Cal. Code Regs. tit. 10 § 2140
Current through Register 2024 Notice Reg. No. 50, December 13, 2024
The use of a surplus line broker's license for the sole purpose of premium or rate competition with admitted insurers is prohibited. The commissioner is of the opinion, however, that the act does not contemplate the forcing by admitted insurers of unreasonable or arbitrary rates upon the insuring public.
Cal. Code Regs. Tit. 10, § 2140