Section 375.1290 – Policyholder’s right to reject, procedures — second and third notices, when — response deemed received, when.
Effective – 28 Aug 1993 375.1290. Policyholder’s right to reject, procedures — second and third notices, when — response deemed received, when. — 1. Every policyholder shall have the right to reject the transfer and novation of their contract of insurance. Policyholders electing to reject the assumption transaction shall return to the transferring insurer the […]
Section 375.1292 – Consent to transfer, effect.
Effective – 28 Aug 1993 375.1292. Consent to transfer, effect. — If a policyholder consents to the transfer pursuant to section 375.1290, or if the transfer is effected under section 375.1294, there shall be a novation of the contract of insurance subject to the assumption reinsurance agreement with the result that the transferring insurer shall […]
Section 375.1294 – Hazardous financial condition of transferring insurer, automatic transfer, when.
Effective – 28 Aug 1993 375.1294. Hazardous financial condition of transferring insurer, automatic transfer, when. — If an insurer domiciled in this state or in a jurisdiction not having a substantially similar law is deemed by the director to be in hazardous financial condition, or if an administrative or judicial proceeding has been instituted against […]
Section 375.1295 – Effective date — application dates.
Effective – 28 Aug 1993 375.1295. Effective date — application dates. — 1. Sections 375.1280 to 375.1295 shall apply to all assumption reinsurance agreements entered into on or after August 28, 1993. 2. Any person who prior to August 28, 1993, committed any act punishable under subsection 10 of section 375.241 may be punished under […]
Section 375.1300 – Definitions.
Effective – 28 Aug 1998 375.1300. Definitions. — When used in sections 375.1300 to 375.1312, the following terms mean: (1) “Consultant”, an individual, partnership or corporation who, for a fee, holds himself or itself out to the public as engaged in the business of offering any advice, counsel, opinion or service with respect to the […]
Section 375.1303 – Genetic testing by insurer, limitations — penalty — health plan, defined.
Effective – 28 Aug 1998 375.1303. Genetic testing by insurer, limitations — penalty — health plan, defined. — 1. Any insurer, in determining eligibility for coverage, establishing premiums, limiting coverage, renewing coverage or any other underwriting decision, shall not, in connection with the offer, sale or renewal of a health plan: (1) Require or request […]
Section 375.1306 – Genetic information, prohibited uses by employers — penalty for violation.
Effective – 28 Aug 2007 375.1306. Genetic information, prohibited uses by employers — penalty for violation. — 1. An employer shall not use any genetic information or genetic test results, as those terms are defined in subdivisions (3) and (4) of section 375.1300, of an employee or prospective employee to distinguish between, discriminate against, or […]
Section 375.1282 – Application of law — not applicable, when.
Effective – 28 Aug 1993 375.1282. Application of law — not applicable, when. — 1. Sections 375.1280 to 375.1295 apply to any insurer authorized in this state which either assumes or transfers the obligations or risks on contracts of insurance owned by policyholders pursuant to an assumption reinsurance agreement. 2. Sections 375.1280 to 375.1295 do […]
Section 375.1285 – Definitions.
Effective – 28 Aug 1993 375.1285. Definitions. — As used in sections 375.1280 to 375.1295, the following terms mean: (1) “Assuming insurer”, the insurer which acquires an insurance obligation or risk from the transferring insurer pursuant to an assumption reinsurance agreement; (2) “Assumption reinsurance agreement”, any contract which both: (a) Transfers insurance obligations or risks […]
Section 375.1257 – Regulatory action level event, occurrence of, when — director’s duties, corrective actions — plan to be submitted by insurer — or health organization.
Effective – 28 Aug 2014 375.1257. Regulatory action level event, occurrence of, when — director’s duties, corrective actions — plan to be submitted by insurer — or health organization. — 1. “Regulatory action level event” means, with respect to any insurer or health organization, any of the following events: (1) The filing of an RBC […]