Missouri Code of State Regulations
Title 20 - DEPARTMENT OF COMMERCE AND INSURANCE
Division 200 - Insurance Solvency and Company Regulation
Chapter 17 - Admissions
Section 20 CSR 200-17.200 - Procedure for Foreign Insurer to Obtain a Certificate of Authority to Transact the Business of Insurance

Current through Register Vol. 49, No. 6, March 15, 2024

PURPOSE: This amendment removes outdated language.

(1) Any foreign insurance company, as that term is used in section 375.811, RSMo, making application to the director of the department for a certificate of authority to transact an insurance business in the state of Missouri shall do so by filing both of the following:

(A) A completed Uniform Certificate of Authority Application (UCAA) form as follows:
1. An expansion application, if the applicant is organized under the laws of a uniform state; or

2. A primary application, if the applicant is not organized under the laws of a uniform state; and

(B) Additional information as follows:
1. A narrative description of the history of the applicant;

2. Explanation of any unique assets, liabilities, or operating aspects of the applicant; and

3. A detailed explanation of any present controversy with any state or federal regulatory agency or of any presently pending formal or informal hearings.

(2) A uniform state is a state or territory of the United States that is committed to using the UCAA review process for company admissions.

(3) Upon request, the department will provide information regarding:

(A) Whether a state or territory is a uniform state;

(B) How to obtain the appropriate UCAA form (including any forms specific to Missouri under the UCAA review process); and

(C) The application of the statutory standards for evaluating an application for a certificate of authority.

*Original authority: 374.045, RSMo 1967, amended 1993, 1995.

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