11/11/2024 | News release | Distributed by Public on 11/11/2024 16:03
California has amended regulations in Title 10 CCR Sections 2643.3, 2644.27, 2648.1, 2648.2, and 2648.4. Among other provisions, the amendments to these sections state that premium variance requests should now be filed with the Rate Regulation Branch at the same time as the complete rate application to which they apply. A complete rate application will be considered received by the Commissioner on the date that all information required as part of a complete rate application has been delivered to the Department's Rate Regulation Branch using the System for Electronic Rate and Form Filing (SERFF). Additionally, the review time for the Commissioner on rate applications has been extended to 30 days. Guidelines for a complete rate application and what to include are also provided.
Please see Title 10 CCR Sections 2643.3, 2644.27, 2648.1, 2648.2, and 2648.4for more information.