Chapter 13. INSURANCE HOLDING COMPANY SYSTEMS
29 sections · 33-13-1 to 33-13-41
Article 1. GENERAL PROVISIONS
- 33-13-1Definitions.
- 33-13-2Acquisition or organization of subsidiaries by domestic insurers; conduct of business by subsidiaries; investment by insurers in securities of subsidiaries.
- 33-13-3Acquisition of control of or merger with domestic insurer.
- 33-13-3.1Acquisition of insurer; effect on competition.
- 33-13-4Registration of insurers belonging to holding company systems.
- 33-13-5Standards governing transactions by registered insurers with affiliates generally; extraordinary distributions; adequacy of surplus.
- 33-13-6Powers of Commissioner to examine insurers; access to books and records; use of experts and consultants; payment of expenses; compelling production.
- 33-13-7Power of Commissioner to participate in supervisory college; payment of expenses associated with participation in supervisory college.
- 33-13-7.1Supervisors for internationally active insurance group; activities of supervisors; cooperation; entering into agreements; obtaining documentation; regulatory authority; payment of expenses.
- 33-13-8Confidentiality of information and documents obtained during examinations or investigations; sharing certain information; not delegation of regulatory authority or rule making; responsibility for enforcement.
- 33-13-9Rules and regulations and orders.
- 33-13-10Injunctions; seizure or sequestration of voting securities.
- 33-13-11Violations of this article.
- 33-13-12Receivership.
- 33-13-13Revocation, suspension, or nonrenewal of license or authority to do business.
- 33-13-14Recovery by receiver of distributions paid in event of liquidation, rehabilitation, or conservation of insurer.
- 33-13-15Aggrieved persons; appeal of actions of Commissioner; mandamus.
Article 2. OWN RISK AND SOLVENCY ASSESSMENT REPORT
- 33-13-30Confidential and sensitive information within Own Risk and Solvency Assessment Summary Report; legislative intent.
- 33-13-31Purpose.
- 33-13-32Definitions.
- 33-13-33Maintenance of risk management framework.
- 33-13-34Required conduct of ORSA.
- 33-13-35Submission of ORSA Summary Report.
- 33-13-36Exemption.
- 33-13-37Preparation of report; review and use.
- 33-13-38Confidentiality and protection.
- 33-13-39Penalty for noncompliance.
- 33-13-40Severability.
- 33-13-41Effective date for compliance.