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2021 California Code
Insurance Code - INS
DIVISION 1 - GENERAL RULES GOVERNING INSURANCE
PART 2 - THE BUSINESS OF INSURANCE
CHAPTER 9 - Rates and Rating and Other Organizations
ARTICLE 10 - Reduction and Control of Insurance Rates
Section 1861.11.
Universal Citation:
CA Ins Code § 1861.11 (2021)
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1861.11.
Emergency Authority. In the event that the commissioner finds that (a) insurers have substantially withdrawn from any insurance market covered by this article, including insurance described by Section 660, and (b) a market assistance plan would not be sufficient to make insurance available, the commissioner shall establish a joint underwriting authority in the manner set forth by Section 11891, without the prior creation of a market assistance plan.
(Added November 8, 1988, by initiative Proposition 103.)
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