DIVISION 2. CLASSES OF INSURANCE 1880-12880.6›PART 3. LIABILITY, WORKERS' COMPENSATION, AND COMMON CARRIER LIABILITY INSURANCE 11550-11895›CHAPTER 3. Regulation of Business of Workers’ Compensation Insurance 11690-11761›ARTICLE 1. Deposits by Workers’ Compensation Insurers 11690-11703

§ 11696

California Insurance Code · 2020-11 edition · updated 2026-10-04 · California

In the event an insurer not in a delinquency proceeding fails to pay any compensable workers’ compensation claim against it, or fails to pay, to the extent of its liability as a reinsurer, any compensable workers’ compensation claim covered by a policy wholly or partly reinsured by it, the commissioner shall use the proceeds of the deposit required pursuant to Section 11691 to pay all those compensable workers’ compensation claims and related expenses as described in Section 11698.02.

(Added by Stats. 2002, Ch. 899, Sec. 2. Effective January 1, 2003.)

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California Insurance Code

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