California § 742.25. 742.25. (Added by Stats. 1994, Ch. 1082, Sec. 1.)

California Statutes

§ 742.25. — 742.25. (Added by Stats. 1994, Ch. 1082, Sec. 1.)

California § 742.25.

JurisdictionCalifornia

Code INSInsurance Code - INS

Div. 1.DIVISION 1. GENERAL RULES GOVERNING INSURANCE

Part 2.PART 2. THE BUSINESS OF INSURANCE

Ch. 1.CHAPTER 1. General Regulations

Art. 4.7.ARTICLE 4.7. Multiple Employer Welfare Arrangements

This text of California § 742.25. (742.25. (Added by Stats. 1994, Ch. 1082, Sec. 1.)) 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 § 742.25. (2026).

Text

In determining the qualification of a multiple employer welfare arrangement, the commissioner will consider, among other things:

(a)The history of the multiple employer welfare arrangement.

(b)The competency, character, integrity, responsibility, and general fitness of the management and administration.

(c)Financial stability.

(d)Whether claims were promptly and fairly adjusted and are promptly and fully paid in accordance with the law and the terms of the plan.

(e)Fairness and honesty of methods of doing business.

(f)Hazard to covered employees or creditors.

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In determining the qualification of a multiple employer welfare arrangement, the commissioner will consider, among other things:
(a)
The history of the multiple employer welfare arrangement.
(b)
The competency, character, integrity, responsibility, and general fitness of the management and administration.
(c)
Financial stability.
(d)
Whether claims were promptly and fairly adjusted and are promptly and fully paid in accordance with the law and the terms of the plan.
(e)
Fairness and honesty of methods of doing business.
(f)
Hazard to covered employees or creditors.