D.C. Code § 31-3232 — DC Code / Title 31 / Chapter 32 / § 31-3232
§ 31-3232. Uniform consultation referral forms.
Status: in_force

(a) This subchapter shall apply to all health insurers that issue or deliver individual or group health benefit plans in the District of Columbia.
(b) All health insurers that require the insured to have a written referral to receive consultation services shall use the uniform consultation referral form adopted by the Commissioner as the sole instrument for referrals for consultation services.
(c) The uniform consultation referral form shall be properly completed by the health care provider that refers the insured for consultation services.
D.C. Code § 31-1106 — DC Code / Title 31 / Chapter 11 / § 31-1106
§ 31-1106. Records.
Status: in_force

(a) Every licensee shall maintain records of its premium finance transactions and the said records shall be open to examination and investigation by the Commissioner. The Commissioner may at any time require any licensee to bring such records as he may direct to the Commissioner’s office for examination.
(b) Every licensee shall preserve its records of such premium finance transactions, including cards used in a card system, for at least 3 years after making the final entry in respect to any premium finance agreement. The preservation of records in photographic form shall constitute compliance with this requirement.
D.C. Code § 31-1338 — DC Code / Title 31 / Chapter 13 / § 31-1338
§ 31-1338. Claims of surety.
Status: in_force

Whenever a creditor whose claim against an insurer is secured, in whole or in part, by the undertaking of another person fails to prove and file that claim, the other person may do so in the creditor’s name, and shall be subrogated to the rights of the creditor, whether the claim has been filed by the creditor or by the other person in the creditor’s name, to the extent that he or she discharges the undertaking. In the absence of an agreement with the creditor to the contrary, the other person shall not be entitled to any distribution, however, until the amount paid to the creditor on the undertaking plus the distributions paid on the claim from the insurer’s estate to the creditor equals the amount of the entire claim of the creditor. Any excess received by the creditor shall be held by him in trust for such other person. The term “other person”, as used in this section, is not intended to apply to a guaranty association or foreign guaranty association.
D.C. Code § 31-5712 — DC Code / Title 31 / Chapter 57 / § 31-5712
§ 31-5712. Meetings.
Status: repealed

Repealed.
D.C. Code § 31-3175.01 — DC Code / Title 31 / Chapter 31E / § 31-3175.01
§ 31-3175.01. Definitions.
Status: in_force

For the purposes of this chapter , the term:
(a) (1) "Benefits" means the health care services covered by a health insurer under a health benefits plan.
  (2) "Department" means the Department of Insurance, Securities, and Banking.
  (3) "Health benefits plan" shall have the same meaning as provided in § 31-3131(4) .
  (4) "Health insurer" shall have the same meaning as provided in § 31-3131(5) .
  (5) "In-network" means providers or health care facilities that have entered into a contract or agreement with a health insurer pursuant to which such entities are obligated to provide benefits to individuals enrolled with the health insurer's health benefits plan.
  (6) "Market conduct examination" means an examination conducted by the Department to evaluate the practices and operations of a health insurer.
  (7) "Medicaid" means the medical assistance programs authorized by Title XIX of the Social Security Act, approved July 30, 1965 (79 Stat. 343; 42 U.S.C. § 1396 et seq .), and by § 1-307.02 , and administered by the Department of Health Care Finance.
  (8) "Medication-assisted treatment" means the use of opioid addiction treatment medication to treat substance use disorders.
  (9) "Mental health condition" means any condition or disorder involving mental illness that falls under any of the diagnostic categories listed in the mental disorders section of the current edition of the International Classification of Diseases or that is listed in the most recent edition of the Diagnostic and Statistical Manual of Mental Disorders of the American Psychiatric Association.
  (10) "MHPAEA" means and includes the Paul Wellstone and Pete Domenici Mental Health Parity and Addiction Equity Act of 2008, approved October 3, 2008 (Pub. L. No. 110-343; 122 Stat. 3881), and any federal guidance or regulations implementing MHPAEA, including 45 C.F.R §§ 146.136, 147.136, 147.160, and 156.115(a)(3).
  (11) "Non-quantitative treatment limitation" means limitations imposed by a health insurer on the scope or duration of mental health condition and substance use disorder benefits for treatment, including:
    (A) Medical management standards limiting or excluding benefits based on medical necessity, medical appropriateness, or whether the treatment is experimental or investigative;
    (B) Formulary design for prescription drugs;
    (C) For health benefit plans with multiple network tiers, such as preferred providers and participating providers, network tier design;
    (D) Standards for provider admission to participate in a network, including reimbursement rates;
    (E) Health benefits plan methods for determining usual, customary, and reasonable charges;
    (F) Refusal to pay for higher-cost therapies until it can be shown that a lower-cost therapy is not effective, including fail-first policies or step therapy protocols;
    (G) Exclusions based on the failure to complete a course of treatment;
    (H) Restrictions based on geographic location, facility type, provider specialty, and other criteria that limit the scope or duration of benefits for services provided under the health benefits plan or coverage;
    (I) In and out-of-network geographic limitations;
    (J) Standards for providing access to out-of-network providers;
    (K) Limitations on inpatient services for situations where the participant is a threat to self or others;
    (L) Exclusions for court-ordered and involuntary holds;
    (M) Experimental treatment limitations;
    (N) Service coding;
    (O) Exclusions for services provided by clinical social workers; and
    (P) Network adequacy.
  (12) "Out-of-network" means providers or health care facilities who have not entered into a contract or agreement with a health insurer pursuant to which such entities are obligated to provide benefits to individuals enrolled with the health insurer's health benefits plan.
  (13) "Prescriber" shall have the same meaning as provided in § 48-841.02(3) .
  (14) "Prior authorization" means the process of obtaining prior approval from a health insurer for the provision of prescribed procedures, services, or medications.
  (15) "Provider" shall have the same meaning as provided in § 31-3131(7) .
  (16) "Step therapy" shall have the same meaning as provided in § 48-855.01(12) .
  (17) "Substance use disorder" means a problematic pattern of substance use leading to clinically significant impairment or distress, as manifested by symptoms identified in the most recent edition of the Diagnostic and Statistical Manual of Mental Disorders of the American Psychiatric Association.
D.C. Code § 31-5602.01 — DC Code / Title 31 / Chapter 56 / § 31-5602.01
§ 31-5602.01. Licensing of broker-dealer and agent.
Status: in_force

(a) No person shall transact business in the District of Columbia (“District”) as a broker-dealer or agent unless the person is licensed or exempt from licensure under this chapter.
(b) No broker-dealer or issuer shall employ an agent to represent the broker-dealer or issuer unless the agent is licensed or exempt from licensure under this chapter. The license of an agent shall not be effective during any period when the agent is not associated with a specified broker-dealer licensed under this chapter or with a specified issuer.
(c) No agent shall at any time represent more than one broker-dealer or issuer without the written consent of each broker-dealer or issuer. If an agent begins or terminates an association with a broker-dealer or issuer, or begins or terminates those activities which make the person an agent, the agent and the broker-dealer or issuer shall promptly notify the Commissioner.
(d) Unless sooner terminated under this chapter or renewed, the license of a broker-dealer or agent shall expire on December 31.
(e) No broker-dealer licensed under this chapter shall transact business in the District unless it registers at least one agent with the Department.
D.C. Code § 31-4311 — DC Code / Title 31 / Chapter 43 / § 31-4311
§ 31-4311. Defamatory or injurious false statements against companies.
Status: repealed

Repealed.
D.C. Code § 31-5605.05 — DC Code / Title 31 / Chapter 56 / § 31-5605.05
§ 31-5605.05. Unlawful representations concerning licensing, registration, notice filing, or exemption.
Status: in_force

(a) The filing of an application for a registration or notice filing under subchapter II, the filing of a registration statement or notice filing under subchapter III, or registration of a person or security shall not constitute a finding by the Commissioner that any document filed under this chapter is true, complete, and not misleading. Such filings, licensure, or registration, or that an exemption or exception is available for a security or a transaction, shall not mean the Commissioner has passed upon the merits or qualifications of, or recommended or given approval to, a person, security, or transaction.
(b) A person shall not make, or cause to be made, to a prospective purchaser, customer, or client a representation inconsistent with subsection (a) of this section.
D.C. Code § 31-3866 — DC Code / Title 31 / Chapter 38D / § 31-3866
§ 31-3866. Facility fees.
Status: repealed

Repealed.
D.C. Code § 31-5607.05 — DC Code / Title 31 / Chapter 56 / § 31-5607.05
§ 31-5607.05. Rules, forms, and orders.
Status: in_force

(a) In addition to specific authority otherwise granted by this chapter, the Commissioner:
  (1) Shall adopt, as a rule, a description of the general course and method of where and how a person may obtain information or make a submission or request;
  (2) Shall adopt rules of practice setting forth the nature and requirements of all formal and informal procedures available to a person, including all forms that are to be used by a person dealing with the Commissioner;
(b) To keep rules adopted by the Commissioner in harmony with the regulations adopted by the Securities and Exchange Commission under the federal securities laws and to encourage uniformity with the rules of securities agencies and administrators in other states, the Commissioner, so far as is consistent with this chapter, shall take into consideration the regulations adopted by the Securities and Exchange Commission and the rules of securities agencies and administrators in other states which have enacted a law comparable to this chapter.
(c) Unless specifically provided in this chapter to the contrary, a rule or order may not be adopted, amended, or repealed unless the Commissioner determines that the action is in the public interest and appropriate for the protection of investors and is consistent with the purposes fairly intended by the policy and provisions of this chapter.
(d) The Commissioner may, by rule or order, prescribe the form and content of financial statements required under this chapter, the circumstances under which consolidated financial statements must be filed, and whether a required financial statement must be certified and by whom. Unless the Commissioner provides, by rule or order, otherwise, and subject to the limitations of section 15 of the Securities Exchange Act of 1934 [15 U.S.C. § 78o] and section 222 of the Investment Advisers Act of 1940 [15 U.S.C. § 80b-18 a], a financial statement required under this chapter must be prepared in accordance with generally accepted accounting principles or other accounting principles as are prescribed for the issuer of the financial statement by the Securities and Exchange Commission.
D.C. Code § 31-733 — DC Code / Title 31 / Chapter 7 / § 31-733
§ 31-733. Incorporation of holding company; amendment of articles of incorporation.
Status: in_force

(a) A mutual insurance holding company resulting from a reorganization of a domestic mutual insurance company organized under Chapter 44 of this title shall be incorporated pursuant to Chapter 44 of this title . The articles of incorporation and any amendments to such articles of the mutual insurance holding company shall be subject to approval of the Commissioner and Corporation Counsel of the District in the same manner as those of an insurance company. The Commissioner and Corporation Counsel shall promptly examine the articles of incorporation, and if they find that the articles of incorporation comply with the law, the Commissioner and Corporation Counsel shall endorse their approval upon each of the originals, place one on file in the Commissioner’s office, and return the remaining sets to the incorporators. The incorporators shall promptly file such endorsed articles of incorporation with the D.C. Office of Corporations. The endorsed articles of incorporation shall be deemed effective as of the effective date of a reorganization accomplished pursuant to this act [this subchapter], upon the filing of the articles with the D.C. Office of Corporations.
(b) A domestic mutual insurance holding company may amend its articles of incorporation by vote of 2/3rds of those members who vote either in person or by proxy at a lawful meeting of its members, if the notice given members included due notice of the proposal to amend. Upon adoption of an amendment, the mutual holding company shall make under its corporate seal a certificate thereof, setting forth the amendment and the date and manner of the adoption thereof, which certificate shall be executed by the mutual insurance holding company’s president or vice president and secretary or assistant secretary, and acknowledged before an officer authorized to take acknowledgments. The mutual insurance holding company shall deliver the originals of the certificate to the Commissioner and Corporation Counsel. The Commissioner and Corporation Counsel shall promptly examine the certificate of amendment, and, if the Commissioner and Corporation Counsel find that the certificate and the amendment comply with law, the Commissioner and Corporation Counsel shall endorse their approvals upon each of the originals, place one on file in the Commissioner’s office, and return the remaining sets to the mutual insurance holding company. The mutual insurance holding company shall promptly file such endorsed certificates of amendment with the D.C. Office of Corporations. The D.C. Office of Corporations shall accept the endorsed certificates of amendment without further review or approval. The amendment shall be effective when filed with the D.C. Office of Corporations.
D.C. Code § 31-4327 — DC Code / Title 31 / Chapter 43 / § 31-4327
§ 31-4327. Judicial appeals from rulings of Superintendent; procedure; liability of Superintendent in proceedings.
Status: repealed

Repealed.
D.C. Code § 31-3932.10 — DC Code / Title 31 / Chapter 39A / § 31-3932.10
§ 31-3932.10. Confidentiality of examination reports; disclosure of information.
Status: in_force

(a) Except as provided in this section, all examination reports, preliminary examination reports or results, working papers, recorded information, documents, and copies of documents produced by, obtained by, or disclosed to, the Commissioner or any other person in the course of an examination made pursuant to this section shall be confidential, shall not be subject to subpoena, and shall not be made public by the Commissioner or an employee or agent of the Commissioner without the written consent of the SPFC. This subsection shall not prevent the Commissioner from using this information in furtherance of the Commissioner’s regulatory authority as provided by this subchapter. The Commissioner may grant access to this information to public officers having jurisdiction over the regulation of insurance in another state or country, or to law enforcement officers of the District or another state or agency of the federal government at any time; provided, that the officers receiving the information agree in writing to hold it in a manner consistent with this section.
(b) Information submitted pursuant to this subchapter shall be confidential and shall not be made public by the Commissioner or an agent or employee of the Commissioner without the prior written consent of the SPFC; provided, that:
  (1) Information submitted pursuant to the provisions of this subchapter shall be discoverable by a party in a civil action or contested case to which the submitting SPFC is a party upon a specific finding by the court that:
    (A) The SPFC is a necessary party to the action and not joined only for the purposes of evading the confidentiality provisions of this subchapter;
    (B) The party seeking the information demonstrates by a clear and convincing standard that the information sought is relevant, material to, and necessary for the prosecution or defense of the claim asserted in the action; and
    (C) The information sought is unavailable from other nonconfidential sources.
  (2) The Commissioner may disclose the information to the public official having jurisdiction over the regulation of insurance in another state if:
    (A) The public official agrees in writing to maintain the confidentiality of the information; and
    (B) The laws of the state in which the public official serves require the information to be confidential.
D.C. Code § 31-4403 — DC Code / Title 31 / Chapter 44 / § 31-4403
§ 31-4403. Formation — Corporate powers during completion of organization; issuance of certificate of authority.
Status: in_force

(a) The Commissioner shall examine the proposed articles and other papers so filed with him and, if he finds the same in accordance with law, he shall so certify and return the same to the Commissioner, who shall cause the articles and the certificate of the Corporation Counsel to be recorded in the records of the Commissioner and issue to the incorporators 2 certified copies thereof, one of which shall be recorded in the Office of the Recorder of Deeds for the District of Columbia, and thereupon such incorporators and their associates shall become and be a body corporate with power to sue and be sued, contract and be contracted with, adopt a seal, and do such other acts, subject to the provisions of this subdivision, as shall be needful to accomplish the purposes of its organization. If the Commissioner shall approve the sureties on the bond so filed, or on any like bond substituted therefor, he shall issue to the corporation a permit, as a “company in course of organization,” authorizing it to complete its organization. Said company in course of organization shall have authority under such permit to solicit subscriptions and payments for capital stock, if a stock company, and applications and advance premiums for insurance, and to exercise such powers, subject to the limitations in this subdivision prescribed, as may be necessary and proper in completing its organization and qualifying itself for a certificate of authority from the Commissioner to transact the business of insurance appertaining to persons. But such company shall not issue policies or enter into contracts of insurance until it shall have received the certificate of the Commissioner authorizing it so to do.
(b) Upon completion of organization in accordance with this subdivision the Commissioner shall issue to such company, in course of organization, a certificate of authority as an insurance company.
D.C. Code § 31-758 — DC Code / Title 31 / Chapter 7 / § 31-758
§ 31-758. Limitations of actions.
Status: in_force

