California Code of Regulations
Title 10 - Investment
Chapter 5 - Insurance Commissioner
Subchapter 4.8 - Review of Rates
Article 8 - Timelines for Scheduling and Commencing Hearings
Section 2648.2 - Receipt of Rate Change Application by Commissioner

Universal Citation: 10 CA Code of Regs 2648.2

Current through Register 2024 Notice Reg. No. 38, September 20, 2024

(a) For the purpose of Insurance Code Section 1861.05(c), a rate change application shall be considered to have been received by the Commissioner on the date that it is received by the Department's Rate Filing Bureau.

(b) Within 14 days of receipt, the Commissioner shall review rate applications for completeness as required by Insurance Code Section 1861.05(b). If the application includes the forms and exhibits listed in the Filing Checklist, as provided in Section 2648.4, and the data required therein, it is complete. If the Commissioner determines that the application is not complete because it does not include such forms, exhibits, or the data required therein, notice stating the grounds for incompleteness will be given to the insurer within the 14 day period and the application will be rejected. Within 10 days of the date that such notice is given, the insurer may request a hearing on the rejection.

(c) The hearing shall be held within 10 days of receipt of the request by the Department's Rate Enforcement Bureau. The scope of the hearing shall be limited to the completeness of the application.

(d) If, after a hearing, an application is determined to have been complete when filed, then the 180 day period specified in Insurance Code Section 1861.05 shall have commenced on the date the application was first filed. If the application is determined to be incomplete, then it shall remain rejected.

(e) Rejection of an application for incompleteness shall not bar the refiling of a complete application.

(f) Public notice required by Insurance Code Section 1861.05 shall be made within 10 days after the Commissioner determines that an application is complete.

1. New section filed 7-12-93 as an emergency; operative 7-12-93 (Register 93, No. 29). A Certificate of Compliance must be transmitted to OAL 11-8-93 or emergency language will be repealed by operation of law on the following day.
2. Certificate of Compliance as to 7-12-93 order transmitted to OAL 11-3-93 and filed 12-17-93 (Register 93, No. 51).
3. Change without regulatory effect amending subsection (a) filed 8-27-2020 pursuant to section 100, title 1, California Code of Regulations (Register 2020, No. 35).

Note: Authority cited: Sections 1861.05 and 1861.055, California Insurance Code. Reference: Sections 1861.05 and 1861.055, California Insurance Code.

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