Cal. Code Regs. tit. 10 § 2136

Current through Register 2024 Notice Reg. No. 50, December 13, 2024
Section 2136 - Artificial Division of Coverage Prohibited

Artificial divisions of coverage in one class or in any form of coverage under one class, into two or more proposed contracts, for the purpose of rendering a portion of the coverage unacceptable to a majority of insurers admitted for that class, or for the purpose of obtaining a rate advantage upon the entire risk, is prohibited where the entire coverage sought in that class or form would be acceptable as a single contract to such 'majority of admitted insurers.

Cal. Code Regs. Tit. 10, § 2136