California Insurance Code

§ 704

Name: California Superior Court Tentative Rulings
Creator: DecisionDepot
License: https://creativecommons.org/licenses/by-nc/4.0/

INS § 704Div. 1 · Part 2 · Ch. 1 · Art. 3

Statute text

View on leginfo.ca.gov

The commissioner may suspend the certificate of authority of an insurer for not exceeding one year whenever he finds, after proper hearing following notice, that such insurer engages in any of the following practices:

(a)Conducting its business fraudulently.

(b)Not carrying out its contracts in good faith.

…

Legislative history

Amended by Stats. 1959, Ch. 1452.