Section 39-71-325 - Claim summary and actuarial documentation for impaired insurer(1) An insurer becomes impaired if the insurer: (b) is placed in receivership or administration;(c) declares bankruptcy; or(d) seeks protection from its creditors.(2) An impaired insurer shall, within 30 days of the insurer becoming impaired, furnish the department with a claim summary and actuary information relevant to each claim for which the insurer may have future liability.En. Sec. 14, Ch. 117, L. 2007.