California Statutes
§ 12380. — 12380. (Amended by Stats. 1993, Ch. 974, Sec. 7.)
California·Code INS Insurance Code - INS·Div. 2. DIVISION 2. CLASSES OF INSURANCE·Part 6. PART 6. INSURANCE COVERING LAND·Ch. 1. CHAPTER 1. Title Insurance·Art. 3.5. ARTICLE 3.5. Unearned Premium Reserve and Reserve for Unpaid Losses and Loss Expense
Unless the provision or context otherwise requires, the following definitions govern the construction of this article:
(a)“Total charges for policies of title insurance” means (i) the total of fees and charges as shown on policies, as required by Section 12412, less any amount paid for coinsurance of such policy to any coinsuring title insurer and (ii) the total sum charged by any coinsuring title insurer for acting as a coinsurer in respect to any policy of title insurance.
(b)“Ceding company” means a title insurer which shall have purchased a policy or contract of reinsurance from a reinsuring company.
(c)“Reinsuring company” means a title insurer which shall have sold a policy or contract of reinsurance to a ceding company.
(d)“Unearned premium reserve” means that reserve that is ge
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California § 12380. (12380. (Amended by Stats. 1993, Ch. 974, Sec. 7.)) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.
Legislative History
Amended by Stats. 1993, Ch. 974, Sec. 7. Effective January 1, 1994.