Any action challenging the validity of, or arising out of acts taken or proposed to be taken under, this subchapter shall be commenced within 30 days after the effective date of any plan submitted for approval pursuant to this subchapter.
D.C. Code § 31-2502.12 — DC Code / Title 31 / Chapter 25 / § 31-2502.12
§ 31-2502.12. Limitations on exposure to risks or hazards.
Status: in_force

No company other than a mutual or reciprocal company doing business in the District shall expose itself to any loss on any one risk or hazard, whether located in the District or outside of the District, to an amount exceeding 10% of the sum of its capital stock and surplus. No mutual or reciprocal company shall expose itself to any loss on any one risk or hazard, whether located in the District or outside of the District, to an amount exceeding 10% of its surplus. No portion of any such risk or hazard which shall have been reinsured in a company authorized to do business in the District shall be included in determining limitation of risk; provided, that the provisions of this section shall not apply to the insurance of workmen’s compensation, employers’ liability, marine, or inland marine risks.
D.C. Code § 31-5324 — DC Code / Title 31 / Chapter 53 / § 31-5324
§ 31-5324. Annual license.
Status: in_force

Societies which are now authorized to transact business in the District, and all societies hereafter licensed, may continue such business until March 1 next succeeding April 29, 1998. The authority of the societies and all societies hereafter licensed, may thereafter be renewed annually, but in all cases to terminate on the succeeding March 1. However, a license so issued shall continue in full force and effect until a renewal of the license has been specifically refused.  For each such license or renewal the society shall pay the Commissioner a fee of $50. A duly certified copy or duplicate of the license shall be prima facie evidence that the licensee is a fraternal benefit society within the meaning of this chapter.
D.C. Code § 31-3133 — DC Code / Title 31 / Chapter 31A / § 31-3133
§ 31-3133. Retroactive denial of reimbursement.
Status: in_force

(a) A health insurer may only retroactively deny reimbursement to a health care provider:
  (1) For services subject to coordination of benefits with another health insurer during the 18-month period after the date that the health insurer paid the health care provider; or
  (2) Except as provided in paragraph (1) of this subsection, during the 6-month period after the date that the health insurer paid the health care provider.
(b) (1) A health insurer that retroactively denies reimbursement to a health care provider under subsection (a)(1) of this section shall provide the health care provider with a written statement specifying the basis for the retroactive denial. If the retroactive denial of reimbursement results from coordination of benefits, the written statement shall provide the name and address of the entity acknowledging responsibility for payment of the denied claim.
  (2) This subsection shall not apply if a health insurer retroactively denies reimbursement to a health care provider because:
    (A) The information submitted to the health insurer was fraudulent;
    (B) The information submitted to the health insurer was improperly coded and the health insurer has provided to the health care provider sufficient information regarding the coding guidelines used by the health insurer at least 30 days prior to the date the services subject to the retroactive denial were rendered; or
    (C) The claim submitted to the health insurer was a duplicate claim.
  (3) Information submitted to the health insurer may be considered to be improperly coded under paragraph (1) of this subsection if the information submitted to the health insurer by the health care provider:
    (A) Uses codes that do not conform with the coding guidelines used by the health insurer applicable as of the date that services were rendered; or
    (B) Does not otherwise conform with the contractual obligations of the health care provider to the health insurer applicable as of the date that services were rendered.
(c) If a health insurer retroactively denies reimbursement for services as a result of coordination of benefits, the health care provider shall have 180 days after the date of denial, unless the health insurer permits a longer time period, to submit a claim for reimbursement for the service to the health insurer responsible for payment.
(d) A health insurer that retroactively denies reimbursement to a health care provider under this section shall provide the health care provider with a written statement specifying the basis for the retroactive denial.
(e) This section shall not apply to an adjustment to reimbursement made as part of an annual contracted reconciliation of a risk-sharing arrangement.
D.C. Code § 31-4332 — DC Code / Title 31 / Chapter 43 / § 31-4332
§ 31-4332. Appeals from Commissioner to Mayor.
Status: in_force

Any appeals to the Mayor from rulings of the Commissioner shall be perfected and filed with the Mayor within 20 days exclusive of Sundays and legal holidays from the date such rulings are communicated to the party at interest.
D.C. Code § 31-1504 — DC Code / Title 31 / Chapter 15 / § 31-1504
§ 31-1504. Duties of insurers.
Status: in_force

(a) The insurer shall have on file an independent financial examination, in a form acceptable to the Mayor, of each managing general agent with which it has done business.
(b) If a managing general agent establishes loss reserves, the insurer shall annually obtain the opinion of an actuary attesting to the adequacy of loss reserves established for losses incurred and outstanding on business produced by the managing general agent. This is in addition to any other required loss reserve certification.
(c) The insurer shall periodically (at least semiannually) conduct an on-site review of the underwriting and claims processing operations of the managing general agent.
(d) Binding authority for all reinsurance contracts or participation in insurance or reinsurance syndicates shall rest with an officer of the insurer, who shall not be affiliated with the managing general agent.
(e) Within 30 days of entering into or terminating a contract with a managing general agent, the insurer shall provide written notification of the appointment or termination to the Mayor. Notices of appointment of a managing general agent shall include a statement of duties which the applicant is expected to perform on behalf of the insurer, the lines of insurance for which the applicant is to be authorized to act, and any other information the Mayor may request.
(f) An insurer shall review its books and records each quarter to determine if any producer has, because of § 31-1501(4) , become a managing general agent as defined in that section. If the insurer determines that a producer has become a managing general agent pursuant to the above, the insurer shall promptly notify the producer and the Mayor of the determination, and the insurer and producer shall fully comply with the provisions of this chapter within 30 days.
(g) An insurer shall not appoint to its board of directors an officer, director, employee, subproducer, or controlling shareholder of its managing general agents. This subsection shall not apply to relationships governed by Chapter 7 of this title or, if applicable, Chapter 4 of this title .
D.C. Code § 31-5330 — DC Code / Title 31 / Chapter 53 / § 31-5330
§ 31-5330. Licensing of agents.
Status: in_force

(a) Agents of societies shall be licensed in accordance with the provisions of the laws regulating the licensing, revocation, suspension, or termination of license of resident and nonresident agents. No written or other examination shall be required of a person who is certified by a society as having been its full-time agent prior to April 29, 1998.
(b) No examination or license shall be required of any regular salaried officer, employee, or member of a licensed society who devotes substantially all of his or her services to activities other than the solicitation of fraternal insurance contracts from the public, and who receives for the solicitation of such contracts no commission or other compensation directly dependent upon the amount of business obtained.
(c) Any agent, representative, or member of a society who devotes, or intends to devote, less than 50% of such person’s time to the solicitation and procurement of insurance contracts for such society shall be exempt from the requirements of subsection (a) of this section. Any person who, in the preceding calendar year, has received or will receive a commission or other compensation for soliciting and procuring the type of contracts listed in paragraphs (1) through (5) of this subsection on behalf of an individual society, shall be presumed to be devoting, or intending to devote, 50% of the person’s time to the solicitation or procurement of insurance contracts for such society:
  (1) Life insurance contracts that, in the aggregate, exceed $200,000 of coverage for all lives insured for the preceding calendar year;
  (2) A permanent life insurance contract offering more than $10,000 of coverage on an individual life;
  (3) A term life insurance contract offering more than $50,000 of coverage on an individual life;
  (4) Any insurance contracts other than life that the fraternal benefit society may write that insure the individual lives of more than 23 individuals; or
  (5) Any variable life insurance or variable annuity contract.
D.C. Code § 31-4603 — DC Code / Title 31 / Chapter 46 / § 31-4603
§ 31-4603. Severability.
Status: in_force

Should any section or provision of this subdivision be decided by the courts to be unconstitutional or invalid, the validity of this subdivision as a whole or of any part thereof other than the part decided to be unconstitutional shall not be affected.
D.C. Code § 31-1373.10 — DC Code / Title 31 / Chapter 13A / § 31-1373.10
§ 31-1373.10. Foreign investments and foreign currency exposure.
Status: in_force

(a) Subject to the limitations of § 31-1373.03 , an insurer may acquire foreign investments, or engage in investment practices with persons of or in foreign jurisdictions, of substantially the same types as those that an insurer is permitted to acquire under this chapter, other than of the type permitted under § 31-1373.05 , if, as a result and after giving effect to the investment:
  (1) The aggregate amount of foreign investments held by the insurer under this subsection does not exceed 20% of its admitted assets; and
  (2) The aggregate amount of foreign investments held by the insurer under this subsection in a single foreign jurisdiction does not exceed 10% of its admitted assets as to a foreign jurisdiction that has a sovereign debt rating of SVO 1 or 5% of its admitted assets as to any other foreign jurisdiction.
(b) (1) Subject to the limitations of § 31-1373.03 , an insurer may acquire investments, or engage in investment practices denominated in foreign currencies, whether or not they are foreign investments acquired under subsection (a) of this section, or additional foreign currency exposure as a result of the termination or expiration of a hedging transaction with respect to investments denominated in a foreign currency, if:
    (A) The aggregate amount of investments held by the insurer under this subsection denominated in foreign currencies does not exceed 15% of its admitted assets; and
    (B) The aggregate amount of investments held by the insurer under this subsection denominated in the foreign currency of a single foreign jurisdiction does not exceed 10% of its admitted as to a foreign jurisdiction that has a sovereign debt rating of SVO 1 or 5% of its admitted assets as to any other foreign jurisdiction.
  (2) For the purposes of this subsection, an investment shall not be considered denominated in a foreign currency if the acquiring insurer enters into one or more contracts in transactions permitted under § 31-1373.11 and the business entity counterparty agrees under the contract or contracts to exchange all payments made on the foreign currency denominated investment for United States currency at a rate which insulates the investment cash flow against future changes in currency exchange rates.
(c) In addition to investments permitted under subsections (a) and (b) of this section, subject to the limitations of § 31-1373.03 , an insurer that is authorized to do business in a foreign jurisdiction and that has outstanding insurance, annuity, or reinsurance contracts on lives or risks resident or located in that foreign jurisdiction and denominated in foreign currency of that jurisdiction, may acquire foreign investments respecting that foreign jurisdiction and investments denominated in the currency of that jurisdiction; provided, that investments made under this subsection in obligations of foreign governments, their political subdivisions, and government-sponsored enterprises shall not be subject to the limitations of § 31-1373.03 if those investments carry an SVO rating of 1 or 2. The aggregate amount of investments acquired by the insurer under this subsection shall not exceed the greater of:
  (1) The amount the insurer is required by law to invest in the foreign jurisdiction; or
  (2) One hundred twenty-five percent of the amount of its reserves, net of reinsurance, and other obligations under the contracts.
(d) In addition to investments permitted under subsections (a) and (b) of this section, subject to the limitations set forth in § 31-1373.03 , an insurer that is not authorized to do business in a foreign jurisdiction but which has outstanding insurance, annuity, or reinsurance contracts on lives or risks resident or located in a foreign jurisdiction and denominated in foreign currency of that jurisdiction may acquire foreign investments respecting that foreign jurisdiction and investments denominated in the currency of that jurisdiction; provided, that investments made under this subsection in obligations of foreign governments, their political subdivisions, and government-sponsored enterprises shall not be subject to the limitations of § 31-1373.03 if those investments carry an SVO rating of 1 or 2. The aggregate amount of investments acquired by the insurer under this subsection shall not exceed 105% of the amount of its reserves, net of reinsurance, and other obligations under the contracts on risks resident or located in the foreign jurisdiction.
(e) Investments acquired under this section shall be aggregated with investments of the same types made under all other sections of this chapter, and in a similar manner, for purposes of determining compliance with the limitations, if any, contained in the other sections. Investments in obligations of foreign governments, their political subdivisions, and government-sponsored enterprises of these persons, except for those exempt under subsections (c) and (d) of this section, shall be subject to the limitations of § 31-1373.03 .
D.C. Code § 31-2502.28a — DC Code / Title 31 / Chapter 25 / § 31-2502.28a
§ 31-2502.28a. Flood insurance notice requirements for the provision of homeowner’s and renter’s insurance.
Status: in_force

(a) Within 90 days of September 19, 2013, a company authorized to sell or negotiate homeowner’s or renter’s insurance in the District of Columbia shall provide a written notice that states that a standard homeowner’s or renter’s insurance policy does not cover losses from flood to:
  (1) An applicant at the time of application for a homeowner’s or renter’s insurance policy;
  (2) A policyholder at the time of each renewal of a homeowner’s or renter’s insurance policy, to accompany the renewal notice; and
  (3) On a one-time basis, a policyholder of a homeowner’s or renter’s insurance policy; provided, that a company shall not be required to provide the one-time notice to an existing policyholder if the renewal of that policyholder’s policy comes due within 90 days of the date the company began issuing the notices required by this subsection.
(b) The statement shall:
  (1) Be on a separate form;
  (2) Be titled, in at least 12-point type, “Flood Coverage Not Included in the Standard Homeowner’s or Renter’s Insurance Policy”; and
  (3) Contain, at a minimum, the following information in at least 12 point type:
    (A) Advise the applicant that flood insurance may be available for an additional premium and that a claim under a flood insurance policy may be adjusted and paid on a different basis than a claim under a homeowner’s or renter’s insurance policy;
    (B) Advise the applicant that a separate application must be completed to purchase flood insurance;
    (C) State that flood insurance may be available through the National Flood Insurance Program or other sources;
    (D) Provide the applicant with the contact information for the National Flood Insurance Program;
    (E) Advise the applicant to consult with the National Flood Insurance Program, the District Department of the Environment, the District Department of Insurance, Securities, and Banking, or the applicant’s mortgage lender about the risks of flooding and the potential costs and benefits of flood insurance; and
    (F) Advise the applicant that the statement shall not be considered a replacement for the terms of the insurance policy, shall not have the effect of altering the coverage afforded by the policy, shall not confer new or additional rights beyond those expressly provided for in the policy, and is only provided as guidance to the homeowner in understanding the terms of the insurance policy.
(c) If an application is made by telephone, the insurer is deemed to be in compliance with this section if, within 7 calendar days after the date of application, the insurer sends by mail the notice to the insured.
(d) If an application is made using the Internet, the insurer is deemed to be in compliance with this section if the insurer provides the notice to the applicant in a stand-alone format, similar to the notice requirements in subsection (b)(1), (2), and (3) of this section, before the submission of the application.
(e) The insurer’s failure to provide notice as required under this section does not create a private right of action.
D.C. Code § 31-1002 — DC Code / Title 31 / Chapter 10 / § 31-1002
§ 31-1002. Acquisition and disposition of assets.
Status: in_force

