California Law (Last Updated: March 4, 2014) |
Insurance Code - INS |
Division 1. GENERAL RULES GOVERNING INSURANCE |
Part 2. THE BUSINESS OF INSURANCE |
Chapter 1. General Regulations |
ARTICLE 5.1. Unlawful Practices |
Section 758.6.
Latest version.
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Insurers shall not engage in capping. For the purposes of this section, "capping" means offering or paying an amount that is unrelated to a methodology used in determining paint and materials charges that is accepted by automobile repair shops and insurers.
(Added by Stats. 2008, Ch. 526, Sec. 2. Effective January 1, 2009.)