Statute · California Insurance Code

Cal. Ins. Code § 815 — Restrictions on Compensation of Adjusters

Cal. Ins. Code § 815

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

No insurer shall pay any representative given discretion as to the settlement or adjustment of claims under life or disability policies, whether in direct negotiation with the claimant or in supervision of the person negotiating, a compensation which in any way is contingent upon the amount of…

Citator

Cal. Ins. Code § 815 — Restrictions on Compensation of Adjusters is in force in the current edition of the Code, and nothing recorded condemns it.

No insurer shall pay any representative given discretion as to the settlement or adjustment of claims under life or disability policies, whether in direct negotiation with the claimant or in supervision of the person negotiating, a compensation which in any way is contingent upon the amount of settlement of such claims.