The attached letter from Insurance Commissioner John Garamendi and signed by Dennis C. Ward, Chief, Enforcement Division, as Deputy, approves The Surplus Line Association of California ("Association") to act as the surplus line advisory organization to the California Department of Insurance effective March 30, 1994.
Please contact Ilona Bovee at (415) 434-4900 to obtain a copy of the Association's Plan of Operations.
James S. Pugh
Assistant Manager
JSP/imb
Attachment
STATE OF CAUFORNIA JOHN GAPMENDI. Insurance Commissioner DEPARTMENT
OF INSURANCE
45 FREMONT STREET
SAN FRANCISCO, CA 94105
March 30, 1994
The Surplus Line Association of California
388 Market Street
San Francisco, CA 94111
Attn: James C. Widgren Chairman
Re: AB 865 - Surplus Line Advisory Organization
Dear Mr. Widgren:
Pursuant to Section 1780.55 of the California Insurance Code, the commissioner has made the following determination:
1. The Surplus Line Association of California (SLA) has the qualifications identified in §1780.54 (a) to act as the surplus line advisory organization;
2. the SLA's proposed plan of operation dated March 28, 1994, attached hereto as Exhibit A, is approved; and
3. the commissioner hereby delegates to the SLA each of the proposed duties identified in the a proved plan of operation. The approvals and delegated authorities as set forth above are effective immediately.
The Department of Insurance looks forward to establishing an effective working
relationship with the SLA that will serve to safeguard the public interest. Very truly
yours,
JOHN GARAMENDI
Insurance Commissioner
DENNIS C. WARD
Deputy
DCW:gam
attachment
cc: James R. Woods
LeBoeof, Lamb, Greene & MacRae