California Insurance Code ARTICLE 3 - Special Restrictions on Business

  • Section 12090.
    (a) An admitted surety insurer shall not become surety on any one undertaking, or accept reinsurance on such undertaking, when its liability thereon, in excess of...
  • Section 12091.
    Whenever a surety insurer fails to maintain such a financial condition that assets allowed under subdivision (a) are equal in value to the aggregate of...
  • Section 12092.
    Whenever such an insurer fails to maintain the financial condition required by section 12091, the commissioner shall require the deficiency to be made up in...
  • Section 12093.
    Whenever a surety insurer gives notice of cancellation of the coverage of an employee under a blanket fidelity bond, upon the request of the employee,...

Last modified: October 22, 2018