{"id":"CA-048","kind":"order","level":"sector-regulator","jurisdiction":"California","state":"CA","metro":"","industry":"","agency":"","eco":"","issuer":"Insurance Commissioner Ricardo Lara","authority":"Ins. Code secs. 1861.01, 1861.05, 12921","instrument":"Bulletin 2021-03","title":"Premium Refunds, Credits, and Reductions in Response to COVID-19 Pandemic (March 11, 2021)","dateIssued":"2021-03-11","effective":"2021-03-11","end":"2021","startDate":"2021-03-11","endDate":"2021-06-30","quarters":["2021Q1","2021Q2"],"types":["OTHER"],"addressees":["all admitted and nonadmitted property and casualty and workers\u0027 compensation insurers"],"clause":"\u0027The public health stay-at-home orders and the resulting decrease in economic activity\u0027 continue to warrant premium refunds; insurers directed to continue refunds for 2020 and 2021 and to report.","enforcement":"Ins. Code sec. 1861.05","functions":["IN"],"notes":"The regulator\u0027s finding, in March 2021, that the orders were still depressing commerce.","sourceUrl":"https://www.insurance.ca.gov/0250-insurers/0300-insurers/0200-bulletins/bulletin-notices-commiss-opinion/upload/Bulletin-2021-03-Premium-Refunds-Credits-and-Reductions-in-Response-to-COVID-19-Pandemic.pdf","snapshot":"","fileExists":true,"fileBytes":353155,"grade":"primary","character":"","description":"","collection":"CA","url":"/library/CA-048","exhibitUrl":"/exhibit/CA-048","citation":"Insurance Commissioner Ricardo Lara, Bulletin 2021-03 (Mar. 11, 2021) (Ex. CA-048)","stateName":"California","related":["SEC-13-061","CA-045"]}