(a) No acquisition or disposition of assets need be reported pursuant to § 31-1001 if the acquisitions or dispositions are not material. For purposes of this chapter, a material acquisition (or the aggregate of any series of related acquisitions during any 30-day period) or disposition (or the aggregate of any series of related dispositions during any 30-day period) is one that is nonrecurring and not in the ordinary course of business and involves more than 5% of the reporting insurer’s total admitted assets as reported in its most recent statutory statement filed with the insurance department of the insurer’s state of domicile.
(b) (1) Asset acquisitions subject to this chapter include every purchase, lease, exchange, merger, consolidation, succession, or other acquisition other than the construction or development of real property by or for the reporting insurer or the acquisition of materials for such purpose.
  (2) Asset dispositions subject to this chapter include every sale, lease, exchange, merger, consolidation, mortgage, hypothecation, assignment (whether for the benefit of creditors or otherwise), abandonment, destruction, or other disposition.
(c) The following information is required to be disclosed in any report of a material acquisition or disposition of assets:
  (1) Date of the transaction;
  (2) Manner of acquisition or disposition;
  (3) Description of the assets involved;
  (4) Nature and amount of the consideration given or received;
  (5) Purpose of, or reason for, the transaction;
  (6) Manner by which the amount of consideration was determined;
  (7) Gain or loss recognized or realized as a result of the transaction; and
  (8) Names of the persons from whom the assets were acquired or to whom they were disposed.
(d) Insurers are required to report material acquisitions and dispositions on a nonconsolidated basis unless the insurer is part of a consolidated group of insurers which utilizes a pooling arrangement or 100% reinsurance agreement that affects the solvency and integrity of the insurer’s reserves and the insurer ceded substantially all of its direct and assumed business to the pool. An insurer is deemed to have ceded substantially all of its direct and assumed business to a pool if:
  (1) The insurer has less than $1,000,000 total direct plus assumed written premiums during a calendar year that are not subject to a pooling arrangement; and
  (2) The net income of the business not subject to the pooling arrangement represents less than 5% of the insurer’s capital and surplus.
D.C. Code § 31-1373.02 — DC Code / Title 31 / Chapter 13A / § 31-1373.02
§ 31-1373.02. Reserve requirements.
Status: in_force

(a) (1) Subject to all other limitations and requirements of this chapter, a fire, casualty, and marine insurer shall maintain an amount at least equal to 100% of adjusted loss reserves and loss adjustment expense reserves, 100% of adjusted unearned premium reserves, and 100% of statutorily required policy and contract reserves in:
    (A) Cash and cash equivalents;
    (B) High and medium grade investments that qualify under § 31-1373.04 or § 31-1373.05 ;
    (C) Equity interests that qualify under § 31-1373.06 and that are traded on a qualified exchange;
    (D) Investments of the type set forth in § 31-1373.10 if the investments are rated in the highest generic rating category by a nationally recognized statistical rating organization recognized by the SVO for rating foreign jurisdictions and if any foreign currency exposure is effectively hedged through the maturity date of the investments;
    (E) Qualifying investments of the type set forth in subparagraphs (B), (C), or (D) of this paragraph that are acquired under § 31-1373.12 ;
    (F) Interest and dividends receivable on qualifying investments of the type set forth in subparagraphs (A) through (E) of this paragraph; or
    (G) Reinsurance recoverable on paid losses.
  (2) (A) For purposes of determining the amount of assets to be maintained under this subsection, the calculation of adjusted loss reserves, loss adjustment expense reserves, adjusted unearned premium reserves, and statutorily required policy and contract reserves shall be based on the amounts reported to the Commissioner on its most recent annual or quarterly statement.
    (B) (i) Adjusted loss reserves and loss adjustment expense reserves shall be calculated as follows:
        (I) The losses and loss adjustment expenses reported by the insurer as unpaid for each accident year for each individual line of business (“unpaid losses”); multiplied by
        (II) The discount factor that is applicable to the line of business and accident year published by the Internal Revenue Service under 26 U.S.C. § 846, for the calendar year that corresponds to the most recent annual statement of the insurer; less
        (III) Accrued retrospective premiums discounted by an average discount factor, which shall be calculated by dividing the unpaid losses, discounted (as provided under sub-sub-subparagraph (II) of this sub-subparagraph), by the unpaid losses.
      (ii) For purposes of these calculations, the unpaid losses shall be net of anticipated salvage and subrogation and gross of any discount for the time value of money or tabular discount.
    (C) Adjusted unearned premium reserves shall be equal to:
      (i) The amount reported by the insurer as unearned premium reserves; less
      (ii) The admitted asset amounts reported by the insurer as:
        (I) Premiums, and agents’ balances, in the course of collection, accident and health premiums due and unpaid, and uncollected premiums for accident and health premiums;
        (II) Premiums, agents’ balances, and installments booked but deferred and not yet due; and
        (III) Bills receivable taken for premium.
    (D) Statutorily required policy and contract reserves shall include the amounts required by Chapter 19 of Title 31 .
(b) A fire, casualty, and marine insurer shall supplement its annual statement with a reconciliation and summary of its assets and reserve requirements as required under subsection (a) of this section. A reconciliation and summary showing that an insurer’s assets as required under subsection (a) of this section are at least equal to its undiscounted reserves required under subsection (a) of this section shall be sufficient to satisfy this requirement. Upon prior notification, the Commissioner may require an insurer to submit the reconciliation and summary with any quarterly statement filed during the calendar year.
(c) If a fire, casualty, and marine insurer’s assets and reserves is not in compliance with subsection (a) of this section, the insurer shall notify the Commissioner immediately of the amount by which the reserve requirements exceed the annual statement value of the qualifying assets, explain why the deficiency exists, and, within 30 days of the date of the notice, propose a plan of action to remedy the deficiency.
(d) (1) If the Commissioner determines that an insurer is not in compliance with subsection (a) of this section, the Commissioner shall require the insurer to eliminate the condition causing the noncompliance within a specified time from the date that the notice of the Commissioner’s requirement is mailed or delivered to the insurer.
  (2) If an insurer fails to comply with the Commissioner’s requirement under paragraph (1) of this subsection, the insurer shall be deemed to be in hazardous financial condition and the Commissioner shall take one or more of the actions authorized by law as to insurers in hazardous financial condition.
D.C. Code § 31-1345 — DC Code / Title 31 / Chapter 13 / § 31-1345
§ 31-1345. Reopening liquidation.
Status: in_force

After the liquidation proceeding has been terminated and the liquidator discharged, the Commissioner or other interested party may at any time petition the Superior Court of the District of Columbia to reopen the proceedings for good cause, including the discovery of additional assets. If the court is satisfied that there is justification for reopening, it shall so order.
D.C. Code § 31-3311.03a — DC Code / Title 31 / Chapter 33A / § 31-3311.03a
§ 31-3311.03a. Essential health benefits.
Status: in_force

(a) Consistent with federal law, the Commissioner, with the approval of the Executive Board of the Health Benefit Exchange Authority, shall, by rule, select the benchmark plan for the individual and small group market for purposes of establishing the essential health benefits in the District pursuant to section 1302 of the Affordable Care Act.
(b) If the essential health benefits benchmark plan for the individual and small group market does not include all of the benefit categories specified by section 1302 of the Affordable Care Act, or a need exists to add additional benefits, the Commissioner, with the approval of the Executive Board of the Health Benefit Exchange Authority, may, by rule, supplement the benchmark plan benefits as needed so long as the benchmark plan meets the minimum requirements of section 1302 of the Affordable Care Act.
(c) (1) A health plan offering the required essential health benefits for the individual and small group markets, other than a health plan offered through the federal basic health program or Medicaid, may not be offered in the District unless the Commissioner determines that it is substantially equal to the benchmark plan.
  (2) When making this determination, the Commissioner shall:
    (A) Ensure that the plan covers the essential health benefits categories specified in section 1302 of the Affordable Care Act; and
    (B) Consider whether the health plan has a benefit design that would create a risk of biased selection based on health status and whether the health plan contains meaningful scope and level of benefits in each of the 10 essential health benefit categories specified by section 1302 of Affordable Care Act.
(d) (1) Except as provided in paragraph (2) of this subsection, notwithstanding any other provision of benefits mandated by District law, the benchmark plan adopted by the Commissioner shall be the benefits required in all health benefit plans offered in the individual and small group markets.
  (2) Grandfathered health plans, as defined in section 1251 of the Affordable Care Act, shall be exempt from complying with the requirements of the benchmark plan.
D.C. Code § 31-2502.43 — DC Code / Title 31 / Chapter 25 / § 31-2502.43
§ 31-2502.43. Appeals from Commissioner to Mayor.
Status: repealed

Repealed.
D.C. Code § 31-4302 — DC Code / Title 31 / Chapter 43 / § 31-4302
§ 31-4302. Collection of charges and fees.
Status: in_force

(a) All charges and fees provided for in this section shall be collected by the Commissioner and made payable to the District of Columbia.
(b) For filing charter or articles of incorporation or association, or deed of settlement or copy thereof, required by law, $300; for each company certificate of authority, $200, renewal fee, $200; for license of each general agent, $100, renewal fee, $100; for license of each agent, or solicitor, $50, renewal fee $50; for license of each broker, $100, renewal fee, $100. For each appointment fee for each agent, general agent, or each solicitor, $25 fee, $25 renewal fee; provided, however, that beginning October 1, 1994, the license and renewal fee of each general agent, agent or solicitor, and broker shall be payable biennially in accordance with the rulemaking procedures in section 3(a)(2).
(c) The Mayor may amend all fees referred to in this chapter by rulemaking pursuant to subchapter I of Chapter 5 of Title 2 .
D.C. Code § 31-3516 — DC Code / Title 31 / Chapter 35 / § 31-3516
§ 31-3516. Conversion to a mutual company.
Status: in_force

A corporation issued a certificate of authority under this chapter shall not be converted into a mutual insurance company.
D.C. Code § 31-3862 — DC Code / Title 31 / Chapter 38D / § 31-3862
§ 31-3862. Private reimbursement.
Status: in_force

(a) A health insurer offering a health benefits plan in the District may not deny coverage for a healthcare service on the basis that the service is provided through telehealth if the same service would be covered when delivered in person.
(b) A health insurer shall reimburse the provider for the diagnosis, consultation, or treatment of the insured when the service is delivered through telehealth.
(c) A health insurer shall not be required to:
  (1) Reimburse a provider for healthcare service delivered through telehealth that is not a covered under the health benefits plan; and
  (2) Reimburse a provider who is not a covered provider under the health benefits plan.
(d) A health insurer may require a deductible, copayment, or coinsurance amount for a healthcare service delivered through teleheath; provided, that the deductible, copayment, or coinsurance amount may not exceed the amount applicable to the same service when it is delivered in person.
(e) A health insurer shall not impose any annual or lifetime dollar maximum on coverage for telehealth services other than an annual or lifetime dollar maximum that applies in the aggregate to all items and services under the health benefits plan.
(f) Nothing in this chapter shall preclude the health insurer from undertaking utilization review to determine the appropriateness of telehealth as a means of delivering a healthcare service; provided, that the determinations shall be made in the same manner as those regarding the same service when it is delivered in person.
D.C. Code § 31-2709 — DC Code / Title 31 / Chapter 27 / § 31-2709
§ 31-2709. Violations.
Status: in_force

Any company, broker, or agent guilty of violating any of the provisions of this chapter or any order, rule, or regulation issued pursuant to this chapter shall be subject to the provisions of §§ 31-2502.03 and 31-2502.36 [repealed], respectively.
D.C. Code § 31-1102 — DC Code / Title 31 / Chapter 11 / § 31-1102
§ 31-1102. Definitions.
Status: in_force

For the purposes of this chapter:
(1) The term “insurance premium finance company” means a person engaged in the business of entering into insurance premium finance agreements.
(2) The term “premium finance agreement” means an agreement by which an insured or prospective insured promises to pay to a premium finance company the amount advanced or to be advanced under the agreement to an insurer or to an insurance agent or broker in payment of premiums on an insurance contract together with a service charge as authorized and limited by this chapter.
(3) The term “licensee” means a premium finance company holding a license issued by the Commissioner under this chapter.
D.C. Code § 31-306 — DC Code / Title 31 / Chapter 3 / § 31-306
§ 31-306. Consolidated or combined audits.
Status: in_force

An insurer may make written application to the Mayor for approval to file audited consolidated or combined financial statements in lieu of separate annual audited financial statements if the insurer is part of a group of insurance companies which utilizes a pooling or 100% reinsurance agreement that affects the solvency and integrity of the insurer’s reserves and the insurer cedes all of its direct and assumed business to the pool. In these cases, a column consolidating or combining worksheet shall be filed with the report, as follows:
(1) Amounts shown on the consolidated or combined audited financial report shall be shown on the worksheet.
(2) Amounts for each insurer subject to this section shall be stated separately.
(3) Noninsurance operations may be shown on the worksheet on a combined or individual basis.
(4) Explanations of consolidating and eliminating entries shall be included.
(5) A reconciliation shall be included of any differences between the amounts shown in the individual insurer columns of the worksheet and comparable amounts shown on the annual statements of the insurers.
D.C. Code § 31-2706 — DC Code / Title 31 / Chapter 27 / § 31-2706
§ 31-2706. Filing requirements of organizations of companies; unfair practices; supervision of rating organizations.
Status: repealed

Repealed.
D.C. Code § 31-4121.01 — DC Code / Title 31 / Chapter 41A / § 31-4121.01
§ 31-4121.01. Definitions.
Status: in_force

For the purposes of this chapter , the term:
(a) (1) "Commissioner" means the Commissioner of the Department of Insurance, Securities and Banking.
  (2) "Department" means the Department of Insurance, Securities and Banking.
  (3) "Holding Company System Act" means subchapter I of Chapter 7 of this title .
  (4) "Insurance group" means those insurers and affiliates included within an insurance holding company system as defined in § 31-701(4) .
  (5) "Insurer" means the same as provided in § 31-301(3) ; except, that it shall not include, agencies, authorities, or instrumentalities of the United States, its possessions and territories, the Commonwealth of Puerto Rico, the District of Columbia, or a state or political subdivision of a state.
  (6) "Own Risk and Solvency Assessment" or "ORSA" means a confidential internal assessment appropriate to the nature, scale, and complexity of an insurer or insurance group, conducted by that insurer or insurance group, of the material and relevant risks associated with the insurer or insurance group's current business plan and the sufficiency of capital resources to support those risks.
  (7) "ORSA Guidance Manual" means the current version of the Own Risk and Solvency Assessment Guidance Manual developed and adopted by NAIC.
  (8) "ORSA Summary Report" means a confidential high-level summary of an insurer's or insurance group's ORSA.
  (9) "NAIC" means the National Association of Insurance Commissioners.
D.C. Code § 31-3931.03 — DC Code / Title 31 / Chapter 39A / § 31-3931.03
§ 31-3931.03. Organizational requirements for transacting business; incorporation.
Status: in_force

(a) A captive insurer may be organized in the District in any form of authorized by the Commissioner.
(a-1) The articles of incorporation of a captive insurer shall become effective when approved by the Commissioner.
(b) The articles of incorporation or organizational documents of a captive insurer shall satisfy the following minimum requirements:
  (1) The capital stock of a captive insurer incorporated as a stock insurer shall be issued at not less than par value;
  (2) The captive insurer shall not have less than 2 incorporators or organizers;
  (3) The articles of association, articles of incorporation, articles of organization, charter, or bylaws of a captive insurer shall require a quorum of the board of directors that consists of more than 1/3 of the number of directors prescribed by the articles of association, articles of incorporation, articles of organization (or equivalent organizational document), charter, or bylaws; and
  (4) Any additional provisions that the Commissioner considers necessary.
(c) The Commissioner may, at the request of the captive insurer, issue a certificate of good standing and charge a fee for each certificate in an amount to be established by the Commissioner.
(d) An attorney-in-fact of a reciprocal captive insurer may be organized in the District in any form of business, including as an individual, authorized by the Commissioner.
(e) A captive insurer organized in the District shall have the privileges of, and shall be subject to, the provisions of Chapters 1, 2, 3, 4, and 8 of Title 29. If the provisions of this chapter conflict with the general provisions of Title 29, the provisions of this chapter shall control.
(f) The Commissioner may regulate the manager of a captive insurer.
D.C. Code § 31-3506.01 — DC Code / Title 31 / Chapter 35 / § 31-3506.01
§ 31-3506.01. Compliance and implementation of community health reinvestment obligations.
Status: in_force

