California Insurance Code ARTICLE 7 - Valuation of Investments

• Section 1250.
  When any domestic incorporated insurer has, pursuant to the laws of this State, invested any of its funds in purchases of, or loans upon, the...
• Section 1251.
  A stock, bond or other evidence of debt if in default as to principal or interest, or if not amply secured, shall not be valued...
• Section 1252.
  All bonds or other evidences of debt held by an admitted incorporated insurer if amply secured and if not in default as to principal or...
• Section 1253.
  Any such insurer may report such bonds or other evidence of debt at market value or book value, but in no event at an aggregate...
• Section 1254.
  Any asset of an insurer which is found by the commissioner to be insolvent or threatened with insolvency shall be reduced in value, if necessary,...

Last modified: October 22, 2018