2017 US Code
Title 15 - Commerce and Trade
Chapter 108 - State-Based Insurance Reform
Subchapter II - Reinsurance
Sec. 8222 - Regulation of reinsurer solvency
| 15 U.S.C. § 8222 (2017) |
| §8222. Regulation of reinsurer solvency |
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(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 requirementsIf 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. 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. |
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(Pub. L. 111–203, title V, §532, July 21, 2010, 124 Stat. 1595.) |
| United States Code, 2012 Edition, Supplement 5, Title 15 - COMMERCE AND TRADE |
| Bills and Statutes |
| United States Code |
| Y 1.2/5: |
| Title 15 - COMMERCE AND TRADE CHAPTER 108 - STATE-BASED INSURANCE REFORM SUBCHAPTER II - REINSURANCE Sec. 8222 - Regulation of reinsurer solvency |
| section 8222 |
| 2017 |
| January 12, 2018 |
| No |
| standard |
| 124 Stat. 1595 |
| Public Law 111-203 |
