Cal. Ins. Code § 679.6

Current through the 2024 Legislative Session.

Section 679.6 - Exemption of insurance eligible for placement by nonadmitted insurers through licensed surplus lines brokers

The commissioner may, after hearing, exempt from the provisions of this chapter insurance in respect to any risk or class of risk that is eligible under Section 1763 for placement with nonadmitted insurers by and through licensed surplus line brokers upon a finding by him that application of this chapter would diminish or tend to diminish the availability, or substantially increase the cost, of such insurance.

Ca. Ins. Code § 679.6

Added by Stats. 1971, Ch. 989.