Cal. INS § 1996
This is the official text of Cal. INS § 1996, part of California’s Insurance Code — regulates insurance companies and the insurance policies sold in California.
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Official statutory text
In marine insurance, where an insured has a demand against others for contribution, he may claim the whole loss from the insurer, subrogating the insurer to the insured’s right to contribution. But no such claim can be made upon the insurer after the separation of the interests liable to contribution, nor after the insured, having the right and opportunity to enforce contribution from others, neglects or waives the exercise of that right.
Status: in_force · Read it on the official government site
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