Chapter 2
Foreign Insurance Companies

Index of Sections

§ 27-2-1. Compliance by foreign insurance companies required.

§ 27-2-1.1. Telephone number — Toll free or collect.

§ 27-2-2. Applicability.

§ 27-2-3. Reciprocal privileges of nonresident insurance producers.

§ 27-2-4. Penalty for unlawful business.

§ 27-2-5. Minimum capital and surplus requirements — Maximum amount of single risk.

§ 27-2-6. Certificate of deposit for benefit of policyholders.

§ 27-2-6.1. Special deposit for benefit of policyholders.

§ 27-2-7. Charter to be filed.

§ 27-2-8. Statement as to type of company, investments, and risks.

§ 27-2-9. Statement as to capital, assets, and investments.

§ 27-2-10. Filing of accident and health policy forms.

§ 27-2-11. License required — Expiration date.

§ 27-2-12. Review of refusal to issue or renew license.

§ 27-2-13. Commissioner as attorney to receive process.

§ 27-2-14. Forwarding of process by commissioner.

§ 27-2-15. Provisions against actions in state courts.

§ 27-2-16. Filing fees — Certificates of compliance.

§ 27-2-17. Reciprocal fees and charges.

§ 27-2-18. Life insurance companies’ offices.

§ 27-2-19. Inquiries as to financial condition.

§ 27-2-20. Validity of contracts of non-complying companies — Penalty on insurance producers — Actions by company.

§ 27-2-21. Report and prosecution of violations.

§ 27-2-22. Companies owned or controlled in whole or in part by foreign state or government.

§ 27-2-23. Discrimination in rates prohibited.

§ 27-2-24. Revocation or suspension of license of foreign company.

§ 27-2-25. Notice of revocation or suspension of license.

§ 27-2-26. Business prohibited during suspension or revocation.

§ 27-2-27. Appeal from revocation or suspension.

§ 27-2-28. Determination of premium tax rate.

§ 27-2-29. Information security program. [Effective January 1, 2025.]

§ 27-2-30. Notification of a cybersecurity event. [Effective January 1, 2025.]