1. (a) Requirements for statements of actuarial opinion that are to be submitted in accordance with Section 10489.15 of the Insurance Code, and for memoranda in support thereof;
2. (b) Rules applicable to the appointment of an appointed actuary; and
3. (c) Guidance as to the meaning of “adequacy of reserves.”

The purpose of this regulation is to prescribe:

Note: Authority cited: Section 10489.15, Insurance Code. Reference: Section 10489.15, Insurance Code.

History

1. New article and section filed 12-6-94; operative 1-5-95 (Register 94, No. 49).

2. Amendment filed 12-27-2004; operative 1-1-2005 pursuant to Government Code section 11343.4 (Register 2004, No. 53).