Filed Under:Your Practice, Regulatory

California to consider wide scope of hazardous conditions

California Insurance Commissioner Dave Jones. (photo courtesy of CDI's website)
California Insurance Commissioner Dave Jones. (photo courtesy of CDI's website)

Under proposed California Department of Insurance (CDI) regulations, the commissioner could make far-reaching financial decisions for insurers under a broad range of conditions deemed hazardous, including adverse findings in market conduct exam reports.

California conducts three types of market conduct exams: financial exams; claims activity and lastly, rating and underwriting.

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Nichole Morford

Nichole Morford
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