Earlier editions: 2020-112018-11
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 4.7. Multiple Employer Welfare Arrangements 742.20-742.43
§ 742.25
California Insurance Code · 2026 edition · updated 2026-10-04 · California
In determining the qualification of a multiple employer welfare arrangement, the commissioner will consider, among other things:
(a) The history of the multiple employer welfare arrangement.
(b) The competency, character, integrity, responsibility, and general fitness of the management and administration.
(c) Financial stability.
(d) Whether claims were promptly and fairly adjusted and are promptly and fully paid in accordance with the law and the terms of the plan.
(e) Fairness and honesty of methods of doing business.
(f) Hazard to covered employees or creditors.
(Added by Stats. 1994, Ch. 1082, Sec. 1. Effective January 1, 1995.)
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