(a) A corporation shall make available to the Commissioner such information as may be required to permit the Commissioner to verify the corporation’s community health reinvestment and, if appropriate, its compliance with its plan to dedicate excess surplus or to verify that the corporation is participating in a public-private partnership. When verifying the community health reinvestment or the corporation’s compliance with its plan, or when verifying the corporation’s participation in a public-private partnership the Commissioner may retain attorneys, appraisers, independent actuaries, independent certified public accountants, or other professionals, the cost of which shall be borne by the corporation.
(b) In implementing the provisions of the Medical Insurance Empowerment Amendment Act of 2008 [ D.C. Law 17-369 ], the Commissioner shall consider the interests and needs of the jurisdictions in the corporation’s service area.
D.C. Code § 31-5322 — DC Code / Title 31 / Chapter 53 / § 31-5322
§ 31-5322. Valuation standards for certificates.
Status: in_force

(a) Standards of valuation for certificates issued prior to one year after April 29, 1998 shall be those provided by the laws applicable immediately prior to April 29, 1998.
(b) (1) The minimum standards of valuation for certificates issued on or after one year from April 29, 1998 shall be based on the following tables:
    (A) For certificates of life insurance, the Commissioner’s 1941 Standard Ordinary Mortality Table, the Commissioner’s 1941 Standard Industrial Table, the Commissioner’s 1958 Standard Ordinary Mortality Table, the Commissioner’s 1980 Standard Mortality Table, or any more recent table made applicable to life insurers in the District; and
    (B) For annuity and pure endowment certificates, for total and permanent disability benefits, for accidental death benefits, and for noncancelable accident and health benefits, such tables as are authorized for use by life insurers in the District.
  (2) The valuation methods and standards (including interest assumptions) set forth in paragraph (1) of this subsection shall be in accordance with the laws of the District applicable to life insurers issuing policies containing like benefits.
(c) The Commissioner may, in his or her discretion, accept other standards for valuation if the Commissioner finds that the reserves produced thereby will not be less in the aggregate than reserves computed in accordance with the minimum valuation standard herein prescribed. The Commissioner may, in his or her discretion, vary the standards of mortality applicable to all benefit contracts on substandard lives or other extra hazardous lives by any society authorized to do business in the District.
(d) Any society, with the consent of the Commissioner of the state of domicile of the society and under such conditions, if any, which the Commissioner may impose, may establish and maintain reserves on its certificates in excess of the reserves required thereunder, but the contractual rights of any benefit member shall not be affected thereby.
D.C. Code § 31-3752 — DC Code / Title 31 / Chapter 37 / § 31-3752
§ 31-3752. Applicability and scope.
Status: repealed

Repealed.
D.C. Code § 31-3303.02 — DC Code / Title 31 / Chapter 33 / § 31-3303.02
§ 31-3303.02. Availability of health benefit plans to small employers.
Status: in_force

In order to ensure the broadest availability of health benefit plans to small employers, the Commissioner shall set market conduct and other requirements for health insurers, agents, and third-party administrators, including requirements relating to the following:
(1) Registration with the Commissioner by each group health insurer offering group health insurance coverage of its intention to offer health insurance coverage in the small group market under this subchapter;
(2) Publication by the Commissioner of a list of all health insurers who offer coverage in the small group market, including a potential requirement applicable to agents, third-party administrators, and health insurers that no health benefit plan may be sold to a small employer by a health insurer not identified as a health insurer in the small group market;
(3) The availability of a broadly publicized telephone number for the Department of Insurance, Securities, and Banking for access by small employers to information concerning this subchapter; and
(4) Methods concerning periodic demonstration by health insurers offering group health insurance coverage that they are marketing and issuing health benefit plans to small employers.
D.C. Code § 31-5109 — DC Code / Title 31 / Chapter 51 / § 31-5109
§ 31-5109. Claims.
Status: in_force

(a) All claims shall be paid either by draft drawn upon the insurance company or by check of the insurance company to the order of the claimant to whom payment of the claim is due pursuant to the policy provisions, or upon direction of such claimant to one specified, and every insurance company shall be held to strict settlement of all such claims.
(b) It shall be unlawful for any creditor, having received any such check or draft from such insurance company, to fail to correctly credit the account, pay to or upon the direction of, or otherwise correctly account to the claimant to whom payment is due for the full amount of such check or draft, less any lawful deductions therefrom.
(c) No plan or arrangement shall be used whereby any person, firm, or corporation other than the insurance company or its designated claim representative shall be authorized to settle or adjust claims. The creditor shall not be designated as claim representative for the insurance company in adjusting claims, nor, in the case of an individual creditor, shall the spouse of such creditor or any relative of the creditor or spouse within the 3rd degree of consanguinity be so designated, nor shall any officer or employee of a corporate creditor or any spouse or relative of such officer, employee, or spouse within the 3rd degree of consanguinity be so designated; provided, that a group policyholder may, by arrangement with the group insurance company, draw drafts or checks in payment of claims due to the group policyholder subject to audit and review by the insurance company.
D.C. Code § 31-651.02 — DC Code / Title 31 / Chapter 6B / § 31-651.02
§ 31-651.02. Electronic notices and documents.
Status: in_force

(a) An insurance document may be delivered, stored, and presented by electronic means; provided, that it meets the requirements of Chapter 49 of Title 28 .
(b) Delivery of an insurance document in accordance with this section shall be considered the equivalent to any delivery method required under applicable law, including delivery by first class mail; first class mail, postage prepaid; certified mail; certificate of mail; or certificate of mailing.
(c) An insurance document may be delivered by electronic means to a party under this section if:
  (1) The party has affirmatively consented to that method of delivery and has not withdrawn consent to such delivery;
  (2) The party, before giving consent, is provided with a clear and conspicuous statement informing the party:
    (A) Of the right or option of the party to have an insurance document provided or made available in paper or another non-electronic form;
    (B) The right of the party to withdraw consent to have an insurance document delivered by electronic means and of any conditions or consequences that may be imposed on the party if consent is withdrawn;
    (C) That no fees may be imposed as a condition or consequence of withdrawal of consent;
    (D) As to whether the party’s consent applies only to the particular transaction or to identified categories of insurance documents that may be delivered by electronic means during the course of the relationship between the sender of the insurance documents and the party;
    (E) Of the means, after consent for delivery by electronic means is given, by which a party may also obtain a paper copy of an insurance document and a statement that no fee shall be imposed for providing the requested paper copy; and
    (F) Of the procedure a party must follow to withdraw consent to have any or all insurance documents delivered by electronic means and of how to update information needed to contact the party electronically;
  (3) The party:
    (A) Before giving consent, is provided with a statement of the hardware and software requirements for access to and retention of an insurance document delivered by electronic means; and
    (B) Consents electronically, or confirms consent electronically, in a manner that reasonably demonstrates that the party can access information in the electronic form that will be used for insurance documents delivered by electronic means; and
  (4) After consent of the party is given, in the event a change in the hardware or software requirements needed to access or retain an insurance document delivered by electronic means creates a material risk that the party will not be able to access or retain a subsequent insurance document to which the party’s consent applies, the insurer:
    (A) Provides the party with a statement regarding the revised hardware and software requirements that will be necessary for access to and retention of an insurance document delivered by electronic means and of the right of the party to withdraw consent without the imposition of any fee, condition, or consequence that was not disclosed under paragraph (2)(B) of this subsection; and
    (B) Complies with paragraph (2) of this subsection.
(d) This section shall not affect requirements related to content or timing of any insurance document required under applicable law.
(e) If a provision of this chapter or applicable law requiring an insurance document to be provided to a party expressly requires verification or acknowledgement of receipt of the insurance document, the insurance document may be delivered by electronic means only if the method used provides for verification or acknowledgement of receipt.
(f) The legal effectiveness, validity, or enforceability of any contract or policy of insurance executed by a party shall not be denied solely because of the failure to obtain electronic consent or confirmation of consent of the party in accordance with subsection (c)(3)(B) of this section.
(g) (1) A withdrawal of consent by a party does not affect the legal effectiveness, validity, or enforceability of an insurance document delivered by electronic means to the party before the withdrawal of consent is effective.
  (2) A withdrawal of consent by a party is effective within a reasonable period of time after receipt by the insurer of a party’s withdrawal of consent that insurance documents may be delivered by electronic means.
  (3) Failure by an insurer to comply with subsection (c)(4) of this section may be treated, at the election of the party, as a withdrawal of consent pursuant to this section.
(h) This section does not apply to an insurance document delivered by an insurer in an electronic form to a party who before March 10, 2015, had consented to receive notices or documents pertaining to an insurance transaction in an electronic form allowed by a law other than this chapter.
(i) If the consent of a party to receive certain notices or documents in an electronic form is on file with the insurer before March 10, 2015, and, pursuant to this section, an insurer intends to deliver additional notices or documents electronically, the insurer shall notify the party of:
  (1) The insurance documents that may be delivered by electronic means pursuant to this section that were not previously delivered electronically; and
  (2) The party’s right to withdraw consent to have insurance documents delivered by electronic means.
(j) (1) Except as otherwise provided by law, if an oral communication has been recorded and can be reliably stored and reproduced by an insurer, the oral communication or recording may qualify as an insurance document delivered by electronic means pursuant to this section.
  (2) If a provision of this chapter or other applicable law requires a signature or for an insurance document to be notarized, acknowledged, verified, or executed under oath, the requirement shall be satisfied if the electronic signature of the person authorized to perform the action, together with all other information required to be included, is attached to or logically associated with the signature and the insurance document.
(k) This section shall not be construed to modify, limit, or supersede the provisions of the Electronic Signatures in Global and National Commerce Act, approved June 30, 2000 (114 Stat. 464; 15 U.S.C. § 7001).
D.C. Code § 31-5726 — DC Code / Title 31 / Chapter 57 / § 31-5726
§ 31-5726. Separation of fraternal and insurance activities — Continuation and supervision of original corporation.
Status: repealed

Repealed.
D.C. Code § 31-4715 — DC Code / Title 31 / Chapter 47 / § 31-4715
§ 31-4715. Prohibited activities—Discriminations.
Status: repealed

Repealed.
D.C. Code § 31-3931.23 — DC Code / Title 31 / Chapter 39A / § 31-3931.23
§ 31-3931.23. Repeal and transition provisions.
Status: in_force

(a) Chapter 39 of this title is repealed, subject to the provisions of this section.
(b) All existing fees set forth in Chapter 39 of this title , shall remain in effect under the corresponding provisions of this chapter, and shall be applicable to protected cells, unless modified or repealed by rules promulgated by the Commissioner.
(c) All effective certificates of authority and all conditions imposed on the certificates of authority shall apply to the extent they would have applied under prior law.
(d) All captive insurers granted a certificate of authority as sponsored captive insurers under prior law shall comply with all of the provisions found in this chapter.
D.C. Code § 31-3513 — DC Code / Title 31 / Chapter 35 / § 31-3513
§ 31-3513. Reports.
Status: in_force

(a) In addition to the annual statement required by § 31-1901 , the Mayor:
  (1) May require each corporation to file on a quarterly or other basis any additional reports, exhibits, or statements the Mayor considers necessary to furnish all information concerning the condition, solvency, experience, transactions, or affairs of the corporation. The Mayor may establish deadlines for submitting any additional reports, exhibits, or statements and may require their verification by any officer or officers of the corporation the Mayor designates; and
  (2) Shall require each corporation to file annually, on or before June 1, a report, signed by 2 of its principal officers, showing:
    (A) The number of the District of Columbia contractholders and subscribers by the following type of contract or its equivalent:
      (i) Individual, open enrollment;
      (ii) Individual conversion subscribers;
      (iii) Group subscribers, as defined by regulation;
      (iv) Medigap and Medicare supplements; and
      (v) Associations;
    (B) Total subscriber income, benefit, and indemnification payments for the types of contracts listed in paragraph (1) of this subsection, with a specific breakdown by type of contract if requested by the Mayor; and
    (C) Expenditures for providing public services, in addition to open enrollment, in the District of Columbia.
D.C. Code § 31-2801 — DC Code / Title 31 / Chapter 28 / § 31-2801
§ 31-2801. Definitions.
Status: in_force

For the purposes of this chapter, the term:
(1) “Ancillary services” means standard medical procedures that are reasonably necessary for the diagnosis and treatment of a patient.
(2) “Emergency services” means:
  (A) Health care services furnished in the emergency department of a hospital for the treatment of a medical emergency;
  (B) Ancillary services routinely available to the emergency department of a hospital for the treatment of a medical emergency; and
  (C) Emergency medical services transportation.
(3) “Medical emergency” means the sudden onset or sudden worsening of a medical condition that manifests itself by symptoms of sufficient severity, including severe pain, that the absence of immediate medical attention could reasonably be expected by a prudent lay person, who possesses an average knowledge of health and medicine, to result in:
  (A) Placing the patient’s health in serious jeopardy;
  (B) Serious impairment to bodily functions; or
  (C) Serious dysfunction of any bodily organ or part.
D.C. Code § 31-6109 — DC Code / Title 31 / Chapter 61 / § 31-6109
§ 31-6109. Requirements for replacement.
Status: repealed

Repealed.
D.C. Code § 31-5315 — DC Code / Title 31 / Chapter 53 / § 31-5315
§ 31-5315. Benefits not attachable.
Status: in_force

No money or other benefit, charity, relief, or aid to be paid, provided, or rendered by any society, shall be liable to attachment, garnishment, or other process, or to be seized, taken, appropriated, or applied by any legal or equitable process or operation of law to pay any debt or liability of a member or beneficiary, or any other person who may have a right thereunder, either before or after payment by the society.
D.C. Code § 31-3514 — DC Code / Title 31 / Chapter 35 / § 31-3514
§ 31-3514. Open enrollment.
Status: repealed

Repealed.
D.C. Code § 31-4407 — DC Code / Title 31 / Chapter 44 / § 31-4407
§ 31-4407. Formation — Time limitation for issuance of policies.
Status: in_force

If any domestic life insurance company, in course or organization, shall not commence to issue policies within 2 years from the date of filing its articles of incorporation in the office of the Commissioner, its powers shall thereby cease, and the court, upon petition of the Commissioner or of any person interested, may fix by decree the time in which the Commissioner may settle and close its affairs; provided, however, that the Commissioner may extend the time for any such company to commence the issuance of policies for a period not exceeding 2 years if the said company shall show good cause in writing why the same should be done.
D.C. Code § 31-1373.11 — DC Code / Title 31 / Chapter 13A / § 31-1373.11
§ 31-1373.11. Derivative transactions.
Status: in_force

(a) An insurer may, directly or indirectly through an investment subsidiary, engage in derivative transactions under this section, subject to the requirements of this section.
(b) (1) An insurer may use derivative instruments under this section to engage in hedging transactions and certain income generation transactions, as these terms may be further defined in regulations promulgated by the Commissioner.
  (2) An insurer shall be able to demonstrate to the Commissioner the intended hedging characteristics and the ongoing effectiveness of the derivative transaction, or combination of transactions, through cash flow testing or other appropriate analyses.
(c) An insurer may enter into hedging transactions under this section if, as a result of and after giving effect to the transaction:
  (1) The aggregate statement value of options, caps, floors, and warrants not attached to another financial instrument purchased and used in hedging transactions does not exceed 7.5% of its admitted assets;
  (2) The aggregate statement value of options, caps, and floors written in hedging transactions does not exceed 3% of its admitted assets; and
  (3) The aggregate potential exposure of collars, swaps, forwards, and futures used in hedging transactions does not exceed 6.5% of its admitted assets.
(d) An insurer may enter into the following types of income generation transactions if, as a result of and after giving effect to the transactions, the aggregate statement value of the fixed income assets that are subject to call, the face value of fixed income securities underlying a derivative instrument subject to call, and the amount of the purchase obligations under the puts, do not exceed 10% of its admitted assets:
  (1) Sales of covered call options on non-callable fixed income securities, callable fixed income securities if the option expires by its terms prior to the end of the noncallable period, or derivative instruments based on fixed income securities;
  (2) Sales of covered call options on equity securities if the insurer holds in its portfolio, or can immediately acquire through the exercise of options, warrants, or conversion rights already owned, the equity securities subject to call during the complete term of the call option sold; or
  (3) Sales of covered puts on investments that the insurer is permitted to acquire under this chapter if the insurer has escrowed, or entered into a custodian agreement segregating, cash or cash equivalents with a market value equal to the amount of its purchase obligations under the put during the complete term of the put option sold.
(e) An insurer shall include all counterparty exposure amounts in determining compliance with the limitations of § 31-1373.03 .
(f) Under regulations promulgated under § 31-1375.01 , the Commissioner may approve additional transactions involving the use of derivative instruments in excess of the limits of subsection (c) of this section or for other risk management purposes under regulations promulgated by the Commissioner; provided, that replication transactions shall not be permitted for other than risk management purposes.
D.C. Code § 31-3417 — DC Code / Title 31 / Chapter 34 / § 31-3417
§ 31-3417. Powers of insurance corporations.
Status: in_force

