Cal. Code Regs. tit. 10 § 2644.13

Current through Register 2024 Notice Reg. No. 50, December 13, 2024

Section 2644.13 - Projected Ancillary Income

"Projected ancillary income" means projected net income to the insurer, or an affiliate of the insurer, not derived from insurance premiums subject to this subchapter but derived from operations directly related to insurance subject to this subchapter. Projected ancillary income shall be expressed on a per-exposure basis. Premium financing revenues and membership dues shall be included within projected ancillary income. "Affiliate" means a company having common management, ownership, or control with the insurer.

Cal. Code Regs. Tit. 10, § 2644.13

1. New section filed 8-13-91 as an emergency; operative 8-13-91 (Register 92, No. 3). A Certificate of Compliance must be transmitted to OAL 12-11-91 or emergency language will be repealed by operation of law on the following day.
2. Repealed by operation of Government Code section 11346.1(g) (Register 92, No. 15).
3. New section refiled 2-14-92 as an emergency; operative 2-14-92 (Register 92, No. 15). A Certificate of Compliance must be transmittted to OAL 6-15-92 or emergency language will be repealed by operation of law on the following day.
4. Repealed by operation of Government Code section 11346.1(g) and new section filed 3-15-95; operative 3-15-95. Submitted to OAL for printing only pursuant to Government Code section 11343(a)(1) (Register 95, No. 11).
5. Editorial correction amending section (Register 2005, No. 18).

Note: Authority cited: Section 1861.01 and 1861.05, Insurance Code; 20th Century v. Garamendi, 8 Cal.4th 216 (1994). Reference: Section 1861.01 and 1861.05, Insurance Code; Calfarm Insurance Company v. Deukmejian (1989) 48 Cal.3d 805.