Title 22, Insurance

0 chapters · 2,651 sections in this title.

2,651 sectionsFiltered byTitle 22

La. Rev. Stat. § 22:635.1 Redesignated as R.S
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§635.1. Redesignated as R.S. 22:1285 by Acts 2008, No. 415, §1, eff. Jan. 1, 2009.
La. Rev. Stat. § 22:635.2 Redesignated as R.S
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§635.2. Redesignated as R.S. 22:1286 by Acts 2008, No. 415, §1, eff. Jan. 1, 2009.
La. Rev. Stat. § 22:635.3 Redesignated as R.S
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§635.3. Redesignated as R.S. 22:1333 by Acts 2008, No. 415, §1, eff. Jan. 1, 2009.
La. Rev. Stat. § 22:635.4 Redesignated as R.S
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§635.4. Redesignated as R.S. 22:1334 by Acts 2008, No. 415, §1, eff. Jan. 1, 2009.
La. Rev. Stat. § 22:636 Authorized-control level event
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§636. Authorized-control level event A. "Authorized-control level event" means any of the following events: (1) The filing of a risk-based capital report by the health organization that indicates that the health organization's total adjusted capital is greater than or equal to it…
La. Rev. Stat. § 22:636.1 Redesignated as R.S
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§636.1. Redesignated as R.S. 22:1266 by Acts 2008, No. 415, §1, eff. Jan. 1, 2009.
La. Rev. Stat. § 22:636.2 Redesignated as R.S
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§636.2. Redesignated as R.S. 22:1265 by Acts 2008, No. 415, §1, eff. Jan. 1, 2009.
La. Rev. Stat. § 22:636.3 Redesignated as R.S
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§636.3. Redesignated as R.S. 22:888 by Acts 2008, No. 415, §1, eff. Jan. 1, 2009.
La. Rev. Stat. § 22:636.4 Redesignated as R.S
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§636.4. Redesignated as R.S. 22:1267 by Acts 2008, No. 415, §1, eff. Jan. 1, 2009.
La. Rev. Stat. § 22:636.5 Redesignated as R.S
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§636.5. Redesignated as R.S. 22:889 by Acts 2008, No. 415, §1, eff. Jan. 1, 2009.
La. Rev. Stat. § 22:636.6 Redesignated as R.S
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§636.6. Redesignated as R.S. 22:1335 by Acts 2008, No. 415, §1, eff. Jan. 1, 2009.
La. Rev. Stat. § 22:636.7 Redesignated as R.S
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§636.7. Redesignated as R.S. 22:1891 by Acts 2008, No. 415, §1, eff. Jan. 1, 2009.
La. Rev. Stat. § 22:636.8 Redesignated as R.S
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§636.8. Redesignated as R.S. 22:1287 by Acts 2008, No. 415, §1, eff. Jan. 1, 2009.
La. Rev. Stat. § 22:637 Mandatory-control level event
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§637. Mandatory-control level event A. "Mandatory-control level event" means any of the following events: (1) The filing of a risk-based capital report which indicates that the health organization's total adjusted capital is less than its mandatory-control level risk-based capita…
La. Rev. Stat. § 22:637.1 Redesignated as R.S
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§637.1. Redesignated as R.S. 22:1268 by Acts 2008, No. 415, §1, eff. Jan. 1, 2009.
