California Code of Regulations
Title 10 - Investment
Chapter 5 - Insurance Commissioner
Subchapter 4.10 - Rates for Credit Property Insurance and Credit Unemployment Insurance
Article 7 - Effective Date and Severability
Section 2670.23 - Effective Date
Every insurer subject to this Subchapter shall seek approval of its rates sixty (60) days after the effective date of these regulations. Credit property and credit unemployment rate filings shall be reviewed under Insurance Code Sections 779.36, 1861.01(c), 1861.05, and any other applicable law.
1. New article 7
(section 2670.23-2670.24) and section filed 3-10-2003; operative 4-9-2003. Submitted
to OAL for printing only pursuant to Government Code section
11343.8 as a
regulation that establishes rates in accordance with Government Code section
11340.9(g)
(Register 2003, No. 11).
2. Change without regulatory effect withdrawing
and repealing article 7 (sections 2670.23-2670.24) and section pursuant to
settlement agreement in Consumer Credit Insurance Association v. John Garamendi
(California Superior Court No. 03CS00533) filed 5-27-2004 pursuant to section
100, title 1, California Code of
Regulations (Register 2004, No. 22).
3. New article 7 (section
2670.23-2670.24) and section filed 4-28-2006; operative 5-28-2006. Submitted to OAL
for printing only pursuant to Government Code section
11343.8 as a
regulation that establishes rates in accordance with Government Code section
11340.9(g)
(Register 2006, No. 17).
Note: Authority cited: Sections 779.21, 779.36, 12921 and 12926, Insurance Code; Credit Insurance General Agents Association v. Payne, 16 Cal.3d 651 (1976); and 20th Century v. Garamendi, 8 Cal.4th 216 (1994). Reference: Sections 779.36, 1861.01 and 1861.05, Insurance Code.