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Ex. CA-054 Order Primary source read

Notice of May 15, 2020

Notice of Extended Grace Period for Insurance Premium Payments Due to the Disruption Caused by the COVID-19 Pandemic

Insurance Commissioner Ricardo Lara · California (Sector regulator)

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The COVID Project

The record

Jurisdiction
California
Level
Sector regulator
Authority
Ins. Code secs. 12921, 12926
Issued
2020-05-15 May 15, 2020
Effective
2020-05-15
End
2020 (read as 2020-09-30)
In force
May 15, 2020 to Sept. 30, 2020
Quarters
2020 Q22020 Q3
Limitation types
Other
Addressees
  • all admitted and non-admitted insurance companies
  • producers
Functions reached
  • IN
  • SV
Collection
California CA

Operative words

Extends the Commissioner's March 18, 2020 request that insurers provide at least a 60-day grace period for premium payments so that policies are not cancelled for nonpayment.

Enforcement

Request of the regulator

A record of The COVID Project. The instrument's text is the source's; the summary fields are The COVID Project's reading of it. Not legal advice.