§ 1861.11
68 words·~1 min read·
/ca/insurance-code/1861-11A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
Emergency Authority. In the event that the commissioner finds that
(a)insurers have substantially withdrawn from any insurance market covered by this article, including insurance described by Section 660, and
(b)a market assistance plan would not be sufficient to make insurance available, the commissioner shall establish a joint underwriting authority in the manner set forth by Section 11891, without the prior creation of a market assistance plan.