{"data":{"id":"us-ca/ins-11732","jurisdiction":"us-ca","citation":"INS § 11732","heading":"","body":"Rates shall be adequate to cover an insurer’s losses and expenses. Rates shall not tend to create a monopoly in the market. For the purpose of this section, the rates of any individual insurer, other than the State Compensation Insurance Fund, are presumed to create a monopoly in the market if the insurer has a market share, based on a percentage of statewide workers’ compensation premium, equivalent to 20 percent or more of the premium written by all insurers other than the State Compensation Insurance Fund.","path":["Insurance Code - INS","DIVISION 2. CLASSES OF INSURANCE [1880. - 12880.8.]","PART 3. LIABILITY, WORKERS' COMPENSATION, AND COMMON CARRIER LIABILITY INSURANCE [11550. - 11895.]","CHAPTER 3. Regulation of Business of Workers’ Compensation Insurance [11690. - 11761.]","ARTICLE 2. State Rate Supervision [11730. - 11742.]"],"source_url":"https://downloads.leginfo.legislature.ca.gov/pubinfo_2025.zip","current_through":"2026-09-13","vintage":"","retrieved_at":"2026-09-14T05:56:33Z","sha256":"71f01cb0c32afbea487cf630e87b9693da64c0a6b864e6c1ddd926f0fe6ff002","source_id":"us-ca","stale":false,"prev":"us-ca/ins-11731","next":"us-ca/ins-11732.5"},"notice":"GroundRules: Original legal text. Not legal advice."}