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State statute · California

Chs. 1 (Surety Insurers), 2 (Other Casualty Insurers) and 3 (Legal Insurance), each complete

California Insurance Code, Division 2 Part 4 -- Miscellaneous Casualty Insurances, Secs. 12050-12129

Publisher
California Legislative Counsel
Edition
California Insurance Code, current official text on California Legislative Information...
Last checked
2026-09-17
Status
US state statute
Edition and licensing notes

Publisher. California Legislative Counsel (leginfo.legislature.ca.gov)

Edition. California Insurance Code, current official text on California Legislative Information, the Legislative Counsel of California. The publisher prints no edition or currency statement on the code display pages themselves; the site states it publishes the code as amended and in effect.

Status. US state statute; public domain.

Read the official textPractice questions from this source

What this document is

California Insurance Code, Division 2 Part 4 -- Miscellaneous Casualty Insurances: chs. 1 (Surety Insurers), 2 (Other Casualty Insurers) and 3 (Legal Insurance), each complete (Secs. 12050-12129) is a state statute published by California Legislative Counsel (leginfo.legislature.ca.gov). It is one of the California documents that insurance license exam questions are written from, including california property & casualty practice questions. This page summarizes it and points to the official version, which is the text to rely on.

Sections cited in practice questions

Each practice answer shows the exact passage it comes from. These are sections of this document that questions cite, with a short excerpt from the source text.

  • Cal. Ins. Code § 12090(a) (Limitation on liability on a single undertaking)
    “An admitted surety insurer shall not become surety on any one undertaking, or accept reinsurance on such undertaking, when its liability thereon, in excess of the amount reinsured by it in an admitted insurer, amounts to more than ten percent of its capital and surplus as shown by its last...”
  • Cal. Ins. Code § 12095 (Nondiscrimination in contractor's bonds)
    “No insurer admitted in this state to issue surety insurance shall fail or refuse to accept an application for a contractor’s license or performance bond, or to issue such a bond to an applicant therefor, or refuse or cancel such a bond, under conditions less favorable to the obligor than in other...”
  • Cal. Ins. Code § 12093 (Cancellation of employee coverage under blanket fidelity bond; statement of grounds)
    “Whenever a surety insurer gives notice of cancellation of the coverage of an employee under a blanket fidelity bond, upon the request of the employee, the surety insurer, within 10 days of the request, shall furnish to the employee a statement setting forth the ground or grounds upon which the...”
  • Cal. Ins. Code § 12092 (Surety insurer financial deficiency; cure period, publication, and business prohibition)
    “Whenever such an insurer fails to maintain the financial condition required by section 12091, the commissioner shall require the deficiency to be made up in sixty days. If it is not made up as required, he shall issue a certificate showing the extent of such deficiency. He shall publish the...”
  • Cal. Ins. Code § 12096(a) (Surety bond discrimination complaint; commissioner's discretion to set a hearing)
    “Any applicant for a contractor’s license or performance bond who believes that the admitted surety insurer, regularly issuing such bonds, to whom he has applied did not comply with Section 12095, may file a complaint in writing with the commissioner. If the commissioner finds that there is...”
  • Cal. Ins. Code § 12127(c) (Group legal insurance; certificate requirement, one per family unit)
    “No policy of group legal insurance may be delivered or issued for delivery in this state unless it contains a provision that the insurer shall issue to the person in whose name the policy is issued, for delivery to each member of the insured group, a certificate setting forth in a summary form a...”

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California Property & Casualty practice test

Questions about this source

California Insurance Code, Division 2 Part 4 -- Miscellaneous Casualty Insurances: chs. 1 (Surety Insurers), 2 (Other Casualty Insurers) and 3 (Legal Insurance), each complete (Secs. 12050-12129) is a state statute published by California Legislative Counsel (leginfo.legislature.ca.gov). Edition: California Insurance Code, current official text on California Legislative Information, the Legislative Counsel of California. The publisher prints no edition or currency statement on the code display pages themselves; the site states it publishes the code as amended and in effect..

No. This page summarizes the document and links to the official version. Always rely on the text published by California Legislative Counsel (leginfo.legislature.ca.gov) for the current law.

Practice questions for California Property & Casualty cite this document.

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