Credit Insurance General Agents Ass'n v. Payne

Opinion

RICHARDSON, J.

In this case we consider a challenge to the Insurance Commissioner’s authority to issue a regulation, section 2248.14 of title 10 of the California Administrative Code, which limits the amount of commission that may be paid to agents in the sale of credit life and credit disability insurance. We have concluded that the regulation under attack is within the authority of the commissioner.

On or about June 18, 1973, plaintiff Credit Insurance General Agents Association of California, Inc. (hereafter “association”), filed a complaint for declaratory and injunctive relief…