Whenever any person has a cause of action against an insured and such cause is covered by a liability policy, such person, if the insurer is adjudged insolvent, may file a claim in the liquidation proceeding even if the claim is undetermined or unliquidated.
Cal. Ins. Code § 1026
Proceedings in Cases of Insolvency and Delinquency
Applied in 1 court decision — leading case Jones v. Golden Eagle Insurance (2011)
Most recently applied in Jones v. Golden Eagle Insurance (November 2011)
Amended by Stats. 1935, Ch. 291.
Official source: California Legislative Information. Reproduced from public-domain California statutes; confirm against the official source for the current text. Not legal advice.