Cal. Code Regs. tit. 10 § 2548.14

Current through Register 2024 Notice Reg. No. 45, November 8, 2024

Section 2548.14 - Provider's Obligation to Notify Insured of Sale of Policy

If the provider transfers ownership or changes the beneficiary of the insurance policy, the provider shall communicate in writing the change in ownership or beneficiary to the insured within 20 days after the change. The written communication shall identify the new owner or beneficiary.

Cal. Code Regs. Tit. 10, § 2548.14

1. New section filed 7-29-2010 as an emergency; operative 7-29-2010. Emergency regulation shall remain in effect, not to be repealed by the Office of Administrative Law, unless repealed by the Department of Insurance pursuant to Insurance Code section 10113.35 (Register 2010, No. 31).
2. Change without regulatory effect amending NOTE filed 1-24-2012 pursuant to section 100, title 1, California Code of Regulations (Register 2012, No. 4).
3. Renumbering of former section 2548.14 to section 2548.15 and renumbering of former section 2548.13 to new section 2548.14 filed 11-25-2014; operative 1-1-2015 (Register 2014, No. 48).

Note: Authority cited: Section 10113.35, Insurance Code; CalFarm Ins. Co. v. Deukmejian, 48 Cal.3d 805 (1989); 20th Century Ins. Co. v. Garamendi, 8 Cal.4th 216 (1994). Reference: Sections 10113.1, 10113.2 and 10113.3, Insurance Code.

1. New section filed 7-29-2010 as an emergency; operative 7-29-2010. Emergency regulation shall remain in effect, not to be repealed by the Office of Administrative Law, unless repealed by the Department of Insurance pursuant to Insurance Code section 10113.35 (Register 2010, No. 31).
2. Change without regulatory effect amending Note filed 1-24-2012 pursuant to section 100, title 1, California Code of Regulations (Register 2012, No. 4).
3. Renumbering of former section 2548.14 to section 2548.15 and renumbering of former section 2548.13 to new section 2548.14 filed 11-25-2014; operative 1/1/2015 (Register 2014, No. 48).