Statute · California Insurance Code
Cal. Ins. Code § 742.25 — Multiple Employer Welfare Arrangements
Cal. Ins. Code § 742.25
- Type
- Statute
- Source
- California Insurance Code
- Jurisdiction
- California
- Date
- 1995-01-01
- Current through
- Nov 2, 2026 (California Legislative Counsel)
In determining the qualification of a multiple employer welfare arrangement, the commissioner will consider, among other things:
Citator
Cal. Ins. Code § 742.25 — Multiple Employer Welfare Arrangements is in force in the current edition of the Code, and nothing recorded condemns it.
In determining the qualification of a multiple employer welfare arrangement, the commissioner will consider, among other things:
(a) The history of the multiple employer welfare arrangement.
(b) The competency, character, integrity, responsibility, and general fitness of the management and administration.
(c) Financial stability.
(d) Whether claims were promptly and fairly adjusted and are promptly and fully paid in accordance with the law and the terms of the plan.
(e) Fairness and honesty of methods of doing business.
(f) Hazard to covered employees or creditors.