Section 12340.8 Of Article 1. Definitions From California Insurance Code >> Division 2. >> Part 6. >> Chapter 1. >> Article 1.
12340.8
. "Advisory organization" means every person or entity
(other than a title insurer, underwritten title company, or
controlled escrow company) which recommends or prepares policy forms
or endorsements, or procedural manuals (but not including the making
of rates, rating plans, or rating systems), or which collects and
furnishes to its members or insurance supervisory officials loss and
expense statistics or other statistical information and data relating
to the business of title insurance and who otherwise acts in an
advisory, as distinguished from a ratemaking, capacity. No duly
authorized attorney at law acting in the usual course of his
profession nor any entity engaging in the above activity on a
nationwide basis shall be deemed to be an advisory organization.