§ 731 Foreign Insurer Admission Examination

Insurance Code·California

AI SummaryVerified

This law lets the state commissioner order a review of a foreign insurance company's business when it wants to be allowed to operate in the state.

Key Takeaways

•The commissioner can require an examination when a foreign insurer applies for admission.
•The examination can be done by the insurer's home‑state insurance authority.
•The review is meant to make sure the insurer is financially sound before it can do business here.

Example

A car insurance company from Canada wants to sell policies to drivers in this state.

The commissioner can ask the Canadian insurance regulator to check the company's finances and operations before giving it permission to sell insurance here.

AI-generated — May contain errors. Not legal advice. Always verify source.

Official Source

View on CA.gov

§ 731 Foreign Insurer Admission Examination

Whenever any foreign insurer applies for admission the commissioner may make, or cause to be made by the insurance authority of the State where the insurer is organized, an examination of its insurance business and affairs. (Enacted by Stats. 1935, Ch. 145.)

Last verified: January 11, 2026

Key Terms

insurance commission authority examination

References

Official text at leginfo.legislature.ca.gov
California Legislature. Insurance Code. Section 731.

Key Takeaways

Example

Key Terms

Related Statutes

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Key Takeaways

Example

Key Terms

Related Statutes

References