CA AB2710

Allows CIGA to collect premium payments from member insurers for administrative expenses and covered claims without requiring an insurer to first become insolvent.

Permits CIGA to pursue unpaid reimbursements owed by employers under workers' compensation insurance policies with deductibles when employers were obligated to reimburse for benefits payments from special deposits or CIGA funds.

For premium charges paid before January 1, 2017, maintains existing requirement that CIGA refund credits to member insurers from adjusted premium calculations; for charges on or after January 1, 2017, simplifies premium calculations based on net direct written premium without adjustment refunds.

Eliminates requirement that deferred premium charges be credited against future premium charges to companies receiving larger charges due to deferment.

Requires member insurers to recoup premium charges from insureds in the year following the charge through surcharges, with insurers choosing to omit surcharges becoming ineligible for reimbursement from CIGA for collection shortfalls (effective January 1, 2017).