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California Insurance Code

§ 815

INS § 815Div. 1 · Part 2 · Ch. 1 · Art. 7.5

Statute text

View on leginfo.ca.gov
No insurer shall pay any representative given discretion as to the settlement or adjustment of claims under life or disability policies, whether in direct negotiation with the claimant or in supervision of the person negotiating, a compensation which in any way is contingent upon the amount of settlement of such claims.

Legislative history

Added by Stats. 1949, Ch. 1445.

Source: California Insurance Code § 815 from the California Legislative Information (public record). DecisionDepot is for informational use only and is not legal advice — verify against the official source before relying on this text.