California Law (Last Updated: March 4, 2014) |
Insurance Code - INS |
Division 1. GENERAL RULES GOVERNING INSURANCE |
Part 1. THE CONTRACT |
Chapter 10. Cancellation or Failure to Renew |
Section 663.5.
Latest version.
-
(a) No insurer shall fail to renew a policy solely on the basis of the age of the insured.
(b) On and after January 1, 2000, no insurer shall fail to renew a policy solely on the grounds that a claim is pending under the policy. This subdivision shall not be construed to limit an insurer's ability to nonrenew a policy based upon a directive from the commissioner for solvency or other financially related issues. This subdivision shall not be construed to limit an insurer's right to cancel a policy pursuant to Section 676.
(Amended by Stats. 1999, Ch. 313, Sec. 1. Effective January 1, 2000.)