Cal. INS § 10232.6
This is the official text of Cal. INS § 10232.6, part of California’s Insurance Code — regulates insurance companies and the insurance policies sold in California.
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Official statutory text
The commissioner may adopt regulations establishing loss ratio standards for long-term care insurance policies provided that a specific reference to long-term care insurance policies is contained in the regulation. Any regulations adopted by the commissioner shall substantially reflect the loss ratio standards contained in Section 10 of the National Association of Insurance Commissioners Long-Term Care Insurance Model Regulations, as most recently revised.
Status: in_force · Read it on the official government site
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