The COVID Project
The record
- Jurisdiction
- California
- Level
- Sector regulator
- Authority
- Cal. Ins. Code 1861.01, 1861.05, 12921
- Issued
- 2021-03-11 Mar. 11, 2021
- Effective
- 2021-03-11 (directs additional relief from March 2020 forward) (read as 2021-03-11)
- End
- reporting and relief directives continuing through 2021 (the California State file (CA-048) records '2021') (read as 2021-09-30)
- In force
- Mar. 11, 2021 to Sept. 30, 2021
- Quarters
- 2021 Q12021 Q22021 Q3
2020 Q22020 Q32020 Q42021 Q12021 Q22021 Q3
- Limitation types
- Other
- Addressees
- all admitted and nonadmitted property and casualty and workers' compensation insurers
- Functions reached
- IN (continuing premium-return and reporting duties in 2021)
- CB
- Collection
- Financial Services SEC-13
Operative words
This Bulletin 2021-03... directs insurance companies to take the following actions: Do more to return additional premium relief from March 2020 forward, and report these additional premium returns to the Department, commensurate with continuing reductions in the exposure to loss for particular lines of insurance. Communicate with their policyholders about how they will return premiums... To date, private passenger automobile insurance companies have returned more than $1.75 billion in premium for 2020 to California drivers
Enforcement
Order of the Commissioner; reporting directives
Notes
Same instrument as CA-048. Its recital ties the 2020 refunds to 'the statewide and local public health stay-at-home orders'.