Opinion ID: 700249
Heading Depth: 2
Heading Rank: 1

Heading: Classification of Penney Policy as Group Policy

Text: 11 Section 230.1 of the Insurance Code initially purports to define group policies as only those offered to groups described in the statute. Holders of the same credit card are not among the groups described. Section 230.2, however, allows group insurance policies to be offered to groups other than those defined in section 230.1, when the state Director of Insurance approves such policies pursuant to criteria set forth in the section. 12 In the present case, the Director approved Penney's proposed group master policy after being apprised of the group's potential membership. Because the parties allege no facts to the contrary, we presume that the Director properly considered the criteria of section 230.2 in reaching her decision to approve the application. The district court therefore correctly determined that the Penney policy was a valid group policy.