Note
Part heading amended by L 1997, c 75, §2.
Cross References
Civil relief for state military forces, see chapter 657D.
§431:3-409 Supplemental provisions; rules; exceptions. (a) This part is supplemental to any other laws of this State, and shall not preclude or limit any other powers or duties of the commissioner under those laws, including but not limited to article 15.
(b) The commissioner may adopt rules pursuant to chapter 91 necessary for the implementation of this part.
(c) The commissioner may exempt from the application of this part any domestic property and casualty insurer that:
(1) Writes direct business in this State;
(2) Writes direct annual premiums of $2,000,000 or less; and
(3) Assumes no reinsurance in excess of five per cent of direct premiums written.
(d) The commissioner may exempt from the application of this part any domestic benefit society or health maintenance organization that:
(1) Writes direct business only in this State;
(2) Assumes no reinsurance in excess of five per cent of direct premiums written; and
(3) Writes direct annual premiums for comprehensive medical business of $2,000,000 or less; or
(4) Is a benefit society or health maintenance organization that covers fewer than two-thousand lives. [L 1994, c 190, pt of §1; am L 1995, c 61, §2 as superseded by c 232, §4; am L 1997, c 75, §12; am L 1999, c 128, §2; am L 2011, c 80, §6]
Section: Previous 431-3-402 431-3-403 431-3-404 431-3-405 431-3-406 431-3-407 431-3-408 431-3-409 431-3-410 431-3-411 431-3-412 431-3-413 431-3-414 431-3a-101 431-3a-102 NextLast modified: October 27, 2016