Section 375.1056 – Report required by insurer, when, contents.
Effective – 01 Jan 2019, 2 histories 375.1056. Report required by insurer, when, contents. — 1. Every insurer required to file an audited financial report under sections 375.1025 to 375.1062 that has annual direct written and assumed premiums, excluding premiums reinsured with the Federal Crop Insurance Corporation and Federal Flood Program, of five hundred million […]
Section 375.1057 – Canadian and British insurers, special requirements.
Effective – 28 Aug 2009 375.1057. Canadian and British insurers, special requirements. — 1. In the case of Canadian and British insurers, the “annual audited financial report” shall be defined as the annual statement of total business on the form filed by such companies with their supervision authority duly audited by an independent chartered accountant. […]
Section 375.1058 – Internal audit function — exemption, when — requirements.
Effective – 01 Jan 2019 375.1058. Internal audit function — exemption, when — requirements. — 1. An insurer is exempt from the requirements of this section if: (1) The insurer 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 […]
Section 375.1060 – Certification filed with annual statement, when — director shall promulgate rules, purpose.
Effective – 28 Aug 1993 375.1060. Certification filed with annual statement, when — director shall promulgate rules, purpose. — 1. Each health services corporation organized pursuant to sections 354.010 to 354.380 shall file with its annual statement required by section 354.105 and section 375.041 a certification by a member in good standing of the American […]
Section 375.1062 – Severability.
Effective – 28 Aug 1991 375.1062. Severability. — If any section or portion of a section of sections 375.1025 to 375.1062 or the applicability thereof to any person or circumstance is held invalid by a court, the remainder of such section or sections or the applicability of such provision to other persons or circumstances shall […]
Section 375.1070 – Inapplicability to certain insurers.
Effective – 28 Aug 2015, 2 histories 375.1070. Inapplicability to certain insurers. — Sections 375.1070 to 375.1078 shall not apply to an insurer organized under chapter 376. ——– (L. 1991 H.B. 385, et al. § 18, A.L. 2007 S.B. 66, A.L. 2015 S.B. 164)
Section 375.1072 – Definitions.
Effective – 28 Aug 2015, 2 histories 375.1072. Definitions. — As used in sections 375.1070 to 375.1078, the following terms mean: (1) “Admitted assets”, the amount thereof as of the last day of the most recently concluded annual statement year, computed in the same manner as admitted assets in section 379.080 for insurers other than […]
Section 375.1074 – Limitation on investments, domestic insurers.
Effective – 28 Aug 2015 375.1074. Limitation on investments, domestic insurers. — Except as otherwise specified by Missouri law, no domestic insurer shall acquire an investment directly or indirectly through an investment subsidiary if, as a result of and after giving effect to the investment, the insurer would hold more than five percent of its […]
Section 375.1075 – Limitations on aggregate of medium or lower quality investments, requirements.
Effective – 28 Aug 2007 375.1075. Limitations on aggregate of medium or lower quality investments, requirements. — 1. No domestic insurer shall acquire, directly or indirectly, any medium or lower quality obligation of any institution if, after giving effect to any such acquisition, the aggregate amount of all medium and lower quality obligations then held […]
Section 375.1047 – Unremediated material weaknesses to be furnished to director, requirements — insurer to communicate remedial actions taken.
Effective – 28 Aug 2009 375.1047. Unremediated material weaknesses to be furnished to director, requirements — insurer to communicate remedial actions taken. — 1. In addition to the annual audited financial report, each insurer shall furnish the director with a written communication as to any unremediated material weaknesses in its internal control over financial reporting […]