ARTICLE 15.5. Administrative Supervision

Article 15.5 added by Stats. 1991, Ch. 986, Sec. 8.

§§ 1077–1077.95 · 11 sections

• § 1077 As used in this article: (a) “Insurer” means and includes every person engaged as indemnitor, surety, or contractor in the business of entering into contracts…
• § 1077.1 The provisions of the article shall apply to all of the following: (a) All domestic life or disability insurers, except the State Compensation Insurance Fund.…
• § 1077.2 (a) An insurer may be subject to administrative supervision by the commissioner if, upon examination or at any other time it appears in the commissioner’s…
• § 1077.3 (a) Notwithstanding any other provision of law, and except as set forth in this section, proceedings, hearings, notices, correspondence, reports, records, and…
• § 1077.4 During the period of supervision, the commissioner or his or her designated appointee shall serve as the administrative supervisor. The commissioner may…
• § 1077.5 During the period of supervision the insurer may contest an action taken or proposed to be taken by the supervisor specifying the manner wherein the action…
• § 1077.6 Nothing contained in this article shall preclude the commissioner from initiating judicial proceedings to place an insurer in conservation, rehabilitation, or…
• § 1077.7 The commissioner may adopt reasonable rules necessary for the implementation of this article.
• § 1077.8 Notwithstanding any other provision of law, the commissioner may meet with a supervisor appointed under this article and with the attorney or other…
• § 1077.9 There shall be no liability on the part of, and no cause of action of any nature shall arise against, the commissioner or the department or its employees or…
• § 1077.95 The authority granted pursuant to this article is in addition to, and not in lieu of, any other provision of this code.