(a) An insurance company authorized to do business in the District may, either directly or through a subsidiary or affiliate, organize and operate a health maintenance organization under the provisions of this chapter. Notwithstanding any other provisions of law, any 2 or more such insurance companies, or subsidiaries or affiliates thereof, may jointly organize and operate a health maintenance organization. The business of insurance is deemed to include the providing of health care by a health maintenance organization owned or operated by an insurer or subsidiary thereof.
(b) Notwithstanding any other provision of insurance laws, an insurer may contract with a health maintenance organization to provide insurance or similar protection against the cost of care provided through health maintenance organizations and to provide coverage in the event of the failure of a health maintenance organization to meet its obligations.
(c) The enrollees of a health maintenance organization constitute a permissible group under such laws. Among other things, under such contracts the insurer may make benefit payments to health maintenance organizations for health care services rendered by providers.
D.C. Code § 31-6011 — DC Code / Title 31 / Chapter 60 / § 31-6011
§ 31-6011. Detection and prevention of insolvencies.
Status: repealed

Repealed.
D.C. Code § 31-5231 — DC Code / Title 31 / Chapter 52A / § 31-5231
§ 31-5231. Definitions.
Status: in_force

For the purpose of this chapter, the term:
(1) “Affiliate” means:
  (A) Any person, directly or indirectly, beneficially owning (whether through rights, options, convertible interests, or otherwise), controlling, or holding power to vote 15% or more of the outstanding voting securities or other voting ownership interests of the Certified Capital Company or Certified Investor;
  (B) Any person with 15% or more of its outstanding voting securities or other voting ownership interests directly or indirectly beneficially owned (whether through rights, options, convertible interests, or otherwise), controlled, or held with power to vote by the Certified Capital Company or Certified Investor;
  (C) Any person directly or indirectly controlling, controlled by, or under common control with the Certified Capital Company or Certified Investor;
  (D) A partnership or limited liability company in which the Certified Capital Company or Certified Investor is a general partner, manager, or managing member; or
  (E) Any person who is an officer, director, employee, or agent of the Certified Capital Company or Certified Investor or an immediate family member of the officer, director, employee, or agent.
(2) “Allocation Date” means the date on which the Certified Investors of a Certified Capital Company are allocated Premium Tax Credits by the Commissioner under § 31-5234 .
(3) “Certified Capital” means an investment of cash by a Certified Investor in a Certified Capital Company that fully funds the purchase price of an equity interest in the Certified Capital Company, a Qualified Debt Instrument, or a combination of the two.
(4) “Certified Capital Company” means a partnership, corporation, trust, or limited liability company, whether organized on a profit or not for profit basis, that has as its primary business activity the investment of cash in Qualified Businesses and that is certified by the Commissioner as meeting the criteria of this chapter.
(5) “Certified Investor” means any insurance company, approved by the Commissioner, that invests Certified Capital pursuant to an allocation of Premium Tax Credits under § 31-5234 .
(6) “Commissioner” means the Commissioner of Insurance and Securities Regulation [Commissioner of the Department of Insurance, Securities, and Banking].
(7) “District” means the District of Columbia.
(8) “District Premium Tax Liability” means any liability incurred by an insurance company under § 31-205 or, in the case of a repeal or reduction by the District of the tax imposed by § 31-205 , any other tax liability incurred by an insurance company under District law.
(8A) “Economic Impact Study” means an assessment of the performance of the Certified Capital Company program that includes:
  (A) Job growth and retention in Qualified Businesses after the receipt of Qualified Investments, with reference to the following measures:
    (i) Overall number of jobs created and retained;
    (ii) Number of jobs created and retained in Tier One Qualified Businesses, Tier Two Qualified Businesses, and Tier Three Qualified Businesses; and
    (iii) A description of whether the jobs are full-time salaried, full-time hourly, part-time, or contract;
  (B) Estimates of the taxation revenue generated as the result of Qualified Investments, with specific reference to income tax, sales tax, and corporate tax; and
  (C) Comparison of each of the measures set forth in subparagraphs (A) and (B) of this paragraph among all Certified Capital Companies.
(8B) “Follow-on Investment” means any Qualified Investment that a Certified Capital Company makes in a Qualified Business that is subsequent to its Initial Investment in that Qualified Business.
(8C) “Initial Investment” means the 1st Qualified Investment that a Certified Capital Company makes in a Qualified Business after May 27, 2010.
(9) “Person” means any natural person or entity, including a corporation, general or limited partnership, trust, or limited liability company.
(10) “Premium Tax Credit” means a tax credit which may be applied against a Certified Investor’s District Premium Tax Liability under § 31-5233 .
(11) “Premium Tax Credit Allocation Request” means an application for allocation of Premium Tax Credits prepared and executed by a Certified Investor on a form provided by the Commissioner and filed by a Certified Capital Company with the Commissioner.
(11A) “Principal Business Operations” means the location where a business conducts its primary business activities, its managers and the majority of its employees work, and its material books and records are maintained.
(12) (A) “Qualified Business” means a business, except as provided in subparagraph (B) of this paragraph, that meets the following qualifications as of the time of a Certified Capital Company’s Initial Investment in the business:
    (i) (I) It is headquartered in the District, its Principal Business Operations are located in the District, and the Qualified Investment it receives is used solely to support its business operations in the District, except for advertising, promotions, and sales purposes; or
      (II) It is headquartered and has its Principal Business Operations located outside the District, certifies in an affidavit that the business will relocate its headquarters and its Principal Business Operations to the District within 90 days after its receipt of the Initial Investment by the Certified Capital Company, and the Qualified Investment it receives is used solely to support its business operations in the District, except for advertising, promotions, and sales purposes;
    (ii) At least 25% of its employees are residents of the District;
    (iii) At least 75% of its employees are employed in the District;
    (iv) It is a small business concern as defined in 13 C.F.R. § 121.201;
    (v) It certifies in an affidavit that the business is unable to obtain conventional financing, which means that the business has failed in an attempt to obtain funding for a loan from a bank or other commercial lender or that the business cannot reasonably be expected to qualify for financing under the standards of commercial lending;
    (vi) The business was not organized by a Certified Capital Company or an affiliate of a Certified Capital Company; provided, that this sub-subparagraph shall not prohibit a Certified Capital Company from providing financial, technical, or similar advice to a business before making an investment in such business;
    (vii) The business does not have an ownership interest, investment interest, compensation agreement, or similar financial relationship with a Certified Capital Company or any affiliate of a Certified Capital Company before the date on which a Certified Capital Company makes an Initial Investment in the business; provided, that this sub-subparagraph shall not prohibit a Certified Capital Company from providing financial, technical or similar advice to a business before making an investment in such business.
  (B) A business shall not be a Qualified Business if it is:
    (i) A regional or national franchise;
    (ii) Primarily engaged in real estate development or leasing projects;
    (iii) Primarily engaged in insurance; or
    (iv) Engaged in the provision of professional services by accountants, lawyers, or physicians.
(13) “Qualified Debt Instrument” means a debt instrument issued to a Certified Investor by a Certified Capital Company, at par value or a premium, with an original maturity date of at least 5 years from date of issuance and a repayment schedule which is no faster than a level principal amortization over 5 years, which does not permit the Certified Investor to receive prepayment of interest, and which contains no interest, distribution, or payment features which are related to the profitability of the issuing Certified Capital Company or the performance of its investment portfolio.
(14) “Qualified Distribution” means any distribution or payment of a Certified Capital Company in connection with the following:
  (A) Reasonable costs and expenses of forming and syndicating the Certified Capital Company, which may include the costs of financing and insuring the obligations of the Certified Capital Company; provided, that no more than one Certified Investor, or the Affiliates thereof, in the Certified Capital Company may receive a Qualified Distribution related to providing a guaranty, indemnity, bond, insurance policy, or other payment undertaking in favor of all of the Certified Investors;
  (B) Reasonable costs and expenses of managing and operating the Certified Capital Company, including reasonable and necessary fees paid for professional services (such as legal and accounting services) related to the formation and operation of the Certified Capital Company and an annual management fee in an amount that does not exceed 21/2% of the Certified Capital of the Certified Capital Company; and
  (C) Any projected increase in federal or state taxes of the direct or indirect equity holders of a Certified Capital Company resulting from the earnings or other tax liability of the Certified Capital Company to the extent that the increase is related to the direct or indirect ownership of a Certified Capital Company.
(15) “Qualified Investment” means the investment of cash by a Certified Capital Company in a Qualified Business for the purchase of any debt, debt participation, equity, or hybrid security, of any nature and description, including a debt instrument or security which has the characteristics of debt but which provides for conversion into equity or equity participation instruments, such as options or warrants; provided, that:
  (A) Any such debt instrument shall have a maturity of at least 24 months from the date the debt is incurred; and
  (B) A Certified Capital Company, after an investment and assuming the conversion and exercise of any equity participation or hybrid security, shall not own more than 49% of the voting equity of the Qualified Business.
(16) “Tier One Qualified Business” means any Qualified Business:
  (A) That did not receive a Qualified Investment prior to May 27, 2010;
  (B) That is engaged in one of the following lines of business as its primary line of business:
    (i) Healthcare services;
    (ii) Information technology;
    (iii) Environmental services/technology;
    (iv) Internet information providers;
    (v) Communication services;
    (vi) Biotechnology/research services;
    (vii) Multimedia/graphics software;
    (viii) Business management services;
    (ix) Financial services; or
    (x) Restaurant services; and
  (C) Whose Principal Business Operations are located within:
    (i) Repealed;
    (ii) The District of Columbia Enterprise Zone as defined by section 1400 of the Internal Revenue Code of 1986, approved August 5, 1997 (111 Stat. 863; 26 U.S.C. §  1400).
(17) “Tier Two Qualified Business” means any Qualified Business that did not receive a Qualified Investment prior to May 27, 2010, that is not a Tier One Qualified Business, and that is engaged in one of the lines of business set forth in paragraph (16)(B)(i) through (x) of this section as its primary line of business.
(18) “Tier Three Qualified Business” means any Qualified Business that did not receive a Qualified Investment prior to May 27, 2010, and that is not a Tier One Qualified Business or a Tier Two Qualified Business.
D.C. Code § 31-3841.01 — DC Code / Title 31 / Chapter 38C / § 31-3841.01
§ 31-3841.01. Definitions.
Status: in_force

(a) For the purposes of this chapter , the term:
  (1) "Health insurer" means a person that provides one or more health benefit plans or insurance in the District of Columbia, including an insurer, a hospital and medical services corporation, a fraternal benefit society, a health maintenance organization, a multiple employer welfare arrangement, or any other person providing a plan of health insurance subject to the authority of the Commissioner of the Department of Insurance, Securities, and Banking.
  (2) "Open enrollment period" means the yearly period during which a person can enroll in a health insurance plan.
  (3) "Special enrollment period" means any time a person has the option to enroll in or change their health insurance outside of the open enrollment period.
D.C. Code § 31-6016 — DC Code / Title 31 / Chapter 60 / § 31-6016
§ 31-6016. Proceedings involving insolvent insurers; reopening default judgments.
Status: repealed

Repealed.
D.C. Code § 31-1631.08 — DC Code / Title 31 / Chapter 16A / § 31-1631.08
§ 31-1631.08. Contracts and solicitation of contracts.
Status: in_force

(a) No licensee shall, directly or indirectly, act within the District as a public insurance adjuster without having first entered into a contract, in writing, on a form approved by the Commissioner and executed in duplicate by the public insurance adjuster and the insured or a duly authorized representative. One copy of the contract shall be kept on file by the licensee and available at all times for inspection without notice by the Commissioner.
(b) (1) An insured who contracts for the services of a public insurance adjuster shall have the right to cancel the contract until midnight on the 3rd business day after the day on which he or she signs the contract. Contracts that do not substantially conform to the requirements contained in this section shall be void. Cancellation of the contract shall be effective when mailed if the following conditions are met:
    (A) The cancellation shall be in writing, but need not take a particular form, and shall be sufficient if it indicates the intent of the person not to go forward with the representation.
    (B) The right to cancel shall be contained in the approved contract prescribed by this chapter.
  (2) The right of recession contained in this subsection shall be in addition to, and not in limitation of, any other rights of the insured.
  (3) In a commercial loss, if a contract is cancelled in accordance with this subsection, the public insurance adjuster shall be entitled to reasonable compensation for actual services rendered and costs incurred between the time the contract was entered into and the time it was cancelled.
(c) A licensee shall not solicit, or attempt to solicit, a client for employment during the progress of a loss-producing occurrence, as defined in the client’s insurance contract.
(d) A licensee shall not permit an unlicensed employee or agent in his or her own name to advertise, engage clients, furnish reports, or present bills to clients, or in any manner whatsoever to conduct business for which a license is required under this chapter.
(e) A licensee shall not charge the client a fee that exceeds 10% of the total insurance recovery of the client.
D.C. Code § 31-3233 — DC Code / Title 31 / Chapter 32 / § 31-3233
§ 31-3233. Regulations.
Status: in_force

(a) The Commissioner shall promulgate regulations to implement the provisions of this subchapter. The regulations shall include a uniform consultation referral form for use by health insurers that require enrollees or subscribers to have a written referral to receive consultation services.
(b) The Commissioner may waive the requirements of regulations adopted under subsection (a) of this section for the use of uniform consultation referral forms for an entity that uses the forms solely for internal purposes.
D.C. Code § 31-3834.02 — DC Code / Title 31 / Chapter 38B / § 31-3834.02
§ 31-3834.02. Coverage of preventive health services.
Status: in_force

