Applicability of chapter. The applicable provisions of this chapter apply to:
1. All insurers authorized to transact insurance in this state;
2. All insurers having policyholders resident in this state;
3. All insurers against whom a claim under an insurance contract may arise in this state;
4. All persons in the process of organization, or holding themselves out as organizing, or proposing to organize in this state for the purpose of becoming an insurer; and
5. All other persons to whom such provisions are otherwise expressly made applicable by law.
Last modified: February 27, 2006