Government Code
					 section
					 11343.4(b)
					 (Register 2007, No. 30).
2. Repealer filed 8-4-2009; operative
					 9-3-2009 (Register 2009, No. 32).
Note: Authority cited: Sections
						12389,
						12397.5,
						12401.3,
						12401.5 and
						12414.21,
						Insurance Code; and 20th Century Ins. Co. v. Garamendi (1994) 8 Cal.4th 216.
						Reference: Sections
						12401.1 and
						12401.2,
						Insurance Code.