Cal. Code Regs. tit. 10 § 2222.17
If after consideration of all relevant factors the commissioner believes that the benefits provided under an individual hospital, medical or surgical policy are not reasonable in relation to the premium charged, the commissioner shall so inform the insurer in writing. Such notification shall be deemed a confidential communication. The commissioner shall also advise the insurer that the commissioner will, at the commissioner's discretion, commence proceedings for withdrawal of authorization of the form after notice and hearing as provided by law unless, within 31 days from the date of the notification, the insurer commits itself in writing to the commissioner that it will, within 90 days, voluntarily either (1) cease further issuance of the policy form or (2) increase benefits under the policy in relation to the premiums charged in an amount sufficient to bring the policy into compliance with the standards of reasonability provided for in section 2222.12. If the insurer does not commit itself, within 31 days from the date of the notification, to discontinue issuing the policy or increase benefits under the policy in relation to premiums charged, the commissioner may commence proceedings at any time as provided by law for withdrawal of the authorization of the policy form.
Cal. Code Regs. Tit. 10, § 2222.17
Note: Authority cited: Section 10293, Insurance Code. Reference: Section 10293(a), Insurance Code.