Title 31 — Insurance and Securities.
94 chapters · 1,236 sections in this title.
D.C. Code § 31-1701 Definitions
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For the purposes of this chapter, the term: (1) “Commissioner” means the Commissioner of the Department of Insurance, Securities and Banking. (1A) “District” means the District of Columbia. (2) “Redomestication” means the transfer to the District the corporate domicile of an auth…
D.C. Code § 31-1702 Approval as a domestic insurer
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Any insurer which is organized under laws of any state and is admitted to do business in the District for the purpose of writing insurance may become a domestic insurer by complying with all of the requirements of law relative to the organization and licensing of a domestic insur…
D.C. Code § 31-1703 Conversion to foreign insurer
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Any domestic insurer may, upon the approval of the Commissioner, transfer its domicile to any state in which it is admitted to transact the business of insurance, and upon such a transfer shall cease to be a domestic insurer and shall be admitted to the District, if qualified, as…
D.C. Code § 31-1704 Effects of redomestication
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(a) The certificate of authority, agent appointments and licenses, rates, and other items which the Commissioner allows, in his or her discretion, which are in existence at the time any insurer licensed to transact the business of insurance in the District transfers its corporate…
D.C. Code § 31-1705 Rulemaking
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The Mayor, pursuant to subchapter I of Chapter 5 of Title 2, may issue rules and regulations to carry out the purpose of this chapter.