Louisiana Administrative Code
Title 37 - INSURANCE
Part XIII - Regulations
Chapter 13 - Regulation 43-Companies in Hazardous Financial Condition
Section XIII-1301 - Purpose
Universal Citation: LA Admin Code XIII-1301
Current through Register Vol. 50, No. 3, March 20, 2024
A. The purpose of Regulation 43 is to set forth the standards which the commissioner of insurance ("commissioner") may use for identifying insurers found to be in such condition as to render the continuance of their business hazardous to their policyholders, creditors, or the general public.
B. Regulation 43 shall not be interpreted to limit the powers granted the commissioner by any laws or parts of laws of this state, nor shall Regulation 43 be interpreted to supersede any laws or parts of laws of this state.
AUTHORITY NOTE: Promulgated in accordance with R.S. 22:11 and 22:2001 et seq.
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