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
Universal Citation: 20 MO Code of State Regs 200-17.200
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PURPOSE: This amendment removes outdated language.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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