California Insurance Code CHAPTER 6.1 - Surplus Line Advisory Organization
- Section 1780.50.
(a) The Legislature finds and declares that consumers in the State of California have insurance needs which cannot always be met through the admitted insurance market....
- Section 1780.51.
(a) As used in this chapter, “surplus line advisory organization” shall mean the organization authorized to perform the duties delegated by the commissioner under this chapter...
- Section 1780.52.
(a) The surplus line advisory organization shall be deemed a joint arrangement established by statute to assure the availability of insurance on a sound basis under...
- Section 1780.53.
The commissioner shall remain fully responsible for supervising the implementation and administration of the surplus line law and for all regulatory decisions and initiatives in...
- Section 1780.54.
To be authorized to perform the duties delegated by the commissioner under this chapter and to exercise the authority incidental thereto, an organization must satisfy...
- Section 1780.55.
(a) Within 120 days after the filing of the documents required by subdivision (b) of Section 1780.54, the commissioner shall notify the organization in writing of...
- Section 1780.56.
(a) The commissioner may delegate one or more of the following duties to a qualified surplus line advisory organization under this chapter:(1) To receive, review, and record...
- Section 1780.57.
If the commissioner delegates to the surplus line advisory organization one or more of the duties set forth in Section 1780.56, the advisory organization also...
- Section 1780.58.
(a) The surplus line advisory organization shall be subject to the supervision of the commissioner, including, but not limited to, the powers of the commissioner pursuant...
- Section 1780.59.
(a) If, as a result of the commissioner’s examination of the surplus line advisory organization or otherwise, there is good cause to believe that the advisory...
- Section 1780.60.
(a) If there is good cause to believe that the surplus line advisory organization’s noncompliance with any provision of this chapter is willful, or if within...
- Section 1780.61.
If, after a hearing pursuant to subdivision (d) of Section 1780.58 or subdivision (a) of Section 1780.60, the commissioner finds:(a) That the advisory organization has violated...
- Section 1780.62.
Except as otherwise provided in this chapter, the proceedings required or authorized by subdivision (d) of Section 1780.58 and by Sections 1780.60 and 1780.61 shall...
- Section 1780.63.
(a) Any finding, determination, rule, ruling, or order made by the commissioner under this chapter shall be subject to review by the courts of this state,...
- Section 1780.64.
(a) If the surplus line advisory organization, or any of its officers, committee members, agents, or employees, fails to comply with a final order of the...
- Section 1780.65.
Any action by the surplus line advisory organization may be reviewed by the commissioner upon petition by any person adversely affected thereby, but only after...
- Section 1780.66.
(a) There shall be no liability on the part of, and no cause of action of any nature shall arise against, the surplus line advisory organization,...
- Section 1780.67.
(a) No person shall serve on the governing body of the surplus line advisory organization if in the past 10 years that person has been disciplined...
Last modified: October 22, 2018