(a) An individual health plan or group health plan and health insurance coverage through Medicaid or the D.C. Healthcare Alliance program shall provide coverage for, and shall not impose any cost-sharing requirements on, women for the following preventive health services and products:
  (1) (A) Breast cancer screening;
    (A-i) Adjuvant breast cancer screening, including magnetic resonance imaging, ultrasound screening, or molecular breast imaging of the breast, if:
      (i) A mammogram demonstrates a Class C or Class D breast density classification; or
      (ii) A woman is believed to be at an increased risk for cancer due to family history or prior personal history of breast cancer, positive genetic testing, or other indications of an increased risk for cancer as determined by a woman's physician or advanced practice registered nurse;
    (B) Breast feeding support, services, and supplies;
    (C) Screening for cervical cancer, including HPV testing;
    (D) Screening for gestational diabetes;
    (E) Screening and counseling for HIV;
    (F) Screening and counseling for interpersonal and domestic violence;
    (G) Screening and counseling for sexually-transmitted diseases;
    (H) Screening and counseling for Hepatitis B and C;
    (I) Well-woman preventive visits, including visits to obtain necessary preventive care, preconception care, and prenatal care;
    (J) Folic acid supplementation;
    (K) Breast cancer chemoprevention counseling and preventive medications;
    (L) Risk assessment and genetic counseling and testing using the Breast Cancer Risk Assessment tool approved by the National Cancer Institute; and
    (M) Rh incompatibility screening;
(2) Those evidence-based items or services that have in effect a rating of "A" or "B" in the recommendations of the United States Preventive Services Task Force as of September 19, 2017; and
(3) Any additional health services or products identified by rules issued pursuant to subsection (c) of this section.
(b) A health insurer and health insurance coverage through Medicaid or the D.C. Healthcare Alliance program offering health insurance coverage exclusively for prescription drugs shall provide coverage for, and shall not impose any cost-sharing requirements for women for contraceptive drugs, devices, products, and services, including those obtained over-the-counter and those prescribed and dispensed by a pharmacist pursuant to § 3-1202.08(g-1) , and the following:
  (1) Those evidence-based prescription-drug items or related services that have in effect a rating of "A" or "B" in the recommendations of the United States Preventive Services Task Force as of September 19, 2017; and
  (2) Any additional contraceptive drugs, devices, products and services identified by rules issued pursuant to subsection (c) of this section.
(c) (1) Within 30 days after March 28, 2018, the Mayor, pursuant to subchapter I of Chapter 5 of Title 2 , shall issue rules listing the items and services defined in subsections (a) and (b) of this section to be covered without imposing any cost-sharing requirements.
  (2) The Mayor shall amend the rules required by this subsection as necessary to:
    (A) Include additional preventive services or products for women or expansions of covered preventive services or products for women identified by the United States Preventive Services Task Force or the Health Resources and Services Administration of the United States Department of Health and Human Services after September 19, 2017; and
    (B) Remove items or services defined in subsections (a) and (b) of this section that a federal agency determines to pose a significant safety concern, consistent with the requirements of 45 C.F.R. § 147.130(b).
(d) For the purposes of this section, the term "breast density classification" means the 4 levels of breast density identified in the Breast Imaging Reporting and Data System established by the American College of Radiology, which are:
  (A) Class A, indicating fatty breast tissue;
  (B) Class B, indicating scattered fibroglandular breast tissue;
  (C) Class C, indicating heterogeneously dense breast tissue with fibrous and glandular tissue that are evenly distributed throughout the breast; and
  (D) Class D, indicating extremely dense breast tissue.
D.C. Code § 31-5604.03 — DC Code / Title 31 / Chapter 56 / § 31-5604.03
§ 31-5604.03. Additional exemptions.
Status: in_force

The Commissioner may, by rule or order, exempt any other security or transaction or class of securities or transactions from § 31-5603.01 , § 31-5603.07 , or § 31-5604.05 . The Commissioner may, by rule or order, adopt a limited offering transactional exemption that will further the objectives of compatibility with the exemptions from securities registration under the Securities Act of 1933 and uniformity among the states.
D.C. Code § 31-4112 — DC Code / Title 31 / Chapter 41 / § 31-4112
§ 31-4112. Binding effect of orders issued in United States District Court.
Status: in_force

An order issued by any district court of the United States enjoining a risk retention group from soliciting or selling insurance, or operating in any state, or in all states or in any territory or possession of the United States, upon finding that such a group is in hazardous financial or financially impaired condition shall be enforceable in the courts of the state.
D.C. Code § 31-207 — DC Code / Title 31 / Chapter 2 / § 31-207
§ 31-207. Required annual reports of Commissioner — Publication and distribution.
Status: in_force

After May 18, 1910, the annual reports of the Commissioner of Insurance and Securities [Commissioner of the Department of Insurance, Securities, and Banking] shall be printed and bound in 1 volume, and shall be ready for distribution not later than the 1st day of the next regular session of Congress thereafter.
D.C. Code § 31-3931.09 — DC Code / Title 31 / Chapter 39A / § 31-3931.09
§ 31-3931.09. Application requirements.
Status: in_force

(a) A captive insurer shall apply to the Commissioner for a certificate of authority. If one or more protected cells are established as separate legal entities, each protected cell shall apply for a certificate of authority. The application shall include:
  (1) A proposed copy of the organizational documents of the captive insurer if the captive insurer has not been organized, or a certified copy of the organizational documents and evidence of good standing if the captive insurer has been organized;
  (2) A pro forma financial statement for the captive insurer that has been prepared by a certified public accountant; and
  (3) Any other statements or documents that the Commissioner requires to be filed with the application.
(b) A captive insurer shall include in its application for a certificate of authority evidence of:
  (1) The amount of liquidity of its assets relative to the risks to be assumed by the captive insurer;
  (2) The expertise, experience, and character of the persons who will manage the captive insurer;
  (3) The overall soundness of the plan of operation of the captive insurer;
  (4) The adequacy of the programs that the captive insurer is providing for loss prevention by its parent or member organizations, as applicable;
  (5) Minimum capital and surplus requirements as set forth in § 31-3931.05(a) and (f) [apparently intended to be a reference to § 31-3931.09(a) and (f)]; and
  (6) Such other information considered to be relevant by the Commissioner in ascertaining whether the proposed captive insurer will be able to meet its policy obligations.
(c) An application by a captive insurer or protected cell for a certificate of authority shall include a nonrefundable application fee to be determined by the Commissioner. The Commissioner may require the applicant to retain independent legal, financial, and examination services from outside the Department to review and make recommendations regarding the applicant’s qualifications, and to submit those reports and recommendations to the Commissioner for his or her review. The cost of those services shall be paid by the applicant.
(d) If the Commissioner determines that the documents and statements filed by the captive insurer or protected cell of a captive insurer are complete and satisfy the requirements for a certificate of authority, the Commissioner shall issue a certificate of authority to the captive insurer or protected cell within 30 days. Each certificate shall be renewed each year not later than the 30th day of April succeeding the date of its issuance. The Commissioner may impose an administrative fine or penalty on a captive insurer or protected cell that fails to renew its certificate of authority before August 1. The Commissioner may suspend or revoke the certificate of authority of a captive insurer or protected cell that fails to renew its certificate of authority on or after August 1.
(e) A captive insurer shall pay a fee to be established by the Commissioner for the issuance of a certificate of authority and an annual fee to be established by the Commissioner for the renewal of its certificate of authority. A captive insurer may be required to pay a fee for one or more protected cells.
(f) A captive insurer shall include its strategic business plan with its application for the issuance of its certificate of authority. If the captive insurer intends to make any material or substantive changes to its strategic business plan, the captive insurer shall file a copy of the amended strategic business plan with the Commissioner for prior written approval.
(g) (1) Documents, materials, and other information submitted pursuant to this section shall be confidential and shall be exempt from any otherwise applicable freedom of information law, including Chapter 5 of Title 2 [ § 2-531 et seq.], public records law, public records disclosure law, or other similar statute and shall not be subject to subpoena or discovery or admissible in evidence in a private civil action, and shall not be divulged to any person except either as provided for in this subsection or with the written consent of the captive insurer or protected cell.
  (2) The Commissioner may use documents, materials, and other information submitted pursuant to this section in the furtherance of any regulatory or legal action brought as a part of the Commissioner's official duties.
  (3) To assist in the performance of the Commissioner's duties, the Commissioner may share documents, materials, or other information submitted pursuant to this section with state, federal, and international regulatory agencies, the National Association of Insurance Commissioners, including its affiliates and subsidiaries, and with state, federal, and international law enforcement authorities; provided, that the recipient agrees in writing, and has the legal authority to so agree, to maintain the confidentiality of the documents, materials, and other information.
D.C. Code § 31-5332 — DC Code / Title 31 / Chapter 53 / § 31-5332
§ 31-5332. Penalties.
Status: in_force

(a) Any person who makes a false or fraudulent statement in or relating to an application for membership or for the purpose of obtaining money from a benefit in any society shall, upon conviction, be fined not less than $100 nor more than $5,000 or be subject to imprisonment not less than 30 days nor more than one year, or both.
(b) Any person who solicits membership for, or in any manner assists in procuring membership in, any society not licensed to do business in the District shall, upon conviction thereof, be punished by a fine of not less than $50 nor more than $200, or by imprisonment for not less than 30 days nor more than one year, or both, in the discretion of the court.
(c) Any person convicted of a willful violation of, or neglect or refusal to comply with, any provision of this chapter for which a penalty is not otherwise prescribed shall, upon conviction, be punished by a fine not exceeding $5,000.
(d) Any person who willfully makes a false or fraudulent statement in any verified report or declaration under oath required or authorized by this chapter, or of any material fact or thing contained in a sworn statement concerning the death or disability of an insured for the purpose of procuring payment of a benefit named in the certificate, shall be guilty of perjury and shall be subject to the penalties prescribed by law.
D.C. Code § 31-2361.02 — DC Code / Title 31 / Chapter 23R / § 31-2361.02
§ 31-2361.02. Administration.
Status: in_force

(a) The Department shall have the authority to adopt rules that are reasonably necessary to establish an appraisal management company licensing program and implement, administer, and enforce the provisions set forth in this chapter .
(b) The Department shall charge appraisal management companies operating in the District reasonable fees to administer this chapter .  The Department's fees shall be established by rule.
(c) The Department shall perform the following functions:
  (1) Review and approve or deny an appraisal management company's application for initial registration in the District;
  (2) Periodically review and renew or review and deny an appraisal management company's registration;
  (3) Examine the books and records of an appraisal management company operating in the District and require the appraisal management company to submit reports, information, and documents;
  (4) Verify that the appraisers on the appraiser panel of an appraisal management company operating in the District hold valid District certifications or licenses, as applicable;
  (5) Conduct investigations of appraisal management companies operating in the District to assess potential violations of applicable appraisal-related laws, regulations, or orders; and
  (6) Report an appraisal management company's violation of applicable appraisal- related laws, regulations, or orders, as well as disciplinary and enforcement actions and other relevant information about the operations of an appraisal management company operating in the District.
(d) The Department shall impose requirements on appraisal management companies operating in the District that are not owned and controlled by an insured depository institution and not regulated by a federal financial institutions regulatory agency to:
  (1) Register with and be subject to supervision by the Department;
  (2) Engage only state-certified or state-licensed appraisers for federally related transactions in conformity with any federally regulated transaction regulations;
  (3) Establish and comply with processes and controls reasonably designed to ensure that the appraisal management company, in engaging an appraiser, selects an appraiser who is independent of the transaction and who has the requisite education, expertise, and experience necessary to competently complete the appraisal assignment for the particular market and property type;
  (4) Direct appraisers to perform assignments in accordance with Uniform Standards of Professional Appraisal Practice; and
  (5) Establish and comply with processes and controls reasonably designed to ensure that the appraisal management company conducts its appraisal management services in accordance with the requirements of section 129E(a)-(i) of the Truth in Lending Act, approved July 21, 2010 (124 Stat. 2187; 15 U.S.C. § 1639e(a)-(i)), and regulations thereunder.
(e) The Department shall maintain a list of the appraisal management companies that are registered in the District.
(f) The Department shall issue a unique registration number to each appraisal management company that is registered in the District pursuant to regulations or guidance promulgated by the Department.
(g) The Department shall require an appraisal management company registered in the District to place its registration number on engagement documents utilized by the appraisal management company to procure appraisal services in the District.
D.C. Code § 31-5605.04 — DC Code / Title 31 / Chapter 56 / § 31-5605.04
§ 31-5605.04. Misleading filings.
Status: in_force

A person shall not make, or cause to be made, in a document filed with the Commissioner or in any proceeding under this chapter, a statement which is, at the time and in the light of the circumstances under which it is made, false or misleading in any material respect.
D.C. Code § 31-4411 — DC Code / Title 31 / Chapter 44 / § 31-4411
§ 31-4411. Decrease of capital stock.
Status: in_force

A company may, with the approval of the Commissioner, amend its articles of incorporation by providing for a decrease of its capital stock and a corresponding increase in surplus to an amount not less than the minimum capital stock and surplus required by this subdivision. The Commissioner shall not approve or issue his certified copy of such amendment if he be of the opinion that the interests of policyholders or creditors may be prejudiced thereby. No distribution of the assets of the company shall be made to stockholders upon any such decrease of capital stock which shall reduce the surplus and capital stock to less than the minimum capital stock and surplus required as aforesaid. Upon any such amendment so decreasing the capital stock such company may require each stockholder to return his certificate of stock and accept a new certificate for such proportion of the amount of its original capital stock as the reduced capital stock shall bear to the original capital stock.
D.C. Code § 31-5041.12 — DC Code / Title 31 / Chapter 50B / § 31-5041.12
§ 31-5041.12. Applicability; construction.
Status: in_force

(a) This chapter shall:
  (1) Apply to all persons engaged in the business of title insurance in the District;
  (2) Supplement the provisions of Chapter 11A of this title [ § 31-1131.01 et seq.].
(b) This chapter shall not:
  (1) Except as otherwise provided, limit the application of any insurance law codified in this  title; or
  (2) Limit or restrict the rights of policyholders, claimants, and creditors.
(c) If there is a conflict between a provision of this chapter and any other act relating to insurance which is codified in this title, including Chapter 11A of this title [ § 31-1131.01 et seq.], this chapter shall apply.
(d) This chapter shall apply as of January 1, 2011, and to all transactions entered into after January 1, 2011.
D.C. Code § 31-3511 — DC Code / Title 31 / Chapter 35 / § 31-3511
§ 31-3511. Surplus notes.
Status: in_force

(a) A domestic corporation may borrow or assume a liability for the repayment of a sum of money under a written agreement which provides that the loan or advance shall be repaid only out of surplus of the corporation in excess of such minimum surplus as is stipulated in and by the agreement and if the surplus of the corporation after such payment would meet or exceed the level of surplus the corporation is required to maintain by the Mayor under the laws or regulations of the District of Columbia. The rate of interest specified in such an agreement may be adjusted no more frequently than annually to provide for a rate not exceeding the one-year treasury bill rate plus 3% at the time of adjustment. At the time the loan or advance is made, the interest rate shall not exceed the one-year treasury bill rate plus 3% annum.
(b) Subject to approval by the Mayor, the interest rate on all loans or advances existing on April 9, 1997 can be amended to the rate as permitted in this section with the mutual agreement of the corporation and the lender.
(c) A domestic corporation shall, before entering into an agreement for a loan or advance permitted under this section, file with the Mayor a statement of the purpose of the loan or advance and a copy of the proposed agreement. The Mayor shall disapprove any proposed agreement for a loan or advance if the Mayor finds that the loan or advance is unnecessary or excessive for the purpose intended; that the terms of the agreement are not fair and equitable to the parties and to other lenders, if any, to the corporation; that the information so filed by the corporation is inadequate; or that the terms of the agreement are not otherwise in compliance with this section.
(d) Any loan or advance to a domestic corporation shall be repaid by the corporation when, and to the extent, no longer reasonably necessary for the purpose originally intended; provided, that no repayment of such a loan or advance shall be made unless approved in advance by the Mayor.
(e) Nothing in this section shall be construed to mean that a corporation may not borrow money otherwise than by a loan or advance, but the amount so borrowed with accrued interest thereon shall be carried by the corporation as a liability.
D.C. Code § 31-2351.06 — DC Code / Title 31 / Chapter 23M / § 31-2351.06
§ 31-2351.06. Prohibited acts.
Status: in_force

