SUSPENSION OF INSURERS; NOTIFICATIONS AND REPORTS.

60A.26 SUSPENSION OF INSURERS; NOTIFICATIONS AND REPORTS. § Subdivision 1.Other states. The commissioner of commerce shall notify the insurance departments of all other states whenever, under any law then in effect, the commissioner suspends the right of a foreign or domestic insurer to transact business in this state. § Subd. 2.NAIC. The commissioner of commerce shall report public regulatory actions, investigative information, and complaints to the appropriate reporting system or database of the National Association of Insurance Commissioners. History: 1967 c 369 s 1; 1983 c 289 s 114 subd 1; 1984 c 655 art 1 s 92; 1986 c 444; 1995 c 258 s 8