California Insurance Code ARTICLE 15.5 - Administrative Supervision

• Section 1077.
  As used in this article:(a) “Insurer” means and includes every person engaged as indemnitor, surety, or contractor in the business of entering into contracts of life...
• Section 1077.1.
  The provisions of the article shall apply to all of the following:(a) All domestic life or disability insurers, except the State Compensation Insurance Fund.(b) Any other life...
• Section 1077.2.
  (a) An insurer may be subject to administrative supervision by the commissioner if, upon examination or at any other time it appears in the commissioner’s discretion...
• Section 1077.3.
  (a) Notwithstanding any other provision of law, and except as set forth in this section, proceedings, hearings, notices, correspondence, reports, records, and other information in the...
• Section 1077.4.
  During the period of supervision, the commissioner or his or her designated appointee shall serve as the administrative supervisor. The commissioner may provide that the...
• Section 1077.5.
  During the period of supervision the insurer may contest an action taken or proposed to be taken by the supervisor specifying the manner wherein the...
• Section 1077.6.
  Nothing contained in this article shall preclude the commissioner from initiating judicial proceedings to place an insurer in conservation, rehabilitation, or liquidation proceedings or other...
• Section 1077.7.
  The commissioner may adopt reasonable rules necessary for the implementation of this article.(Added by Stats. 1991, Ch. 986, Sec. 8.)
• Section 1077.8.
  Notwithstanding any other provision of law, the commissioner may meet with a supervisor appointed under this article and with the attorney or other representative of...
• Section 1077.9.
  There shall be no liability on the part of, and no cause of action of any nature shall arise against, the commissioner or the department...
• Section 1077.95.
  The authority granted pursuant to this article is in addition to, and not in lieu of, any other provision of this code.(Added by Stats. 1991,...

Last modified: October 22, 2018