DIVISION 1. GENERAL RULES GOVERNING INSURANCE 100-1879.8›PART 2. THE BUSINESS OF INSURANCE 680-1879.8›CHAPTER 1. General Regulations 680-1113›ARTICLE 14.25. Insurance Assessment Bond Fund 1063.50-1063.68
§ 1063.51
California Insurance Code · 2020-11 edition · updated 2026-10-04 · California
(a) The terms “member insurer,” “insolvent insurer,” and “covered claims” have the meanings assigned those terms in Section 1063.1.
(b) “CIGA” means the California Insurance Guarantee Association, established pursuant to Article 14.2 (commencing with Section 1063).
(c) “Commissioner” means the Insurance Commissioner.
(d) “Board” means the board of governors of CIGA.
(e) “Department” means the Department of Insurance.
(f) “Insurance Assessment Bond Fund” is the fund created pursuant to Section 1063.52.
(g) “Insurance assessments” means the premiums collected by the department or by CIGA pursuant to Section 1063.5, 1063.53, or 1063.54.
(Added by Stats. 1996, Ch. 793, Sec. 2. Effective January 1, 1997.)
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