Title 22, Insurance

0 chapters · 2,651 sections in this title.

2,651 sectionsFiltered byTitle 22

La. Rev. Stat. § 22:718 Repealed by Acts 2012, No
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§718. Repealed by Acts 2012, No. 294, §2.
La. Rev. Stat. § 22:719 Repealed by Acts 2012, No
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§719. Repealed by Acts 2012, No. 294, §2.
La. Rev. Stat. § 22:72 Stock and mutual conversions
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§72. Stock and mutual conversions A. No domestic insurer may convert from a stock to a mutual, or from a mutual to a stock insurer, or from any type insurer to any other type insurer, except as provided in R.S. 22:71 unless a plan of conversion is submitted to and approved by the…
La. Rev. Stat. § 22:720 Repealed by Acts 2012, No
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§720. Repealed by Acts 2012, No. 294, §2.
La. Rev. Stat. § 22:721 Repealed by Acts 2012, No
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§721. Repealed by Acts 2012, No. 294, §2.
La. Rev. Stat. § 22:722 Repealed by Acts 2012, No
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§722. Repealed by Acts 2012, No. 294, §2.
La. Rev. Stat. § 22:723 Repealed by Acts 2012, No
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§723. Repealed by Acts 2012, No. 294, §2.
La. Rev. Stat. § 22:724 Repealed by Acts 2009, No
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§724. Repealed by Acts 2009, No. 503, §2.
La. Rev. Stat. § 22:73 Order of dissolution
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§73. Order of dissolution A. If the insurer against whom the petition for liquidation is filed be a corporation and the petition prays for dissolution of such insurer, the court shall have jurisdiction either before or after final liquidation of the property, business, and affair…
La. Rev. Stat. § 22:731 Administrative supervision; commissioner
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§731. Administrative supervision; commissioner A. An insurer shall be subject to administrative supervision by the commissioner if upon examination or at any other time it appears in the discretion of the commissioner that: (1) The condition of the insurer renders the continuance…
La. Rev. Stat. § 22:732 Confidentiality of certain proceedings and records; immunity of certain staff
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§732. Confidentiality of certain proceedings and records; immunity of certain staff A. Notwithstanding any other provision of law, all proceedings, hearings, notices, correspondence, reports, and other information in the possession of the commissioner or the department of insuran…
La. Rev. Stat. § 22:732.1 Redesignated as R.S
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§732.1. Redesignated as R.S. 22:2002 by Acts 2008, No. 415, §1, eff. Jan. 1, 2009.
La. Rev. Stat. § 22:732.2 Redesignated as R.S
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§732.2. Redesignated as R.S. 22:2003 by Acts 2008, No. 415, §1, eff. Jan. 1, 2009.
La. Rev. Stat. § 22:732.3 Redesignated as R.S
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§732.3. Redesignated as R.S. 22:2004 by Acts 2008, No. 415, §1, eff. Jan. 1, 2009.
La. Rev. Stat. § 22:733 Prohibited acts during period of supervision
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§733. Prohibited acts during period of supervision During the period of administrative supervision, the commissioner or his designee shall serve as the administrative supervisor of the insurer. The commissioner may require that the insurer not do any of the following during the p…
La. Rev. Stat. § 22:734 Review and stay of action; supervision
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§734. Review and stay of action; supervision During the period of supervision, the insurer may contest an action taken or proposed to be taken by the supervisor, specifying the manner wherein the action being complained of would not result in improving the condition of the insure…
La. Rev. Stat. § 22:734.1 Redesignated as R.S
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§734.1. Redesignated as R.S. 22:2007 by Acts 2008, No. 415, §1, eff. Jan. 1, 2009.
La. Rev. Stat. § 22:735 Administrative election of proceedings
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§735. Administrative election of proceedings Nothing contained in this Subpart shall preclude the commissioner from initiating judicial proceedings in conservation, rehabilitation, or liquidation proceedings or other delinquency proceedings, however designated under the laws of t…
La. Rev. Stat. § 22:736 Administrative rules
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§736. Administrative rules The commissioner may adopt reasonable rules, including fines and penalties for violations of R.S. 22:733, necessary for the implementation of the provisions herein, pursuant to the Administrative Procedure Act. Acts 1991, No. 997, §1; Redesignated from …
La. Rev. Stat. § 22:737 Expenses of supervision; payment by insurer
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§737. Expenses of supervision; payment by insurer A. All expenses incurred by the commissioner in conducting an administrative supervision shall be paid by the insurer being supervised. An insurer may contest the reasonableness of the amount of the expenses billed to it by applyi…
La. Rev. Stat. § 22:737.1 Redesignated as R.S
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§737.1. Redesignated as R.S. 22:2011 by Acts 2008, No. 415, §1, eff. Jan. 1, 2009.
La. Rev. Stat. § 22:737.2 Redesignated as R.S
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§737.2. Redesignated as R.S. 22:2012 by Acts 2008, No. 415, §1, eff. Jan. 1, 2009.
La. Rev. Stat. § 22:738 Redesignated as R.S
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§738. Redesignated as R.S. 22:2013 by Acts 2008, No. 415, §1, eff. Jan. 1, 2009.
La. Rev. Stat. § 22:739 Redesignated as R.S
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§739. Redesignated as R.S. 22:2014 by Acts 2008, No. 415, §1, eff. Jan. 1, 2009.
La. Rev. Stat. § 22:739.1 Redesignated as R.S
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§739.1. Redesignated as R.S. 22:2015 by Acts 2008, No. 415, §1, eff. Jan. 1, 2009.
