Louisiana Administrative Code
Title 37 - INSURANCE Part
Part XIII - Regulations
Chapter 181 - Regulation Number 120-Administrative and Agency Proceedings Instituted Against a License
Section XIII-18109 - Definitions
Current through Register Vol. 50, No. 9, September 20, 2024
A. Strictly for purposes of Regulation 120, the following terms are defined as follows.
License-any and all authorizations, certificates of authority, licenses, registrations, or other written instruments, acknowledgements, or statutory decrees, establishing that a person or entity is authorized to conduct the business of insurance in accordance with Title 22.
Licensee-all persons and entities issued a "license" by the Department of Insurance or otherwise authorized by statute to conduct the business of insurance in this state. Additionally, the term "licensee," as used in this regulation, includes approved unauthorized insurers, as defined in Chapter 2 of the Louisiana Insurance Code.
Administrative Proceedings-proceedings in an administrative tribunal adjudicated by an administrative law judge and conducted in accordance with Chapter 12 of the Louisiana Insurance Code, R.S. 22:2191, et seq. and the Administrative Procedure Act, R.S. 49:950, et seq.
Agency Proceedings-proceedings instituted or conducted by the Commissioner of Insurance.
Commissioner-the Commissioner of Insurance, his deputy, or the Department of Insurance, as appropriate.
AUTHORITY NOTE: Promulgated in accordance with R.S. 22:2, 22:11, 22:18, 22:2191, et seq., and the Administrative Procedure Act, R.S. 49:950, et seq.