Section 934 Of Article 10.5. National Association Of Insurance Commissioners From California Insurance Code >> Division 1. >> Part 2. >> Chapter 1. >> Article 10.5.

. The commissioner may suspend, revoke, or refuse to renew the certificate of authority of any insurer failing to file its annual or quarterly statement with the National Association of Insurance Commissioners when due or within any extension of time which the commissioner, for good cause, may grant.