Statute · California Insurance Code

Cal. Ins. Code § 1861.11 — [Reduction and Control of Insurance Rates]

Cal. Ins. Code § 1861.11

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

Emergency Authority. In the event that the commissioner finds that (a) insurers have substantially withdrawn from any insurance market covered by this article, including insurance described by Section 660, and (b) a market assistance plan would not be sufficient to make insurance available, the…

Citator

Cal. Ins. Code § 1861.11 — [Reduction and Control of Insurance Rates] is in force in the current edition of the Code, and nothing recorded condemns it.

Emergency Authority.  In the event that the commissioner finds that (a) insurers have substantially withdrawn from any insurance market covered by this article, including insurance described by Section 660, and (b) a market assistance plan would not be sufficient to make insurance available, the commissioner shall establish a joint underwriting authority in the manner set forth by Section 11891, without the prior creation of a market assistance plan.