California § 10232.6. 10232.6. (Added by Stats. 1988, Ch. 1342, Sec. 1.)

California Statutes

§ 10232.6. — 10232.6. (Added by Stats. 1988, Ch. 1342, Sec. 1.)

California·Code INS Insurance Code - INS·Div. 2. DIVISION 2. CLASSES OF INSURANCE·Part 2. PART 2. LIFE AND DISABILITY INSURANCE·Ch. 2.6. CHAPTER 2.6. Long-Term Care Insurance·Art. 3. ARTICLE 3. Administration and Enforcement

The commissioner may adopt regulations establishing loss ratio standards for long-term care insurance policies provided that a specific reference to long-term care insurance policies is contained in the regulation. Any regulations adopted by the commissioner shall substantially reflect the loss ratio standards contained in Section 10 of the National Association of Insurance Commissioners Long-Term Care Insurance Model Regulations, as most recently revised.

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The commissioner may adopt regulations establishing loss ratio standards for long-term care insurance policies provided that a specific reference to long-term care insurance policies is contained in the regulation. Any regulations adopted by the commissioner shall substantially reflect the loss ratio standards contained in Section 10 of the National Association of Insurance Commissioners Long-Term Care Insurance Model Regulations, as most recently revised.

California § 10232.6. (10232.6. (Added by Stats. 1988, Ch. 1342, Sec. 1.)) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.