Bulletin 2020-3

The record

Jurisdiction

California

Level

Sector regulator

Authority

Cal. Ins. Code 1861.01, 1861.05, 12921 (as recited by the ST-UTILITIES-HOUSING-AG agency file, Ex. AGY-ST-UTILITIES-HOUSING-AG-073)

Issued

2020-04-13 Apr. 13, 2020

Effective

2020-04-13; refunds due no later than 120 days after the bulletin (Aug. 11, 2020) (read as 2020-04-13)

End

extended by Bulletin 2020-4 (May 15, 2020), Bulletin 2020-8 (Dec. 3, 2020) and Bulletin 2021-03 (Mar. 11, 2021) for as long as exposure remained reduced (read as 2020-09-30)

In force

Apr. 13, 2020 to Sept. 30, 2020

Quarters

2020 Q22020 Q3

2020 Q22020 Q32020 Q42021 Q12021 Q22021 Q3

Limitation types

Other

Addressees

• all property and casualty insurers and workers' compensation insurers admitted in California

Functions reached

• IN (premium refunds ordered across seven lines; rating, billing and reporting functions changed)
• CB

Collection

Financial Services SEC-13

Operative words

Commissioner Lara hereby orders insurers to make an initial premium refund for the months of March and April to all adversely impacted California policyholders in the following lines of insurance, as quickly as practicable, but in any event no later than 120 days after the date of this Bulletin: Private passenger automobile insurance; Commercial automobile insurance; Workers' compensation insurance; Commercial multiple peril insurance; Commercial liability insurance; Medical malpractice insurance; Any other line of coverage where the measures of risk have become substantially overstated as a result of the pandemic.

Enforcement

Notes