Section 11621.1 Of Article 4. Assigned Risk Plans From California Insurance Code >> Division 2. >> Part 3. >> Chapter 1. >> Article 4.
11621.1
. In the event an insurer discontinues writing automobile
liability insurance in this state but retains its license to write
that business, it shall continue to pay plan assessments and receive
plan assignments until its quota or quotas established by its
writings prior to discontinuance of business has or have been filled.
However, if the automobile liability business of an insurer
discontinuing the writing of that business in this state has been
transferred to or reinsured by another insurer, the latter shall
receive and assume the plan assignments and plan assessments of the
insurer discontinuing business, as established by its writings prior
to the transfer or agreement of reinsurance, until its quota or
quotas has or have been filled, unless another insurer is allowed to
assume those obligations.