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15 U.S.C. § 8222 15 u.s.c. · state-based insurance reform · title 15
15 U.S.C. § 8222
Regulation of reinsurer solvency
Title 15 USC
● ACTIVE
Ch. 108
Jurisdiction Federal — United States
Chapter STATE-BASED INSURANCE REFORM
Primary Source uscode.house.gov ↗
Federation ID OM-USC15-SEC-8465B4
STATUTORY TEXT primary source · verbatim · uscode.house.gov

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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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).
OakMorel Law
15 U.S.C.
Citation
15 U.S.C. § 8222
Status
● ACTIVE
Chapter
108 — STATE-BASED INSURANCE REFORM
Title
Commerce and Trade
Jurisdiction
Federal
Federation ID
OM-USC15-SEC-8465B4
Root-LD Spec
v1.0
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Commerce and Trade — 15 U.S.C. § 8222