Cal. Ins. Code § 995.4

Current through the 2023 Legislative Session.

Section 995.4 - Unearned portion of premium charges maintained as liability

An insurer, notwithstanding the provisions of any contingent or retrospective compensation arrangement with any person, shall maintain as a liability, as part of its unearned premium reserve the unearned portion of all premium charges made to insureds without deduction for uncollected charges.

Ca. Ins. Code § 995.4

Added by Stats. 1965, Ch. 1818.