La. Rev. Stat. § 22:638 Hearings
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§638. Hearings Upon the occurrence of any of the following events, the health organization shall have the right to demand a hearing in accordance with Chapter 12 of this Title, R.S. 22:2191 et seq. The events include: (1) Notification to a health organization by the commissioner …
La. Rev. Stat. § 22:639 Confidentiality; prohibition on announcements; prohibition on use in ratemaking
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§639. Confidentiality; prohibition on announcements; prohibition on use in ratemaking A. All risk-based capital reports, to the extent the information is not required to be set forth in a publicly available annual statement schedule, and risk-based capital plans, including the re…
La. Rev. Stat. § 22:64 Recordation
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§64. Recordation A. The articles, or a multiple original thereof, after having been submitted to and approved by the commissioner of insurance, shall be recorded in the office of the recorder of mortgages of the parish in which the registered office of the corporation is situated…
La. Rev. Stat. § 22:640 Supplemental provisions; rules; exemption
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§640. Supplemental provisions; rules; exemption A. The provisions of this Subpart are supplemental to any other provisions of the laws of this state and shall not preclude or limit any other powers or duties of the commissioner under such laws. B. The commissioner may adopt reaso…
La. Rev. Stat. § 22:641 Immunity
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§641. Immunity There shall be no liability on the part of and no cause of action shall arise against the commissioner or the Department of Insurance or its employees or agents for any action taken by them in the performance of their powers and duties pursuant to this Subpart. Act…
La. Rev. Stat. § 22:642 Notices to health maintenance organizations; effectiveness
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§642. Notices to health maintenance organizations; effectiveness All notices by the commissioner to a health maintenance organization that may result in regulatory action under this Subpart shall be effective upon dispatch if transmitted by registered or certified mail or, in the…
La. Rev. Stat. § 22:643 Redesignated as R.S
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§643. Redesignated as R.S. 22:877 by Acts 2008, No. 415, §1, eff. Jan. 1, 2009.
La. Rev. Stat. § 22:644 Redesignated as R.S
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§644. Redesignated as R.S. 22:909 by Acts 2008, No. 415, §1, eff. Jan. 1, 2009.
La. Rev. Stat. § 22:644.1 Redesignated as R.S
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§644.1. Redesignated as R.S. 22:910 by Acts 2008, No. 415, §1, eff. Jan. 1, 2009.
La. Rev. Stat. § 22:645 Redesignated as R.S
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§645. Redesignated as R.S. 22:911 by Acts 2008, No. 415, §1, eff. Jan. 1, 2009.
La. Rev. Stat. § 22:646 Redesignated as R.S
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§646. Redesignated as R.S. 22:1015 by Acts 2008, No. 415, §1, eff. Jan. 1, 2009.
La. Rev. Stat. § 22:647 Redesignated as R.S
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§647. Redesignated as R.S. 22:912 by Acts 2008, No. 415, §1, eff. Jan. 1, 2009.
La. Rev. Stat. § 22:648 Redesignated as R.S
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§648. Redesignated as R.S. 22:913 by Acts 2008, No. 415, §1, eff. Jan. 1, 2009.
La. Rev. Stat. § 22:649 Redesignated as R.S
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§649. Redesignated as R.S. 22:944 by Acts 2008, No. 415, §1, eff. Jan. 1, 2009.
La. Rev. Stat. § 22:65 Application for certificate of authority
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§65. Application for certificate of authority An application shall be made by the first directors to the commissioner of insurance for a certificate of authority which shall be accompanied by: (1) A copy of the acceptance of trust duly executed by each director. (2) A copy of the…
La. Rev. Stat. § 22:650 Redesignated as R.S
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§650. Redesignated as R.S. 22:878 by Acts 2008, No. 415, §1, eff. Jan. 1, 2009.
La. Rev. Stat. § 22:651 Reinsurance credits
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§651. Reinsurance credits A. The commissioner shall allow credit for reinsurance to a domestic ceding insurer as either an asset or deduction from liability when the assuming insurer satisfies the requirements of Subsection B, C, D, E, F, or G of this Section. Additionally, the c…
La. Rev. Stat. § 22:652 Reduction from liability for ceded reinsurance
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§652. Reduction from liability for ceded reinsurance A reduction from liability for the reinsurance ceded by a domestic insurer to an assuming insurer that fails to satisfy the requirements of R.S. 22:651 shall be allowed in an amount not exceeding the liabilities carried by the …
La. Rev. Stat. § 22:652.1 Redesignated as R.S
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§652.1. Redesignated as R.S. 22:1097 by Acts 2008, No. 415, §1, eff. Jan. 1, 2009.
La. Rev. Stat. § 22:652.2 Redesignated as R.S
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§652.2. Redesignated as R.S. 22:1288 by Acts 2008, No. 415, §1, eff. Jan. 1, 2009.
