SECTIONS 930-934 - California Statutes

INSURANCE CODE

SECTION 930-934

930. The provisions of this article shall apply to all domestic,
foreign, and alien insurers doing business in this state.

931. (a) Each domestic, foreign, and alien insurer doing business
in this state shall annually, on or before the first day of March of
each year, file with the National Association of Insurance
Commissioners a copy of its annual statement convention blank, along
with any additional filings as prescribed by the commissioner for the
preceding year. The information filed with the National Association
of Insurance Commissioners shall be in the same format and scope as
that required by the commissioner and shall include the signed jurat
page and the actuarial certification. Any amendments and addendums to
the annual statement filing subsequently filed with the commissioner
shall also be filed with the National Association of Insurance
Commissioners.
(b) Each year, on or before the following dates, every domestic,
foreign, and alien insurer doing business in this state shall make
and file with the National Association of Insurance Commissioners, in
the number, form, and methods prescribed by the commissioner, a copy
of the quarterly statements exhibiting its condition and affairs for
the period beginning on January 1 of the current calendar year
through the end of each quarter of the current year as described
below. These quarterly filings shall cover the period of time
beginning January 1 of the current year through and including the
last day of the quarter for which the report is being made. The first
quarter filing shall be filed on or before May 15th of every year.
The second quarter filing shall be filed on or before August 15th of
every year. The third quarter filing shall be filed on or before
November 15th of every year. If any of these dates fall on a day
other than a business day, then the filing is due to the National
Association of Insurance Commissioners by the first business day
preceding that date. The information filed with the National
Association of Insurance Commissioners shall include a jurat page. A
copy of any amendments and addendums to the quarterly statement
filings subsequently filed with the commissioner shall also be filed
with the National Association of Insurance Commissioners.
(c) Foreign insurers that are domiciled in a state which has a law
substantially similar to subdivision (a) of this section shall be
deemed in compliance with this section.

932. In the absence of actual malice, members of the National
Association of Insurance Commissioners, their duly authorized
committees, subcommittees, and task forces, their delegates, National
Association of Insurance Commissioners' employees, and all others
charged with the responsibility of collecting, reviewing, analyzing,
and disseminating the information developed from the filing of the
annual statement convention blanks shall be acting as agents of the
commissioner under the authority of this article and shall not be
subject to civil liability for libel, slander, or any other cause of
action by virtue of their collection, review, and analysis or
dissemination of the data and information collected from the filings
required herein.

933. All financial analysis ratios and examination synopses
concerning insurers that are submitted to the department by the
National Association of Insurance Commissioners' Insurance Regulatory
Information System are confidential and may not be disclosed by the
department.

934. The commissioner may suspend, revoke, or refuse to renew the
certificate of authority of any insurer failing to file its annual or
quarterly statement with the National Association of Insurance
Commissioners when due or within any extension of time which the
commissioner, for good cause, may grant.