California Insurance Code ARTICLE 14.2 - California Insurance Guarantee Association

• Section 1063.
  (a) Within 60 days after the original effective date of this article, all insurers, including reciprocal insurers, admitted to transact insurance in this state of any...
• Section 1063.1.
  As used in this article:(a) “Member insurer” means an insurer required to be a member of the association in accordance with subdivision (a) of Section 1063,...
• Section 1063.2.
  (a) The association shall pay and discharge covered claims, and in connection therewith, pay for or furnish loss adjustment services and defenses of claimants when required...
• Section 1063.3.
  To aid in the detection and prevention of member insurer insolvencies:(a) The board may, upon majority vote, make recommendations to the commissioner on matters pertaining to...
• Section 1063.4.
  (a) Insureds entitled to the protection of this article shall cooperate with the association in accordance with their policies in the same manner as they would...
• Section 1063.45.
  (a) (1) To the extent necessary to secure funds for the association for payment of administrative expenses of the association and covered claims of insolvent insurers and...
• Section 1063.5.
  (a) (1) To the extent necessary to secure funds for the association for payment of the administrative expenses of the association, covered claims of insolvent insurers, and...
• Section 1063.6.
  All proceedings in which the insolvent insurer is a party or is obligated to defend a party in any court in the state shall, subject...
• Section 1063.7.
  When a liquidator, domiciliary or ancillary, is appointed in this state for any member insurer, the liquidator shall promptly give notice of his or her...
• Section 1063.8.
  Notwithstanding any other provision of law, the association shall be exempt from all license fees, income, franchise, privilege, property, or occupation taxes levied or assessed...
• Section 1063.9.
  (a) The operation of the association shall at all times be subject to the regulation of the commissioner. The commissioner, or any deputy or examiner, or...
• Section 1063.10.a.
  All orders or decisions of the commissioner made pursuant to Chapter 1347, Statutes of 1969 (of which this article is a part) and the provisions...
• Section 1063.11.
  The commissioner may, upon notice and opportunity for all interested parties to be heard, issue such rules, regulations and orders as may be necessary to...
• Section 1063.12.
  (a) The association, its member insurers, and its officers, directors, agents or employees of the association, or its member insurers, shall under no circumstances be liable...
• Section 1063.13.
  No member insurer of the association shall engage in the unlawful trade practice defined and condemned in subdivision (g) of Section 790.03.(Added by Stats. 1970,...
• Section 1063.135.
  (a) The plan of operation adopted pursuant to subdivision (c) of Section 1063 shall contain provisions whereby each member insurer is required to recoup, in the...
• Section 1063.14.
  (a) (1) The plan of operation adopted pursuant to subdivision (c) of Section 1063 shall contain provisions whereby each member insurer is required to recoup, in the...
• Section 1063.145.
  The statement of the amount of surcharge required to be provided under subdivision (b) of Section 1063.14 shall include a description of, and purpose for,...
• Section 1063.15.
  In any workers’ compensation matter the association shall have the same period of time within which to act or to exercise a right as is...
• Section 1063.16.
  The association, to the extent it determines necessary or desirable, may request the department to issue bonds pursuant to Article 14.25 (commencing with Section 1063.50)...
• Section 1063.17.
  (a) All meetings of the board of governors of the association and its investment and audit committees shall be open and public, and all persons shall...
• Section 1063.18.
  (a) Nothing in this article requires a final determination of a claim in an insolvent insurer’s liquidation proceeding before a covered claim may be submitted to...

Last modified: October 22, 2018