La. Admin. Code tit. 37 § XIII-113

Current through Register Vol. 50, No. 6, June 20, 2024
Section XIII-113 - Acquisition of Section 691.4(A)(4) Insurers
A. If the person being acquired is deemed to be a domestic insurer solely because of the provisions of R.S. 22:691.4(A)(4), the name of the domestic insurer on the cover page should be indicated as follows:
1. "ABC Insurance Company, a subsidiary of XYZ Holding Company".
B. Where an R.S. 22:691.4(A)(4) insurer is being acquired, references to "the insurer" contained in form A shall refer to both the domestic subsidiary insurer and the person being acquired.

La. Admin. Code tit. 37, § XIII-113

Promulgated by the Department of Insurance, Commissioner of Insurance, LR 18:274 (March 1992), amended LR 19:501 (April 1993), Amended by the Office of the Commissioner, LR 411296 (7/1/2015).
AUTHORITY NOTE: Promulgated in accordance with R.S. 22:691.1-691.27.