§ 2683.8. Who Must Register.  


Latest version.
  • Except as in this section otherwise provided, the following described admitted insurers are required to register pursuant to Section 1215.4 of the Act and these regulations, and to maintain their registration in a current state:
    (a) Every admitted domestic insurer which is a member of an insurance holding company system, i.e., generally one which owns or controls one or more subsidiaries (insurers or not), or is owned or controlled by, or is under common control with, another person; and
    (b) Every admitted foreign insurer which is a member of an insurance holding company system and whose domiciliary state does not have statutory or regulatory disclosure requirements and standards substantially similar to those contained in Section 1215.4 of the Insurance Code.