Section 375.1270 – Foreign insurers to submit RBC report to director, when — plan, submission of, when — powers of director.
Effective – 28 Aug 2014 375.1270. Foreign insurers to submit RBC report to director, when — plan, submission of, when — powers of director. — 1. Any foreign insurer or foreign health organization shall, upon the written request of the director, submit to the director an RBC report as of the end of the calendar […]
Section 375.1272 – Notices, effective when.
Effective – 28 Aug 2014 375.1272. Notices, effective when. — All notices by the director to an insurer or health organization which may result in regulatory action under sections 375.1250 to 375.1275 shall be effective upon dispatch if transmitted by registered or certified mail, or in the case of any other transmission shall be effective […]
Section 375.1275 – RBC reports for calendar year 1993, requirements — RBC reports for 1996, requirements — not applicable, when — 2014 filings for health organizations.
Effective – 28 Aug 2014 375.1275. RBC reports for calendar year 1993, requirements — RBC reports for 1996, requirements — not applicable, when — 2014 filings for health organizations. — 1. For RBC reports required to be filed by life and health insurers with respect to 1993, the following requirements shall apply in lieu of […]
Section 375.1280 – Scope of law.
Effective – 28 Aug 1993 375.1280. Scope of law. — Sections 375.1280 to 375.1295 provide for the regulation of the transfer and novation of contracts of insurance by way of assumption reinsurance. It defines assumption reinsurance and establishes notice and disclosure requirements which protect and define the rights and obligations of policyholders, regulators and the […]
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 […]
Section 375.1260 – Authorized control level event, occurrence of, when — effect, duties of director.
Effective – 28 Aug 2014 375.1260. Authorized control level event, occurrence of, when — effect, duties of director. — 1. “Authorized control level event” means any of the following events: (1) The filing of an RBC report by the insurer or health organization which indicates that the insurer’s or health organization’s total adjusted capital is […]
Section 375.1262 – Mandatory control level event, occurrence of, when — effect, duties of director.
Effective – 28 Aug 2014 375.1262. Mandatory control level event, occurrence of, when — effect, duties of director. — 1. “Mandatory control level event” means, with respect to any insurer or health organization, any of the following events: (1) The filing of an RBC report which indicates that the insurer’s or health organization’s total adjusted […]
Section 375.1265 – Hearing, insurer’s right to, when — procedures — judicial review of order, exceptions.
Effective – 28 Aug 2014 375.1265. Hearing, insurer’s right to, when — procedures — judicial review of order, exceptions. — 1. Upon: (1) Notification to an insurer or health organization by the director of an adjusted RBC report; or (2) Notification to an insurer or health organization by the director that: (a) The insurer’s or […]
Section 375.1267 – Reports and plans confidential — RBC levels are regulatory tool, limitation on use.
Effective – 28 Aug 2014 375.1267. Reports and plans confidential — RBC levels are regulatory tool, limitation on use. — 1. All RBC reports, to the extent the information therein is not required to be set forth in a publicly available annual statement schedule, and RBC plans, including the results or report of any examination […]
Section 375.1236 – Ancillary receiver, director may be appointed as — powers and duties.
Effective – 28 Aug 1992 375.1236. Ancillary receiver, director may be appointed as — powers and duties. — 1. If a domiciliary liquidator has been appointed for an insurer not domiciled in this state, the director may file a petition with the circuit court of Cole County requesting appointment as ancillary receiver in this state: […]