California Code of Regulations
Title 10 - Investment
Chapter 5 - Insurance Commissioner
Subchapter 4.7 - Private Passenger Automobile Rating Factors
Article 4 - Good Driver Discount Policy
Section 2632.15 - Data Retention
Current through Register 2024 Notice Reg. No. 38, September 20, 2024
(a) Every insurer offering or issuing a policy of automobile insurance shall collect and retain the data listed in this subsection. All data requirements apply only to an insurer's direct business. If an insurer does not in any way use or collect an item listed in subsection (3) below for any individual insured, they are not required to collect and report the item. This file will be referred to as the "Current File". Insurers are required to collect and retain data on the listed factors, they are not required to use these factors in calculating premiums.
(b) Every insurer issuing a policy of automobile insurance shall maintain historical underwriting, loss and exposure data for each calendar year for each of the latest four years for every insured vehicle. All data requirements apply only to an insurer's direct business. If an insurer does not in any way use or collect an item listed in subsection (6) and (7) below for any individual insured, they are not required to collect and report the item. This data shall be kept in two files with records kept by each vehicle. One file will be referred to as the "Historical Exposure File", and the other file will be referred to as the "Historical Losses File".
1. Certificate of
Compliance as to 3-17-94 order including repealer of article 5 heading and repealer
and new section heading transmitted to OAL 7-12-94 and filed 8-23-94; operative
9-22-94 (Register 94, No. 34). For prior history, see Register 94, No.
11.
2. New section filed 7-5-96; operative 8-4-96 (Register 96, No.
27).
Note: Authority cited: Sections 1861.02 and 1861.03, Insurance Code; and Cal-Farm Insurance v. Deukmejian (1989) 48 Cal.3d 805. Reference: Sections 1861.02 and 1861.03, Insurance Code.