(a) (1) A provider shall not use in its name the words insurance, casualty, surety, mutual, or any other words descriptive of the insurance, casualty, or surety business, or a name deceptively similar to the name or description of any insurance, casualty, or surety organization, or to the name of any other provider. The word "guaranty" or similar word may be used by a provider.
  (2) This section shall not apply to a company that was using any of the prohibited language in its name prior to 180 days after February 22, 2019; provided, that a company using the prohibited language in its name shall include in its service contracts a statement that reads in substantially the following form:
  .
(b) A provider or its representative shall not in its service contracts or literature make, permit, or cause to be made any false or misleading statement or deliberately omit any material statement that would be considered misleading if omitted.
(c) A person, such as a bank, savings and loan association, lending institution, manufacturer, or seller of any product, shall not require the purchase of a service contract as a condition of a loan or a condition for the sale of any property.
(d) A motor vehicle service contract provider or its representative shall not, directly or indirectly, represent in any manner, whether by written solicitation or telemarketing, a false, deceptive, or misleading statement with respect to:
  (1) The provider's affiliation with a motor vehicle manufacturer;
  (2) The provider's possession of information regarding a motor vehicle owner's current motor vehicle manufacturer's original equipment warranty;
  (3) The expiration of a motor vehicle owner's current motor vehicle manufacturer's original equipment warranty; or
  (4) A requirement that a motor vehicle owner register for a new motor vehicle service contract with the provider in order to maintain coverage under the motor vehicle owner's current motor vehicle service contract or manufacturer's original equipment warranty.
(e) (1) A provider or a seller shall not include an automatic renewal provision within a service contract offered in the District unless the provider or seller:
    (A) In the case of in-person or online sales, discloses the terms of the automatic renewal provision in a clear and conspicuous manner in visual proximity to the request for consent to the automatic renewal provision and the consumer consents to the terms of the automatic renewal provision through the consumer's signature or electronic acknowledgment; or
    (B) In the case of telephonic sales, on a recorded call, which shall be made available to the Department of Insurance, Securities, and Banking at its request, discloses the terms of the automatic renewal provision in a clear and conspicuous manner in temporal proximity to the request for consent to the automatic renewal provision and the consumer consents to the terms of the automatic renewal provision.
  (2) For the purposes of this subsection, "automatic renewal provision" means a provision under which a service contract is renewed for a specified period of more than one month if the renewal causes the service contract to be in effect more than 6 months after the day of the initiation of the service contract and such renewal is effective unless the consumer gives notice to the provider or administrator of the consumer's intention to terminate the service contract.
D.C. Code § 31-3175.06 — DC Code / Title 31 / Chapter 31E / § 31-3175.06
§ 31-3175.06. Rules.
Status: in_force

The Mayor, pursuant to subchapter I of Chapter 5 of Title 2 , may issue rules to implement the provisions of this chapter .
D.C. Code § 31-5401 — DC Code / Title 31 / Chapter 54 / § 31-5401
§ 31-5401. Definitions.
Status: in_force

For the purposes of this chapter, the term:
(1) “Account” means either of the 2 accounts created under § 31-5403 .
(2) “Association” means the District of Columbia Life and Health Insurance Guaranty Association created under § 31-5403 .
(2A) “Benefit plan” means a specific employee, union, or association of natural persons benefit plan.
(2B) "Board" or "Board of Directors" means the Board of Directors of the Association.
(2C) “Commissioner” means the Commissioner of the Department of Insurance, Securities, and Banking.
(3) “Contractual obligation” means any obligation under a policy or contract or certificate under a group policy or contract, or portion thereof for which coverage is provided under § 31-5402 .
(4) “Covered policy” means any policy, contract or group certificate within the scope of § 31-5402 .
(4A) “Extra-contractual claims” shall include claims relating to bad faith in the payment of claims, punitive or exemplary damages, or attorneys' fees and costs.
(4B) (A) "Health benefit plan" means a hospital or medical expense  policy or certificate, or health maintenance organization subscriber contract or any other similar health contract.
  (B) The term "health benefit plan" does not include:
    (i) Accident only insurance;
    (ii) Credit insurance;
    (iii) Dental only insurance;
    (iv) Vision only insurance;
    (v) Medicare supplement insurance;
    (vi) Benefits for long-term care, home health care, community-based care, or any combination thereof;
    (vii) Disability income insurance;
    (viii) Coverage for on-site medical clinics; or
    (ix) Specified disease, hospital confinement indemnity, or limited benefit health insurance if the types of coverage do not provide coordination of benefits and are provided under separate policies or contracts.
(5) “Impaired insurer” means a member insurer which, after July 22, 1992, is not an insolvent insurer, and (A) is deemed by the Mayor to be potentially unable to fulfill its contractual obligations, or (B) is placed under an order of rehabilitation or conservation by a court of competent jurisdiction.
(6) “Insolvent insurer” means a member insurer which, after July 22, 1992, is placed under an order of liquidation by a court of competent jurisdiction with a finding of insolvency.
(7) “Mayor” means the Mayor of the District of Columbia or the Mayor’s designee.
(8) (A) "Member insurer" means:
    (i) An insurer or health maintenance organization licensed or holding a certificate of authority in the District of Columbia to sell any kind of insurance or health maintenance organization business for which coverage is provided under § 31-5402 ;
    (ii) An insurer or health maintenance organization whose license or certificate of authority in the District has been suspended, revoked, not renewed, or voluntarily withdrawn; and
    (iii) The Group Hospital and Medical Services, Inc.
  (B) The term "member insurer" does not include:
    (i) A fraternal benefit society;
    (ii) A mandatory state pooling plan;
    (iii) A mutual assessment company or any entity that operates on an assessment basis;
    (iv) A risk retention group;
    (v) An insurance exchange;
    (vi) An organization that has a certificate or license limited to the issuance of charitable gift annuities; or
    (vii) Any entity similar to any of the above.
(9) “Moody’s Corporate Bond Yield Average” means the Monthly Average Corporates as published by Moody’s Investors Services, Inc., or any successor thereto.
(9A) “Owner” of a policy or contract and “policy owner” and “contract owner” mean the person who is identified as the legal owner under the terms of the policy or contract or who is otherwise vested with legal title to the policy or contract through a valid assignment completed in accordance with the terms of the policy or contract and properly recorded as the owner on the books of the insurer, and does not include persons with a mere beneficial interest in a policy or contract.
(10) “Person” means any individual, corporation, partnership, association, or voluntary organization.
(10A) “Plan sponsor” means:
  (A) The employer in the case of a benefit plan established or maintained by a single employer;
  (B) The employee organization in the case of a benefit plan established or maintained by an employee organization; or
  (C) In the case of a benefit plan established or maintained by 2 or more employers or jointly by one or more employers and one or more employee organizations, the association, committee, joint board of trustees, or other similar group of representatives of the parties who establish or maintain the benefit plan.
(11) “Premiums” means amounts (or consideration by whatever name called) received on covered policies or contracts, or for the portions of policies or contracts, less premiums, considerations, deposits returned, dividends, and experience credits. The term “premiums” shall not include:
  (A) Any amounts received for policies or contracts for which coverage is not provided under § 31-5402(b) , except that assessable premiums shall not be reduced on account of § 31-5402(b)(2)(C) relating to interest limitations, and § 31-5402(c)(2) relating to limitations with respect to any one individual, any one participant, and any one contract holder; or
  (B) With respect to multiple non-group policies of life insurance owned by one owner, whether the policy owner is an individual, firm, corporation, or other person, and whether the persons insured are officers, managers, employees or other persons, premiums in excess of $ 5,000,000 with respect to these policies or contracts, regardless of the number of policies or contracts held by the owner.
(11A) (A) “Principal place of business” means the single state in which the natural persons who establish the policy for the direction, control, and coordination of the operations of the entity as a whole primarily exercise that function, determined by the Association in its reasonable judgment by considering the following factors:
    (i) The state in which the primary executive and administrative headquarters of the entity is located;
    (ii) The state in which the principal office of the chief executive officer of the entity is located;
    (iii) The state in which the entity’s board of directors (or similar governing person or persons) conducts the majority of its meetings;
    (iv) The state in which the executive or management committee of the entity’s board of directors (or similar governing person or persons) conducts the majority of its meetings;
    (v) The state from which the management of the overall operations of the entity is directed; and
    (vi) In the case of a benefit plan sponsored by affiliated companies comprising a consolidated corporation, the state in which the holding company or controlling affiliate has its principal place of business as determined using the factors set forth in sub-subparagraphs (i) through (v) of this subparagraph; provided, that in the case of a plan sponsor, if more than 50% of the participants in the benefit plan are employed in a single state, that state shall be deemed to be the principal place of business of the plan sponsor.
  (B) The principal place of business of a plan sponsor of a benefit plan described in paragraph (10A)(C) of this section shall be deemed to be the principal place of business of the association, committee, joint board of trustees, or other similar group of representatives of the parties who establish or maintain the benefit plan that, in lieu of a specific or clear designation of a principal place of business, shall be deemed to be the principal place of business of the employer or employee organization that has the largest investment in the benefit plan in question.
(11B) “Receivership court” means the court in the insolvent or impaired insurer’s state having jurisdiction over the conservation, rehabilitation, or liquidation of the insurer.
(12) “Resident” means any person who resides in the District of Columbia on the date of the entry of a court order determining a member insurer to be an impaired insurer or an insolvent insurer, and to whom the member insurer owes a contractual obligation. A person may reside in only one state, which, in the case of a person other than a natural person, shall be its principal place of business. Citizens of the United States that are either residents of foreign countries, or residents of United States possessions, territories, or protectorates that do not have an association similar to the Association established by this chapter, shall be deemed residents of the state of domicile of the insurer that issued the policies or contracts.
(12A) “State” means a state, the District of Columbia, Puerto Rico, or a United States possession, territory, or protectorate.
(12B) “Structured settlement annuity” means an annuity purchased in order to fund periodic payments for a plaintiff or other claimant in payment for or with respect to personal injury suffered by the plaintiff or other claimant.
(13) Repealed.
(14) “Supplemental contract” means any agreement entered into for the distribution of policy or proceeds.
(15) “Unallocated annuity contract” means an annuity contract or group annuity certificate which is not issued to and owned by an individual, except to the extent of any annuity benefits guaranteed to an individual by an insurer under the contract or certificate.
D.C. Code § 31-1801 — DC Code / Title 31 / Chapter 18 / § 31-1801
§ 31-1801. Definitions.
Status: in_force

For the purposes of this chapter, the term:
(1) “Actuary” means a person who is a member in good standing of the American Academy of Actuaries.
(2) “Controlling person” means any person, firm, association, or corporation who directly or indirectly has the power to direct, or cause to be directed, the management, control, or activities of the reinsurance intermediary.
(3) “District” means the District of Columbia.
(4) “Holding Company Act” means the Holding Company System Act of 1993, Chapter 7 of this title .
(5) “Insurer” means any person, firm, association, or corporation duly licensed in the District pursuant to the applicable provisions of District insurance law as an insurer.
(6) “Licensed producer” means an agent, broker, or reinsurance intermediary licensed pursuant to the applicable provision of insurance law.
(7) “Reinsurance intermediary” means a reinsurance intermediary-broker or a reinsurance intermediary-manager as these terms are defined in paragraphs (8) and (9) of this section.
(8) “Reinsurance intermediary-broker” (“RB”) means any person, other than an officer or employee of the ceding insurer, firm, association, or corporation who solicits, negotiates, or places reinsurance cessions or retrocessions on behalf of a ceding insurer without the authority or power to bind reinsurance on behalf of the insurer.
(9) “Reinsurance intermediary-manager” (“RM”) means any person, firm, association, or corporation that has authority to bind or manages all or part of the assumed reinsurance business of a reinsurer, including the management of a separate division, department, or underwriting office, and acts as an agent for the reinsurer whether known as a RM, manager, or other similar term. Notwithstanding the above, for the purposes of this chapter, the following persons shall not be considered a RM, with respect to such a reinsurer:
  (A) An employee of the reinsurer;
  (B) A United States manager of the United States branch of an alien reinsurer;
  (C) An underwriting manager that, pursuant to contract, manages all the reinsurance operations of the reinsurer, is under common control with the reinsurer, subject to Chapter 7 of this title , and whose compensation is not based on the volume of premiums written; or
  (D) The manager of a group, association, pool, or organization of insurers that engage in joint underwriting or joint reinsurance and who are subject to examination by the insurance commissioner or superintendent of insurance of the state in which the manager’s principal business office is located.
(10) “Reinsurer” means any person, firm, association, or corporation duly licensed in the District pursuant to the applicable provisions of insurance law of the District as an insurer with the authority to assume reinsurance.
(11) “ To be in violation” means that the reinsurance intermediary, insurer, or reinsurer for whom the reinsurance intermediary was acting failed to substantially comply with the provisions of this chapter.
(12) “Qualified United States financial institution” means an institution that:
  (A) Is organized or, in the case of a United States office of a foreign banking organization, licensed under the laws of the United States, any state, or the District;
  (B) Is regulated, supervised, and examined by United States federal, state, or District authorities having regulatory authority over banks and trust companies; and
  (C) Has been determined, by either the Mayor or the Securities Valuation Office of the National Association of Insurance Commissioners, to meet the standards of financial condition and standing considered necessary and appropriate to regulate the quality of financial institutions whose letters of credit will be acceptable to the Mayor.
D.C. Code § 31-3416 — DC Code / Title 31 / Chapter 34 / § 31-3416
§ 31-3416. Regulation of health maintenance organization producers.
Status: in_force

(a) The Commissioner shall issue rules and regulations to provide for the licensing of health maintenance organization producers. The rules shall establish:
  (1) The requirements for licensure of resident health maintenance organization producers;
  (2) The conditions for entering into reciprocal agreements with other jurisdictions for the licensure of nonresident health maintenance organization producers;
  (3) Any examination, prelicensing, or continuing education requirements;
  (4) The requirements for registering and terminating the appointment of health maintenance organization producers;
  (5) Any requirements for registering any assumed names or office locations in which a health maintenance organization producer does business;
  (6) The conditions for health maintenance organization producer license renewal;
  (7) The grounds for denial, refusal, suspension, or revocation of a health maintenance organization producer’s license;
  (8) Any required fees for the licensing activities of health maintenance organization producers; and
  (9) Any other requirement or procedure and any form as may be reasonably necessary to provide for the effective administration of the licensing of health maintenance organization producers under this section.
(b) The provisions of subsection (a) of this section shall not apply to the following:
  (1) Any regular salaried officer or employee of a health maintenance organization who devotes substantially all of his time to activities other than the taking or transmitting of applications or membership fees or premiums for health maintenance organization membership, or who receives no commission or other compensation directly dependent upon the business obtained and who does not solicit or accept from the public applications for health maintenance organization membership;
  (2) Employers or their officers or employees or the trustees of any employee benefit plan to the extent that such employers, officers, employees, or trustees are engaged in the administration or operation of any program of employee benefits involving the use of health maintenance organization memberships; provided, that such employers, officers, employees, or trustees are not in any manner compensated directly or indirectly by the health maintenance organization memberships;
  (3) Banks or their officers and employees to the extent that such banks, officers, and employees collect and remit charges, charging the same against accounts of depositors on the orders of such depositors; or,
  (4) Any person or the employee of any person who has contracted to provide administrative, management, or health care services to a health maintenance organization and who is compensated for those services by the payment of an amount calculated as a percentage of the revenues, net income or profits of the health maintenance organization, if that method of compensation is the sole basis for subjecting that person or the employee of the person to this chapter.
(c) The Commissioner may, by rule, exempt certain classes of persons from the requirements of subsection (a) of this section if:
  (1) The functions they perform do not require special competence, trustworthiness or the regulatory surveillance made possible by licensing; or,
  (2) Other existing safeguards make regulation unnecessary.
D.C. Code § 31-6001 — DC Code / Title 31 / Chapter 60 / § 31-6001
§ 31-6001. Purposes of chapter.
Status: repealed

Repealed.
D.C. Code § 31-4313 — DC Code / Title 31 / Chapter 43 / § 31-4313
§ 31-4313. Enforcement of Commissioner’s orders or actions.
Status: in_force

The Commissioner may, through the Corporation Counsel of the District, invoke the aid of any court of competent jurisdiction to enforce any order made or action taken by him in pursuance of law.
D.C. Code § 31-201 — DC Code / Title 31 / Chapter 2 / § 31-201
§ 31-201. Establishment; appointment of Superintendent and clerk.
Status: repealed

