California Code of Regulations
Title 10 - Investment
Chapter 5 - Insurance Commissioner
Subchapter 9 - Insurance Fraud
Article 4 - Program for Investigation and Prosecution of Automobile Insurance Fraud
Section 2698.60 - Authority and Purpose
These regulations are promulgated pursuant to authority granted to the Insurance Commissioner under the provisions of Section 1872.8 of the California Insurance Code. The purpose of these regulations is to establish the level of annual assessment per insured vehicle in the state and to set forth the intended and allowable use of funds to be distributed to district attorneys for purposes of investigation and prosecution of automobile insurance fraud, including an application process and subsequent reporting requirements.
1. New subchapter 9, article 4 and section filed 10-8-93; operative 11-7-93 (Register 93, No. 41).
Note: Authority cited: Section 1872.8, Insurance Code; CalFarm Insurance Company et al. v. Deukmejian, et al. (1989) 48 Cal.3d 805, 824. Reference: Section 1872.8, Insurance Code.