Missouri Code of State Regulations
Title 20 - DEPARTMENT OF COMMERCE AND INSURANCE
Division 200 - Insurance Solvency and Company Regulation
Chapter 21 - Corporate Governance Annual Disclosure
Section 20 CSR 200-21.300 - Definitions

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

PURPOSE: This rule sets forth the definitions that apply to the Corporate Governance Annual Disclosure and deemed necessary by the director to carry out the provisions of sections 375.1025, 375.1053, 375.1056, 375.1058 and 382.600-382.640. RSMo. The information in this rule is declared necessary and appropriate in the public interest and for the protection of the policy holders of this state

(1) "Director" means the director of the Department of Commerce and Insurance.

(2) "Insurance group" means, for purpose of this rule, those insurers and affiliates included within an insurance holding company system as defined in sections 382.010-382.300, RSMo.

(3) "Insurer" shall have the same meaning as set forth in section 375.012, RSMo, except that it shall not include agencies, authorities or instrumentalities of the United States, its possessions and territories, the Commonwealth of Puerto Rico, the District of Columbia, or a state or political subdivision of a state.

(4) "Senior Management" means any corporate officer responsible for reporting information to the board of directors at regular intervals or providing information to shareholders or regulators and shall include, for example and without limitation, the Chief Executive Officer (CEO), Chief Financial Officer (CFO), Chief Operations Officer (COO), Chief Procurement Officer (CPO), Chief Legal Officer (CLO), Chief Information Officer (CIO), Chief Technology Officer (CTO), Chief Revenue Officer (CRO), Chief Visionary Officer (CVO), or any other "C" level executive.

(5) "CGAD" means Corporate Governance Annual Disclosure form as in 20 CSR 200-21.300-20 CSR 200-21.600.

*Original authority: 382.615, RSMo 2018 and 382.635, RSMo 2018.

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