California Code, Insurance Code - INS § 4032
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The commissioner shall disapprove any such contract if he finds that it:
(a) Subjects the insurer to excessive charges; or
(b) Is to extend for an unreasonable length of time; or
(c) Does not contain fair and adequate standards of performance; or
(d) Contains other inequitable provisions or provisions which impair the proper interests of policyholders of the insurer.
Cite this article: FindLaw.com - California Code, Insurance Code - INS § 4032 - last updated January 01, 2023 | https://codes.findlaw.com/ca/insurance-code/ins-sect-4032/
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