California § 1872.87. 1872.87. (Amended by Stats. 2013, Ch. 321, Sec. 22.)

California Statutes

§ 1872.87. — 1872.87. (Amended by Stats. 2013, Ch. 321, Sec. 22.)

California § 1872.87.

JurisdictionCalifornia

Code INSInsurance Code - INS

Div. 1.DIVISION 1. GENERAL RULES GOVERNING INSURANCE

Part 2.PART 2. THE BUSINESS OF INSURANCE

Ch. 12.CHAPTER 12. The Insurance Frauds Prevention Act

Art. 2.ARTICLE 2. Bureau of Fraudulent Claims

This text of California § 1872.87. (1872.87. (Amended by Stats. 2013, Ch. 321, Sec. 22.)) 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 § 1872.87. (2026).

Text

(a)Each insurer required to pay special purpose assessments pursuant to Sections 1872.8, 1872.81, 1872.85, 1874.8, or subdivision (a) of Section 1872.86 may, over a reasonable length of time, but in no event later than the calendar year in which the assessment is paid, recoup the special purpose assessments by way of a surcharge on premiums charged for the insurance policies to which those sections apply or by including the assessments within the insurer’s rates. Amounts recouped shall not be considered premiums for any purpose, including the computation of gross premium tax or agents’ commission.

(b)The amount of the surcharge shall be separately stated on either a billing or policy declaration sent to an insured.

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(a)
Each insurer required to pay special purpose assessments pursuant to Sections 1872.8, 1872.81, 1872.85, 1874.8, or subdivision (a) of Section 1872.86 may, over a reasonable length of time, but in no event later than the calendar year in which the assessment is paid, recoup the special purpose assessments by way of a surcharge on premiums charged for the insurance policies to which those sections apply or by including the assessments within the insurer’s rates. Amounts recouped shall not be considered premiums for any purpose, including the computation of gross premium tax or agents’ commission.
(b)
The amount of the surcharge shall be separately stated on either a billing or
policy declaration sent to an insured.