California Insurance Code CHAPTER 2 - Fiscal Requirements

• Section 12750.
  (a) A home protection company which has issued or renewed an aggregate number of 1,000 or less contracts in the preceding calendar year shall maintain a...
• Section 12751.
  Any home protection company which has issued and in force, prior to January 1, 1979, any contracts for home protection exempt from the provisions of...
• Section 12752.
  (a) Each home protection company shall file an annual statement exhibiting its conditions and affairs in accordance with Sections 900, 900.5, 900.8, 900.9, 902, 903, 903.5,...
• Section 12753.
  (a) A home protection company shall maintain a reserve for unearned premiums in an amount not less than 40 percent of the aggregate premiums charged on...
• Section 12755.
  A home protection company shall be deemed insolvent whenever its net worth is reduced below 50 percent of the amount required by Section 12750.(Added by...
• Section 12756.
  A home protection company shall invest only in those assets defined in Article 3 (commencing with Section 1170) and Article 4 (commencing with Section 1190)...
• Section 12757.
  The provisions of Article 14.2 (commencing with Section 1063) of Chapter 1 of Part 2 of Division 1, shall not be applicable to home protection...

Last modified: October 22, 2018