Louisiana Administrative Code
Title 37 - INSURANCE Part
Part XIII - Regulations
Chapter 1 - Regulation Number 31-Holding Company
Section XIII-113 - Acquisition of Section 691.4(A)(4) Insurers

Universal Citation: LA Admin Code XIII-113

Current through Register Vol. 50, No. 9, September 20, 2024

A. If the person being acquired is deemed to be a domestic insurer solely because of the provisions of R.S. 22:691.4(A)(4), the name of the domestic insurer on the cover page should be indicated as follows:

1. "ABC Insurance Company, a subsidiary of XYZ Holding Company".

B. Where an R.S. 22:691.4(A)(4) insurer is being acquired, references to "the insurer" contained in form A shall refer to both the domestic subsidiary insurer and the person being acquired.

AUTHORITY NOTE: Promulgated in accordance with R.S. 22:691.1-691.27.

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