Any insurer willfully violating any provision of this article is guilty of a misdemeanor and is punishable by a fine not exceeding one thousand dollars ($1,000) for each violation thereof, or the commissioner may suspend the certificate of authority of such insurer for the remainder of the term thereof.
Cal. Ins. Code § 804
Restrictions on Underwriting
Applied in 1 court decision — leading case Credit Managers Ass'n v. Kennesaw Life & Accident Insurance (1987)
Most recently applied in Credit Managers Ass'n v. Kennesaw Life & Accident Insurance (February 1987)
Amended by Stats. 1983, Ch. 1092, Sec. 180
Official source: California Legislative Information. Reproduced from public-domain California statutes; confirm against the official source for the current text. Not legal advice.