California Insurance Code

§ 1875.12

INS § 1875.12 Effective Jan 1, 1998Div. 1 · Part 2 · Ch. 12 · Art. 5.5

Statute text

(a)The commissioner may license an organization as an insurance claims analysis bureau if it meets the following qualifications:

(1)Is a nonprofit corporation organized for the purpose of fraud prevention or is a corporation that has made the filings required by Section 1855.2.

(2)Has at least two years of experience, or has a managing officer with at least two years of experience, determined by the commissioner to be relevant to operation of an insurance claims analysis bureau, or has at least two years’ experience collecting and compiling insurance statistical information.

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Legislative history

Amended by Stats. 1997, Ch. 501, Sec. 2.8. Effective January 1, 1998.