California Insurance Code ARTICLE 4.8 - Business Transacted with Producer Controlled Insurer

• Section 1216.
  This article may be cited as the Business Transacted with Producer Controlled Insurer Act.(Added by Stats. 1992, Ch. 614, Sec. 7. Effective January 1, 1993.)
• Section 1216.1.
  As used in this article, the following terms have the following meanings:(a) “Accredited state” means a state in which the insurance department or regulatory agency having...
• Section 1216.2.
  This article shall apply to insurers as defined in subdivision (e) of Section 1216.1, either domiciled in this state or domiciled in a state that...
• Section 1216.3.
  (a) (1) The provisions of this section shall apply if, in any calendar year, the aggregate amount of gross written premium of business placed with a controlled...
• Section 1216.4.
  The controlling producer shall, prior to the effective date of the policy, deliver written notice to the prospective insured disclosing the relationship between the producer...
• Section 1216.5.
  (a) (1) If the commissioner believes that the controlling producer or any other person has not materially complied with this article, or any regulation or order issued...
• Section 1216.6.
  Controlled insurers and controlling producers who are not in compliance with Section 1216.3 of this act on its effective date shall have 60 days to...

Last modified: October 22, 2018