California Code of Regulations
Title 10 - Investment
Chapter 5 - Insurance Commissioner
Subchapter 3 - Insurers
Article 1.3 - Standards for Approval of Insurer Names
Section 2278.58 - Commissioner's Discretion
Current through Register 2024 Notice Reg. No. 38, September 20, 2024
(a) The Commissioner may waive strict compliance with the requirements of this Article if the Commissioner determines, in the Commissioner's discretion, that a proposed name will not constitute or create an interference with or be too similar to the name of a business or entity (including a name that has been reserved pursuant to Insurance Code Section 881 and a proposed name for which an application is pending before the Commissioner), or when a proposed name is not likely to mislead the public in any respect.
(b) The discretion of the Commissioner in approving and disapproving names is not exhausted by these regulations.
1. New section
filed 10-11-2010; operative 11-10-2010 (Register 2010, No. 42).
2. Change
without regulatory effect amending subsection (a) filed 7-14-2021 pursuant to
section 100, title 1, California Code of
Regulations (Register 2021, No. 29). Filing deadline specified in Government Code
section
11349.3(a)
extended 60 calendar days pursuant to Executive Order
N-40-20.
Note: Authority cited: Sections 700, 720 and 790.10, Insurance Code; CalFarm Ins. Co. v. Deukmejian, (1989) 48 Cal.3d 805; and 20th Century Ins. Co. v. Garamendi, (1994) 8 Cal. 4th 216. Reference: Sections 742.42, 790.02, 790.03, 880, 881, 881.1, 881.2, 881.5, 882, 882.5, 883, 10970, 12162, 12389 and 12743, Insurance Code.
