2013 California Code
Insurance Code - INS
DIVISION 2. CLASSES OF INSURANCE
PART 3. LIABILITY, WORKERS' COMPENSATION, AND COMMON CARRIER LIABILITY INSURANCE
CHAPTER 1. General Regulations
ARTICLE 1. Reserves of Insurers
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 excess and additional premiums, after deducting the aggregate of:
(a) Return premiums other than premiums returned to policyholders as dividends.
(b) Reinsurance premiums and premiums on policies canceled.
(c) Unearned premiums on policies in force.
(Enacted by Stats. 1935, Ch. 145.)
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