Department Takes Enforcement Action Against Bail Surety to Protect Californians From Discrimination
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After conducting a regularly scheduled market conduct examination, the department found that Seaview lacked specific guidelines for collateral requirements and lacked specific guidelines for down payment of bond premium and payment plans. By not maintaining objective, specific eligibility guidelines, Seaview is allegedly in violation of the California Insurance Code and the California Code of Regulation. This alleged violation results in an inability for applicants to receive equal access to a bail bond creating the presumption that Seaview has applied rates that were excessive, inadequate and/or unfairly discriminatory.
This Notice of Noncompliance requires Seaview to correct its violations and provide proof of a system wide correction within 10 days. If the company fails to do so, CDI will set a public hearing that may result in penalties or corrective action deemed appropriate by the insurance commissioner.
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