Reporting Developments Affecting the Insurance and Reinsurance Industries

 

Revised California Reinsurance Regulations Allow California Domestics to Cede 100% of Business to Affiliates and Intercompany Pools

California’s reinsurance regulations (Cal. Code Regs. tit. 10, §§ 2303 – 2303.29) were amended effective the first of this year. The revisions included changes to update the regulations to comport with current law and current Department of Insurance practice.

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