California Insurance Code ARTICLE 1 - Reserves of Insurers

• Section 11550.
  As used in this article, the term “liability” means liability and common carrier liability insurance.(Enacted by Stats. 1935, Ch. 145.)
• Section 11551.
  As used in this article, the term “compensation” means workers’ compensation insurance.(Amended by Stats. 1981, Ch. 714, Sec. 272.)
• Section 11552.
  As used in this article, the term “earned premium,” means the amount remaining of the gross premiums charged on all policies written, including all determined...
• Section 11553.
  As used in this article, the terms “loss payments,” and “loss expense payments,” mean all payments to claimants or on account of claims. Such payments...
• Section 11554.
  In estimating the condition of any insurer admitted to transact such liability or compensation insurance, the commissioner shall charge as liabilities, among any other items,...
• Section 11555.
  An insurer transacting such compensation or liability insurance shall include the following schedules in its annual statement required by law:(a) A schedule showing distribution of unallocated...
• Section 11555.2.
  Each insurer transacting insurance covering liability for malpractice of any person licensed under the Dental Practice Act (Chapter 4 (commencing with Section 1600) of Division...
• Section 11556.
  The reserve for outstanding losses and loss expenses under such liability or compensation insurance shall be determined in accordance with the regulations of the commissioner...
• Section 11557.
  Whenever the reserves for outstanding liability or compensation losses and loss expenses of any insurer, computed pursuant to this article, seem inadequate to the commissioner,...

Last modified: October 22, 2018