Section 1111 Of Article 18. Multiple Insurer Operations From California Insurance Code >> Division 1. >> Part 2. >> Chapter 1. >> Article 18.
1111
. Insurers desiring to issue policies to which this article is
applicable, and to pay commissions to persons who are licensed as
insurance agents, but not as agents for all insurers participating in
the risk, and who are not licensed as insurance brokers, may file
with the commissioner in such form as he may require, a statement of
the plan under which they intend to operate, and a list of the
insurers that will operate under the plan. If the commissioner finds
that the nature of the plan is not such that the interests of the
insuring public will be jeopardized by permitting an agent of one or
more of the insurers to act in a transaction with or for all the
insurers, or for the particular insurer paying the commission without
being licensed as agent for such insurer or as an insurance broker,
he may issue a permit authorizing the operation of the plan by or on
behalf of the insurers listed in the application, and the payment of
commissions pursuant to the plan as approved by the commissioner
shall be lawful.