La. Rev. Stat. § 22:652.3 Redesignated as R.S
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§652.3. Redesignated as R.S. 22:945 by Acts 2008, No. 415, §1, eff. Jan. 1, 2009.
La. Rev. Stat. § 22:652.4 Redesignated as R.S
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§652.4. Redesignated as R.S. 22:35 by Acts 2008, No. 415, §1, eff. Jan. 1, 2009.
La. Rev. Stat. § 22:653 Qualified United States financial institutions
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§653. Qualified United States financial institutions A. Only for purposes of R.S. 22:652(3), a "qualified United States financial institution" means an institution that: (1) Is organized, or, in the case of a United States office of a foreign banking organization, licensed under …
La. Rev. Stat. § 22:654 Calculation of reinsurance credits
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§654. Calculation of reinsurance credits A. For the purpose of determining the financial condition of a ceding insurer, only if such reinsurance is effected by the ceding insurer in any assuming insurer authorized to do such business in this state, the ceding insurer shall, in ad…
La. Rev. Stat. § 22:655 Unearned premium reserve; reduction below required amount prohibited
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§655. Unearned premium reserve; reduction below required amount prohibited Nothing contained in R.S. 22:651 through 655 shall be deemed to permit the ceding insurer to receive through the cession of the whole or any part of any risk or risks any advantage whereby its unearned pre…
La. Rev. Stat. § 22:656 Agreements requiring approval
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§656. Agreements requiring approval A. The following kinds of reinsurance agreements shall not be entered into by any domestic insurer unless they are first submitted to the commissioner of insurance for his written approval, who shall approve the same if the terms thereof do not…
La. Rev. Stat. § 22:657 Pending actions
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§657. Pending actions A. Whenever an insurer agrees to assume and carry out directly with the policyholder any of the policy obligations of the ceding insurer under a reinsurance agreement, any claim existing or action or proceeding pending arising out of such policy by or agains…
La. Rev. Stat. § 22:658 Certificate of fees and commissions paid
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§658. Certificate of fees and commissions paid Whenever a reinsurance agreement is submitted to the commissioner of insurance for his approval, there shall be filed with him a certificate with regard to fees, commissions and other compensations or valuable considerations paid or …
La. Rev. Stat. § 22:658.1 Redesignated as R.S
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§658.1. Redesignated as R.S. 22:1441 by Acts 2008, No. 415, §1, eff. Jan. 1, 2009.
La. Rev. Stat. § 22:658.2 Redesignated as R.S
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§658.2. Redesignated as R.S. 22:1893 by Acts 2008, No. 415, §1, eff. Jan. 1, 2009.
La. Rev. Stat. § 22:658.3 Redesignated as R.S
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§658.3. Redesignated as R.S. 22:1894 by Acts 2008, No. 415, §1, eff. Jan. 1, 2009.
La. Rev. Stat. § 22:659 Pecuniary interest of directors and officers
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§659. Pecuniary interest of directors and officers No director or officer of any insurer, party to a reinsurance agreement, except as fully expressed in the reinsurance agreement, shall receive any fee, commission, other compensation or valuable consideration whatever, directly o…
La. Rev. Stat. § 22:66 Initial examination: issuance of certificate of authority
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§66. Initial examination: issuance of certificate of authority Upon receipt of the application for a certificate of authority, the commissioner of insurance shall cause an initial examination to be made of the corporation. If, in the opinion of the commissioner of insurance, the …
La. Rev. Stat. § 22:660 Unauthorized insurers
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§660. Unauthorized insurers It shall be unlawful for a domestic insurer to assume reinsurance from another insurer on lines of insurance such domestic insurer is not authorized to write in the state of Louisiana. Added by Acts 1979, No. 316, §1; Acts 1995, No. 1182, §2; Redesigna…
La. Rev. Stat. § 22:661 Authorization
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§661. Authorization A. The commissioner may adopt, pursuant to the provisions of this Title and the Administrative Procedure Act, R.S. 49:950 et seq., rules and regulations to implement any provision of this Subpart. B. The commissioner may further adopt rules and regulations app…