La. Rev. Stat. § 22:74 Insurers prohibited from engaging in other businesses
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§74. Insurers prohibited from engaging in other businesses No domestic insurer shall deal or trade in buying or selling goods, wares, or merchandise except articles insured by it on which losses are claimed and except in replacing, rebuilding, or repairing insured property as pro…
La. Rev. Stat. § 22:740 Redesignated as R.S
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§740. Redesignated as R.S. 22:2016 by Acts 2008, No. 415, §1, eff. Jan. 1, 2009.
La. Rev. Stat. § 22:741 Redesignated as R.S
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§741. Redesignated as R.S. 22:73 by Acts 2008, No. 415, §1, eff. Jan. 1, 2009.
La. Rev. Stat. § 22:742 Redesignated as R.S
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§742. Redesignated as R.S. 22:2017 by Acts 2008, No. 415, §1, eff. Jan. 1, 2009.
La. Rev. Stat. § 22:743 Redesignated as R.S
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§743. Redesignated as R.S. 22:2018 by Acts 2008, No. 415, §1, eff. Jan. 1, 2009.
La. Rev. Stat. § 22:744 Redesignated as R.S
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§744. Redesignated as R.S. 22:2019 by Acts 2008, No. 415, §1, eff. Jan. 1, 2009.
La. Rev. Stat. § 22:745 Redesignated as R.S
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§745. Redesignated as R.S. 22:2020 by Acts 2008, No. 415, §1, eff. Jan. 1, 2009.
La. Rev. Stat. § 22:745.1 Redesignated as R.S
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§745.1. Redesignated as R.S. 22:2021 by Acts 2008, No. 415, §1, eff. Jan. 1, 2009.
La. Rev. Stat. § 22:745.2 Redesignated as R.S
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§745.2. Redesignated as R.S. 22:2022 by Acts 2008, No. 415, §1, eff. Jan. 1, 2009.
La. Rev. Stat. § 22:745.3 Redesignated as R.S
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§745.3. Redesignated as R.S. 22:2023 by Acts 2008, No. 415, §1, eff. Jan. 1, 2009.
La. Rev. Stat. § 22:745.4 Redesignated as R.S
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§745.4. Redesignated as R.S. 22:2024 by Acts 2008, No. 415, §1, eff. Jan. 1, 2009.
La. Rev. Stat. § 22:746 Redesignated as R.S
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§746. Redesignated as R.S. 22:2025 by Acts 2008, No. 415, §1, eff. Jan. 1, 2009.
La. Rev. Stat. § 22:747 Redesignated as R.S
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§747. Redesignated as R.S. 22:2026 by Acts 2008, No. 415, §1, eff. Jan. 1, 2009.
La. Rev. Stat. § 22:748 Redesignated as R.S
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§748. Redesignated as R.S. 22:2027 by Acts 2008, No. 415, §1, eff. Jan. 1, 2009.
La. Rev. Stat. § 22:749 Redesignated as R.S
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§749. Redesignated as R.S. 22:2028 by Acts 2008, No. 415, §1, eff. Jan. 1, 2009.
La. Rev. Stat. § 22:75 Change of state of domicile of admitted insurer; conversion to foreign insurer; effects of redomestication
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§75. Change of state of domicile of admitted insurer; conversion to foreign insurer; effects of redomestication A. Any insurer which is organized under the laws of any other state and is admitted to do business in this state for the purpose of writing insurance may, upon approval…
La. Rev. Stat. § 22:750 Redesignated as R.S
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§750. Redesignated as R.S. 22:2029 by Acts 2008, No. 415, §1, eff. Jan. 1, 2009.
La. Rev. Stat. § 22:751 Commissioner of insurance to make valuation
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§751. Commissioner of insurance to make valuation A.(1)(a) The commissioner shall annually value, or cause to be valued, the reserve liabilities, hereinafter called "reserves", for all outstanding life insurance policies and annuity and pure endowment contracts of every life insu…
La. Rev. Stat. § 22:752 Actuarial opinion reserves
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§752. Actuarial opinion reserves A. Prior to the operative date of the valuation manual, each life insurance company doing business in this state shall annually submit the opinion of a qualified actuary as to whether the reserves and related actuarial items held in support of the…
La. Rev. Stat. § 22:753 Policies under standard valuation law
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§753. Policies under standard valuation law A.(1) The mortality, interest, and other standards specified in R.S. 22:751 shall apply to policies and contracts issued in the United States or its territories except those issued subject to the standard non-forfeiture law as set forth…
La. Rev. Stat. § 22:753.1 Single-state exemption
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§753.1. Single-state exemption A. The commissioner may exempt specific product forms or product lines of a domestic company that is authorized and doing business only in this state from the requirements of R.S. 22:753(C) provided both of the following occur: (1) The commissioner …
La. Rev. Stat. § 22:754 Dividends; payments limited when reserve deficient
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§754. Dividends; payments limited when reserve deficient A. Payments in the form of dividends or otherwise shall not be made to its stockholders by any domestic life insurer, unless its assets exceed, to the amount of such payment, the amount of its paid-up capital stock and all …
La. Rev. Stat. § 22:755 Penalty; improper payment of dividends
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§755. Penalty; improper payment of dividends Any officer or director of any insurer who votes or assents to any payment, either to stockholders or policyholders, in violation of any of the provisions of R.S. 22:754 shall forfeit to the state the sum of five thousand dollars, to b…
La. Rev. Stat. § 22:756 Redesignated as R.S
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§756. Redesignated as R.S. 22:2035 by Acts 2008, No. 415, §1, eff. Jan. 1, 2009.
La. Rev. Stat. § 22:756.1 Redesignated as R.S
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§756.1. Redesignated as R.S. 22:2036 by Acts 2008, No. 415, §1, eff. Jan. 1, 2009.