California Law (Last Updated: March 4, 2014) |
Insurance Code - INS |
Division 1. GENERAL RULES GOVERNING INSURANCE |
Part 1. THE CONTRACT |
Chapter 11. Cancellation and Failure to Renew Certain Property Insurance |
Section 678.3.
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(a) There shall be no liability on the part of, and no cause of action of any nature shall arise against, any insurer that issues professional liability insurance policies to health care providers or its authorized representatives, agents, or employees, or any licensed insurance agent or broker, for any statement made, unless shown to have been made in bad faith, by any of them in any of the following:
(1) A written notice of nonrenewal, or any other oral or written communication specifying the reasons for nonrenewal of a policy issued to a health care provider.
(2) Any communication providing information pertaining to the nonrenewal.
(3) Evidence submitted at any court proceeding or informal inquiry in which the nonrenewal is an issue.
(b) This section shall apply only to nonrenewals for which written notice is provided by the insurer on or after January 1, 2006.
(c) This section shall remain in effect only until January 1, 2016, and as of that date is repealed, unless a later enacted statute, that is enacted before January 1, 2016, deletes or extends that date.