§ 2648.2. Receipt of Rate Change Application By Commissioner.
10 CA ADC § 2648.2Barclays Official California Code of Regulations
10 CCR § 2648.2
§ 2648.2. Receipt of Rate Change Application By Commissioner.
(b) Within 14 days of receipt, the Commissioner shall review rate applications for completeness as required by Insurance Code Section 1861.05(b). If the application includes the forms and exhibits listed in the Filing Checklist, as provided in Section 2648.4, and the data required therein, it is complete. If the Commissioner determines that the application is not complete because it does not include such forms, exhibits, or the data required therein, notice stating the grounds for incompleteness will be given to the insurer within the 14 day period and the application will be rejected. Within 10 days of the date that such notice is given, the insurer may request a hearing on the rejection.
(d) If, after a hearing, an application is determined to have been complete when filed, then the 180 day period specified in Insurance Code Section 1861.05 shall have commenced on the date the application was first filed. If the application is determined to be incomplete, then it shall remain rejected.
Credits
Note: Authority cited: Sections 1861.05 and 1861.055, California Insurance Code. Reference: Sections 1861.05 and 1861.055, California Insurance Code.
History
1. New section filed 7-12-93 as an emergency; operative 7-12-93 (Register 93, No. 29). A Certificate of Compliance must be transmitted to OAL 11-8-93 or emergency language will be repealed by operation of law on the following day.
2. Certificate of Compliance as to 7-12-93 order transmitted to OAL 11-3-93 and filed 12-17-93 (Register 93, No. 51).
3. Change without regulatory effect amending subsection (a) filed 8-27-2020 pursuant to section 100, title 1, California Code of Regulations (Register 2020, No. 35).
This database is current through 5/10/24 Register 2024, No. 19.
Cal. Admin. Code tit. 10, § 2648.2, 10 CA ADC § 2648.2
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