Title

Insurance Rating Bureaus

Secretary of State No.

1920-i-2

Description

INSURANCE RATING BUREAUS. Initiative Act. Prohibits agreements controlling rates for certain kinds of insurance and discrimination because of business methods or insurance board affiliation; provides for organization, membership and conduct of rating bureaus, each under direction of a chief examiner, for promulgating rates, listing same with Insurance Commissioner, vesting latter with supervisory powers thereover subject to judicial review; requires insurance company, before doing business, to file with Insurance Commissioner rate schedule or acceptance of schedule of bureau of which it is member; authorizes investigations by Insurance Commissioner and revocation of licenses for violations of act, and prescribes other penalties.

Date

7-31-1920

Document Type

Initiative

Qualified

Failed to Qualify

Recommended Citation

Insurance Rating Bureaus California Initiative 1920-i-2 (1920).
https://repository.uclawsf.edu/ca_ballot_inits/33