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15 U.S.C. § 8222

Regulation of reinsurer solvency

Ch. 108 — STATE-BASED INSURANCE REFORM
Title 15 U.S.C. ● ACTIVE Primary Source Ch. 108
Statutory Text

15 U.S.C. § 8222 — Regulation of reinsurer solvency

U.S.C. Title 15 - COMMERCE AND TRADE 15 U.S.C. United States Code, 2023 Edition Title 15 - COMMERCE AND TRADE CHAPTER 108 - STATE-BASED INSURANCE REFORM SUBCHAPTER II - REINSURANCE Sec. 8222 - Regulation of reinsurer solvency From the U.S. Government Publishing Office, www.gpo.gov

§8222. Regulation of reinsurer solvency

(a) Domiciliary State regulation If the State of domicile of a reinsurer is an NAIC-accredited State or has financial solvency requirements substantially similar to the requirements necessary for NAIC accreditation, such State shall be solely responsible for regulating the financial solvency of the reinsurer. (b) Nondomiciliary States (1) Limitation on financial information requirements If the State of domicile of a reinsurer is an NAIC-accredited State or has financial solvency requirements substantially similar to the requirements necessary for NAIC accreditation, no other State may require the reinsurer to provide any additional financial information other than the information the reinsurer is required to file with its domiciliary State. (2) Receipt of information No provision of this section shall be construed as preventing or prohibiting a State that is not the State of domicile of a reinsurer from receiving a copy of any financial statement filed with its domiciliary State.

(Pub. L. 111–203, title V, §532, July 21, 2010, 124 Stat. 1595.)

Source: uscode.house.gov — public domain Official Source ↗
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◈ Machine-Readable Provenance Record Root-LD v1.0 · boisestandard.org
Federation ID
BS-USC15-SEC-8465B4
Entity Class
STATUTE / FEDERAL-CODE-SECTION
Domain Signature
boisestandard.org
Citation
15 U.S.C. § 8222
Jurisdiction
Federal — United States
Status
✓ ACTIVE
Source
PRIMARY-SOURCE
Source Verified
✓ TRUE
Content Hash
216b9e6f8d8b1317...
Semantic Edges
Pending — corpus passes queued
The statutory text of 15 U.S.C. § 8222 is reproduced from the official United States Code as published by the Office of the Law Revision Counsel of the U.S. House of Representatives (uscode.house.gov).
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← 15 U.S.C. § 8221 15 U.S.C. § 8223 →
Ch. 108 — STATE-BASED INSURANCE REFORM
15 U.S.C. § 820115 U.S.C. § 820215 U.S.C. § 820315 U.S.C. § 820415 U.S.C. § 820515 U.S.C. § 820615 U.S.C. § 822115 U.S.C. § 822215 U.S.C. § 822315 U.S.C. § 823115 U.S.C. § 8232
15 U.S.C. — public domain ← All Legislation
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