California Statutes
§ 11732. — 11732. (Amended by Stats. 2002, Ch. 873, Sec. 2.)
California § 11732.
JurisdictionCalifornia
Code INSInsurance Code - INS
Div. 2.DIVISION 2. CLASSES OF INSURANCE
Part 3.PART 3. LIABILITY, WORKERS' COMPENSATION, AND COMMON CARRIER LIABILITY INSURANCE
Ch. 3.CHAPTER 3. Regulation of Business of Workers’ Compensation Insurance
Art. 2.ARTICLE 2. State Rate Supervision
This text of California § 11732. (11732. (Amended by Stats. 2002, Ch. 873, Sec. 2.)) is published on Counsel Stack Legal Research, covering California primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.
Bluebook
Cal. Insurance Code - INS Code § 11732. (2026).
Text
Rates shall be adequate to cover an insurer’s losses and expenses. Rates shall not tend to create a monopoly in the market. For the purpose of this section, the rates of any individual insurer, other than the State Compensation Insurance Fund, are presumed to create a monopoly in the market if the insurer has a market share, based on a percentage of statewide workers’ compensation premium, equivalent to 20 percent or more of the premium written by all insurers other than the State Compensation Insurance Fund.
Free access — add to your briefcase to read the full text and ask questions with AI
Legislative History
Amended by Stats. 2002, Ch. 873, Sec. 2. Effective January 1, 2003.
Nearby Sections
2
Cite This Page — Counsel Stack
Bluebook (online)
California § 11732., Counsel Stack Legal Research, https://law.counselstack.com/statute/ca/INS/11732..