Statute · California Insurance Code

Cal. Ins. Code § 935.9 — Own Risk and Solvency Assessment

Cal. Ins. Code § 935.9

Type: Statute
Source: California Insurance Code
Jurisdiction: California
Date: 2014-01-01
Current through: Nov 2, 2026 (California Legislative Counsel)

Any insurer failing, without just cause, to timely file the ORSA Summary Report as required in this article shall be subject to the late filing fees set forth in Section 924. The commissioner may reduce the penalty if the insurer demonstrates to the commissioner that the imposition of the…

Citator

Cal. Ins. Code § 935.9 — Own Risk and Solvency Assessment is in force in the current edition of the Code, and nothing recorded condemns it.

Any insurer failing, without just cause, to timely file the ORSA Summary Report as required in this article shall be subject to the late filing fees set forth in Section 924. The commissioner may reduce the penalty if the insurer demonstrates to the commissioner that the imposition of the penalty would constitute a financial hardship to the insurer.