D.C. Mun. Regs. tit. 26, r. 26-A3758

Current through Register 71, No. 45, November 7, 2024

Rule 26-A3758 - ACQUISITION OF SECTION 4(B) INSURERS

3758.1

If the person being acquired is deemed to be a "domestic insurer" solely because of the provisions of Subsection 4(b) of the Holding Company Act, the name of the domestic insurer on the cover page should be indicated as follows:

"ABC Insurance Company, a subsidiary of XYZ Holding Company".

3758.2

Where a Subsection 4(b) insurer is being acquired, references to the "the insurer" contained in Form A shall refer to both the domestic subsidiary insurer and the person being acquired.

D.C. Mun. Regs. tit. 26, r. 26-A3758

Final Rulemaking published at 59 DCR 13088 (November 16, 2012)

Authority: Section 22 of the Captive Insurance Company Act of 2004, effective March 17, 2005 (D.C. Law 15-262; D.C. Official Code § 31-3931.21 (2011 Repl.)).