31A-27-501. Title — Construction — Commissioner’s powers. (1) This chapter is known as the “Delinquency Administrative Action Provisions.” (2) The proceedings authorized by this part may be applied to: (a) all insurers and reinsurers: (i) who are doing, or have done, an insurance business in this state; and (ii) against whom claims arising from that […]
31A-27-503. Commissioner’s administrative actions. (1) (a) The commissioner may take an action described in Subsection (1)(b) whenever the commissioner has reasonable cause to believe, and determines after a hearing that an insurer: (i) has committed or engaged in an act, practice, or transaction that would subject the insurer to a formal delinquency proceeding under Chapter […]
31A-27-504. Conduct of hearings. (1) The commissioner shall hold a hearing conducted under Section 31A-27-503 privately unless the insurer requests a public hearing. (2) All records of the insurer, other documents, and all department files and papers, so far as they pertain to or are a part of the record of a hearing conducted under […]
