§ 48.44.555. Report of a material nonrenewal, cancellation, or revision of ceded reinsurance agreements -- Information required
The following is required to be disclosed in any report of a material nonrenewal, cancellation, or revision of ceded reinsurance agreements:
(1) The effective date of the nonrenewal, cancellation, or revision;
(2) The description of the transaction with an identification of the initiator;
(3) The purpose of or reason for the transaction; and
(4) If applicable, the identity of the replacement reinsurers.
[1995 c 86 § 18.]
Sections: Previous 48.44.400 48.44.420 48.44.430 48.44.440 48.44.450 48.44.460 48.44.465 48.44.470 48.44.500 48.44.530 48.44.535 48.44.540 48.44.545 48.44.550 48.44.555Last modified: April 7, 2009