§ 56-11-205. Submission of Orsa Summary Report
Upon the commissioner’s request, and no more than once each year, an insurer or health maintenance organization shall submit to the commissioner an ORSA Summary Report or any combination of reports that together contain the information described in the ORSA Guidance Manual, applicable to the insurer, health maintenance organization or the insurance group of which […]
§ 56-11-206. Exemptions From Requirements of Part — Request for Waiver — Time Limitation for Compliance When Exemption Ceases to Apply
An insurer or health maintenance organization shall be exempt from the requirements of this part, if: The insurer or health maintenance organization has annual direct written and unaffiliated assumed premium, including international direct and assumed premium but excluding premiums reinsured with the Federal Crop Insurance Corporation and Federal Flood Program (7 U.S.C. § 1503), less […]
§ 56-11-110. Injunctions — Prohibited Voting of Securities — Sequestration of Voting Securities
Injunctions. Whenever it appears to the commissioner that any insurer or health maintenance organization, or any director, officer, employee or agent thereof, has committed or is about to commit a violation of this part or of any rule, regulation, or order issued by the commissioner under this part, the commissioner may apply to the chancery […]
§ 56-11-111. Penalties — Injunctions
Any insurer or health maintenance organization failing, without just cause, to file any registration statement as required in this part shall be required, after notice and hearing, to pay a penalty of one hundred dollars ($100) for each day’s delay, to be recovered by the commissioner, and the penalty so recovered shall be paid into […]
§ 56-11-112. Assumption of Control by Commissioner — Insolvency
Whenever it appears to the commissioner that any person has committed a violation of this part that so impairs the financial condition of a domestic insurer or of a health maintenance organization as to threaten insolvency or make the further transaction of business by it hazardous to its policyholders, enrollees, providers, creditors, shareholders or the […]
§ 56-11-113. Order of Liquidation or Rehabilitation — Recovery by Receivers
If an order for liquidation or rehabilitation of a domestic insurer or health maintenance organization has been entered, the receiver appointed under the order shall have a right to recover on behalf of the insurer or health maintenance organization: From any parent corporation or holding company or person or affiliate who otherwise controlled the insurer […]
§ 56-11-114. Suspension, Revocation or Refusal to Renew License
Whenever it appears to the commissioner that any person has committed a violation of this part which makes the continued operation of an insurer or health maintenance organization contrary to the interests of policyholders, enrollees, providers or the public, the commissioner may, after giving notice and an opportunity to be heard, determine to suspend, revoke […]
§ 56-11-115. Appeal of Commissioner’s Action
Any person aggrieved by an act, determination, rule, regulation, order, or any other action of the commissioner pursuant to this part may appeal as set forth in the Uniform Administrative Procedures Act, compiled in title 4, chapter 5.
§ 56-11-116. Supervisory Colleges
Power of Commissioner. With respect to any insurer or health maintenance organization registered under § 56-11-105, and in accordance with subsection (c), the commissioner shall also have the power to participate in a supervisory college for any domestic insurer or health maintenance organization that is part of an insurance holding company system with international operations […]
§ 56-11-117. Foreign Insurers or Health Maintenance Organizations
Solely for purposes of this part, a foreign insurer or foreign health maintenance organization that participates in the TennCare program under Title XIX of the Social Security Act (42 U.S.C. § 1396 et seq.), or any successor to the TennCare program is deemed to be a domestic insurer, and shall comply with any provisions of […]