Statute · California Insurance Code

Cal. Ins. Code § 11821 — Rates

Cal. Ins. Code § 11821

Type
Statute
Source
California Insurance Code
Jurisdiction
California
Current through
Nov 2, 2026 (California Legislative Counsel)

Within each class of business insured such rates shall be fixed, so far as practicable, in accordance with the following elements:

Citator

Cal. Ins. Code § 11821 — Rates is in force in the current edition of the Code, and nothing recorded condemns it.

Within each class of business insured such rates shall be fixed, so far as practicable, in accordance with the following elements:

(a) Bodily risk or safety, or other hazard of the plant, premises or work of each insured employer.

(b) The manner in which the work is conducted.

(c) A reasonable regard for the accident experience and history of each such insured.

(d) A reasonable regard for the insured’s means and methods of caring for injured persons.

Such rates shall take no account of the extent to which the employees in any particular establishment have or have not persons dependent upon them for support.