Repealed.
D.C. Code § 31-4429 — DC Code / Title 31 / Chapter 44 / § 31-4429
§ 31-4429. Election or appointment of officers; required security.
Status: in_force

There shall be a president, a secretary, and a treasurer of the company, who shall be elected by the directors; and also such subordinate officers as may be elected or appointed, and who may be required to give security for the faithful performance of the duties of their office, as this subdivision and the company by its bylaws may require.
D.C. Code § 31-3702 — DC Code / Title 31 / Chapter 37 / § 31-3702
§ 31-3702. Applicability and scope.
Status: in_force

(a) Except as otherwise specifically provided, this subchapter shall apply to:
  (1) All Medicare supplement policies delivered or issued for delivery in the District of Columbia on or after October 1, 1992; and
  (2) All certificates issued under group Medicare supplement policies, which certificates have been delivered or issued for delivery in the District of Columbia.
(b) This subchapter shall not apply to a policy for 1 or more employers or labor organizations, or of the trustees of a fund established by 1 or more employers or labor organizations, or combination thereof, for employees or former employees or a combination thereof, or for members or former members, or a combination thereof, of the labor organizations.
(c) Except as otherwise specifically provided in § 31-3706(d) [sic], the provisions of this subchapter are not intended to prohibit or apply to insurance policies or health care benefit plans, including group conversion policies, provided to Medicare eligible persons, which policies are not marketed or held to be Medicare supplement policies or benefit plans.
D.C. Code § 31-3302.03 — DC Code / Title 31 / Chapter 33 / § 31-3302.03
§ 31-3302.03. Application of financial capacity limits.
Status: in_force

(a) A health insurer may deny health insurance coverage in the individual market to an eligible individual if the health insurer has demonstrated to the satisfaction of the Commissioner that:
  (1) It does not have the financial reserves necessary to underwrite additional coverage; and
  (2) It is applying this section uniformly to all individuals in the individual market in the District of Columbia consistent with the laws of the District of Columbia and without regard to any health status-related factor of such individuals and without regard to whether the individuals are eligible individuals.
(b) A health insurer, upon denying individual health insurance coverage in the District of Columbia in accordance with subsection (a) of this section, may not offer such coverage in the individual market within the District of Columbia for a period of 180 days after the date such coverage is denied or until the health insurer has demonstrated to the satisfaction of the Commissioner that the health insurer has sufficient financial reserves to underwrite additional coverage, whichever is later.
D.C. Code § 31-905 — DC Code / Title 31 / Chapter 9 / § 31-905
§ 31-905. Adoption of revised articles of incorporation.
Status: in_force

(a) Adoption of the revised articles of incorporation of the converted stock company is necessary to implement the plan and shall be governed by the applicable provisions of District law.
(b) For a Class 1 mutual company, the members may adopt the revised articles of incorporation at the same meeting at which the members approve the plan.
(c) For a Class 2 or 3 mutual company, the revised articles of incorporation may be adopted solely by the board of directors or trustees, as provided by District law.
D.C. Code § 31-5813 — DC Code / Title 31 / Chapter 58 / § 31-5813
§ 31-5813. Judicial remedies of persons aggrieved by actions of Mayor.
Status: repealed

Repealed.
D.C. Code § 31-3303.04 — DC Code / Title 31 / Chapter 33 / § 31-3303.04
§ 31-3303.04. Reference to plan sponsor.
Status: in_force

In applying this subchapter in the case of health insurance coverage that is made available by a health insurer in the group market to employers only through one or more associations, a reference to “plan sponsor” is deemed, with respect to coverage provided to an employer member of the association, to include a reference to such employer.
D.C. Code § 31-5811 — DC Code / Title 31 / Chapter 58 / § 31-5811
§ 31-5811. Violations of chapter — Takeover of insurer by Mayor.
Status: repealed

Repealed.
D.C. Code § 31-4414 — DC Code / Title 31 / Chapter 44 / § 31-4414
§ 31-4414. Capital stock transfers.
Status: in_force

(a) The capital stock of such company shall be deemed personal estate and shall be transferable in such manner as shall be prescribed by the bylaws of the company; but no shares shall be transferable until all previous calls thereon shall have been fully paid in or the shares shall have been declared forfeited for nonpayment.
(b) A person in whose name shares of capital stock stand on the books of a company shall be deemed the owner thereof as regards the company, but if any such person shall in good faith sell or otherwise dispose of any of his shares of capital stock to another and deliver to him the certificates for such shares, with written authority for the transfer of the same on the books, the title of the former shall vest in the latter so far as may be necessary to effect the purpose of the sale or other disposition, not only as between the parties themselves but also as against the creditors of and subsequent purchasers from the former.
D.C. Code § 31-705 — DC Code / Title 31 / Chapter 7 / § 31-705
§ 31-705. Registration of insurers.
Status: in_force

(a) (1) Every insurer which is authorized to do business in the District and which is a member of an insurance holding company system shall register with the Mayor, except a foreign insurer subject to registration requirements and standards adopted by statute or regulation in the jurisdiction of its domicile which are substantially similar to those contained in the following provisions of this subchapter:
    (A) This section;
    (B) Section 31-706(a)(1), (b), and (d); and
    (C) Either § 31-706(a)(2) or a provision like the following: “Each registered insurer shall keep current the information required to be disclosed in its registration statement by reporting all material changes or additions within 15 days after the end of the month in which it learns of each change or addition.”
  (2) Any insurer which is subject to registration under this section shall register within 15 days after it becomes subject to registration, and annually thereafter by April 30 of each year, unless the Mayor for good cause shown extends the time for registration, and then within the extended time. The Mayor may require any insurer authorized to do business in the District which is a member of a holding company system, and which is not subject to registration under this section, to furnish a copy of the registration statement, the summary specified in subsection (c) of this section or other information filed by the insurance company with the insurance regulatory authority of domiciliary jurisdiction.
(b) Every insurer subject to registration shall file the registration statement on a form prescribed by the NAIC, which shall contain the following current information:
  (1) The capital structure, general financial condition, ownership, and management of the insurer and any person controlling the insurer;
  (2) The identity and relationship of every member of the insurance holding company system;
  (3) The following agreements in force, and transactions currently outstanding or which have occurred during the last calendar year between the insurer and its affiliates:
    (A) Loans, other investments, or purchases, sales, or exchange of securities of the affiliates by the insurer or of the insurer by its affiliates;
    (B) Purchases, sales, or exchange of assets;
    (C) Transactions not in the ordinary course of business;
    (D) Guarantees or undertakings for the benefit of an affiliate which result in an actual contingent exposure of the insurer’s assets to liability, other than insurance contracts entered into in the ordinary course of the insurer’s business;
    (E) All management agreements, service contracts, and all cost-sharing arrangements;
    (F) Reinsurance agreements;
    (G) Dividends and other distributions to shareholders; and
    (H) Consolidated tax allocation agreements;
  (4) Any pledge of the insurer’s stock, including stock of any subsidiary or controlling affiliate, for a loan made to any member of the insurance holding company system;
  (4A) If requested by the Mayor, the insurer shall include financial statements of or within an insurance holding company system, including all affiliates. Financial statements may include annual audited financial statements filed with the U.S. Securities and Exchange Commission (“SEC”) pursuant to the Securities Act of 1933, approved May 27, 1933 (48 Stat. 74; 15 U.S.C. § 77a et seq.), or the Securities Exchange Act of 1934, approved June 6, 1934 (48 Stat. 881; 15 U.S.C. § 78a et seq.). An insurer required to file financial statements pursuant to this paragraph may satisfy the request by providing the Mayor with the most recently filed parent corporation financial statements that have been filed with the SEC;
  (5) Other matters concerning transactions between registered insurers and any affiliates as may be included from time to time in any registration forms adopted or approved by the Mayor;
  (6) Statements that the insurer’s board of directors oversees corporate governance and internal controls and that the insurer’s officers or senior management have approved, implemented, and continue to maintain and monitor corporate governance and internal control procedures; and
  (7) Any other information required by the Mayor by rule or regulation.
(c) All registration statements shall contain a summary outlining all items in the current registration statement which are different from the prior registration statement.
(d) No information need be disclosed on the registration statement filed pursuant to subsection (b) of this section if the information is not material for the purposes of this section. Unless the Mayor by rule, regulation, or order provides otherwise, sales, purchases, exchanges, loans or extensions of credit, investments, or guarantees involving one-half of 1% or less of an insurer’s admitted assets as of the 31st day of December next preceding shall not be deemed material for purposes of this section.
(e) Subject to § 31-706(b) , each registered insurer shall report to the Mayor all dividends and other distributions to shareholders within 15 business days following their declaration.
(f) Any person within an insurance holding company system subject to registration shall be required to provide complete and accurate information to an insurer, where the information is reasonably necessary to enable the insurer to comply with the provisions of this subchapter.
(g) The Mayor shall terminate the registration of any insurer which demonstrates that it no longer is a member of an insurance holding company system.
(h) The Mayor may require or allow 2 or more affiliated insurers subject to registration to file a consolidated registration statement.
(i) The Mayor may allow an insurer which is authorized to do business in the District and which is part of an insurance holding company system to register on behalf of any affiliated insurer which is required to register under subsection (a) of this section and to file all information and material required to be filed under this section.
(j) The provisions of this section shall not apply to any insurer, information, or transaction if and to the extent that the Mayor by rule, regulation, or order shall exempt the same from the provisions of this section.
(k) Any person may file with the Mayor a disclaimer of affiliation with any authorized insurer or the disclaimer may be filed by the insurer or any member of an insurance holding company system. The disclaimer shall fully disclose all material relationships and bases for affiliation between the person and the insurer as well as the basis for disclaiming the affiliation. A disclaimer of affiliation shall be deemed to have been granted, unless the Mayor, within 30 days following receipt of a complete disclaimer, notifies the filing party that the disclaimer is disallowed. In the event of disallowance, the disclaiming party may request an administrative hearing, which shall be granted. The disclaiming party shall be relieved of its duty to register under this section if approval of the disclaimer has been granted by the Mayor or has been deemed approved.
(k-1) The ultimate controlling person of every insurer subject to registration shall also file an annual enterprise risk report. The report shall, to the best of the ultimate controlling person’s knowledge and belief, identify the material risks within the insurance holding company system that could pose enterprise risk to the insurer. The report shall be filed with the lead state commissioner of the insurance holding company system as determined by the procedures within the Financial Analysis Handbook adopted by the National Association of Insurance Commissioners.
(l) The failure to file a registration statement or any summary of the registration statement or enterprise risk filing required by this section within the time specified for such a filing shall be a violation of this section.
D.C. Code § 31-6204 — DC Code / Title 31 / Chapter 62 / § 31-6204
§ 31-6204. Rating Bureau.
Status: repealed

Repealed.
D.C. Code § 31-805 — DC Code / Title 31 / Chapter 8 / § 31-805
§ 31-805. Exemption from examination and prelicensing education requirements.
Status: repealed

Repealed.
D.C. Code § 31-4703 — DC Code / Title 31 / Chapter 47 / § 31-4703
§ 31-4703. Life policies — Required provisions.
Status: in_force

(a) No life insurance policy other than industrial insurance, annuities, and pure endowments shall be issued or delivered in the District or shall be issued by a life company organized under District laws after the 1st day of January, 1935, unless the policy has the following features:
  (1) A provision that all premiums after the 1st year shall be payable in advance, either at the home office of the company or to an agent of the company, upon delivery of a receipt signed by 1 or more of the officers who shall be designated in the policy.
  (2) (A) A provision that the insured is entitled to a grace period of at least 30 days or of 1 month within which the payment of any premiums after the 1st year may be made, subject at the option of the company to an interest charge not in excess of 6 per centum per year for the number of days of grace elapsing before the payment of the premium.
    (B) A provision that, if the policy becomes a claim during the grace period before overdue or deferred premiums of the current policy year are paid, the amount of the premiums, with interest on any overdue premiums, may be deducted from any settlement payable under the policy.
    (C) A provision that grace shall begin on the premium-paying date stated in the policy.
  (3) (A) (i) Except as provided in subparagraphs (B) and (C) of this paragraph, a provision that the policy shall constitute the entire contract between the parties and shall be incontestable after it has been in force during the lifetime of the insured for at least 2 years from its date, except for nonpayment of premiums and except for violations of the conditions of the policy relating to naval or military service during a war, and at the option of the company, provisions relative to benefits when total and permanent disability occurs and provisions granting additional insurance specifically against death by accident may also be excepted.
      (ii) All statements made by the insured shall, in the absence of fraud, be considered representations and not warranties.
      (iii) No statements by the insured shall be used in defense of a claim under the policy unless the statements are in a written application and a copy of the statements are endorsed upon or attached to the policy when issued.
    (B) A provision that nothing in this paragraph applies to applications for reinstatement.
    (C) A provision that a reinstated policy shall be contestable for fraud or for misrepresenting material facts for as long a period as provided by the original policy.
  (4) A provision that if the company discovers before the final settlement that the age of the insured (or the age of the beneficiary, if considered in determining the premium) has been wrongly stated, the amount payable under the policy shall be the amount the premium would have purchased had the correct age been stated, according to the company’s rate at date of issue.
  (5) (A) (i) A provision that the policy shall participate in the surplus of the company and that any policy containing provisions for participation at the end of the 1st policy year and afterwards may also provide that each dividend shall be paid subject to the payment of premium for the next year.
      (ii) A provision that the insured under any annual dividend policy shall have the right each year to receive dividends from the participation paid in cash.
      (iii) A provision that if the policy provides other dividend options, the policy shall explain which options shall be effective if the insured does not elect any of the other options by the end of the grace period allowed for paying the premium.
    (B) A provision that the requirements described in subparagraph (A) of this paragraph shall not apply to any form of paid-up insurance, temporary insurance, or pure endowment insurance issued or granted in exchange for lapsed or surrendered policies and shall not apply to nonparticipating policies.
  (6) (A) (i) Except as provided in subparagraphs (A)(iv), (v), and (B) of this paragraph, a provision that, after the policy has been in force for 3 full years, the company will loan to the insured, while the policy is in force, on proper assignment or pledge of the policy and on the sole security of the policy and at a specified interest rate, a sum equal to or, at the option of the insured, less than the amount required by § 31-4705.02 .
      (ii) A provision that the company will deduct from the loan value any indebtedness not already deducted when determining the value and any unpaid balance on premiums for the current policy year.
      (iii) A provision that the company may collect, in advance, interest on the loan to the end of the current policy year.
      (iv) The provisions described in subparagraph (A)(i) through (iii) of this paragraph shall not be required in term insurance, temporary insurance, or pure endowment insurance issued or granted in exchange for lapsed or surrendered policies. The policy may further provide that if the interest on the loan is not paid when due, it shall be added to the existing loan and shall bear interest at the same rate.
      (v) The specified interest rate mentioned in subparagraph (A)(i) of this paragraph shall not apply to policies issued after March 14, 1985.
    (B) Policies issued after March 14, 1985, shall include a provision describing the policy loan interest rates to be 1 of the following:
      (i) Not more than 8% per year.
      (ii) An adjustable maximum interest rate established by the company under subparagraph (C) of this paragraph.
    (C) The interest rate described in paragraph (6)(B)(ii) of this subsection shall be in a policy which describes how frequently the company determines the rates, and the rates shall not exceed the higher of the following:
      (i) The published monthly average for the calendar month ending 2 months before the company determines the interest rate; or
      (ii) The sum of 1 per centum per year and the rate used by the company when computing the cash surrender value during the applicable period.
    (D) For policies issued after March 14, 1985, which contain an interest rate determined pursuant to subparagraph (B)(ii) of this paragraph, the following provisions shall be included in the policy:
      (i) The maximum interest rate shall be determined at least once every 12 months, at regular intervals, but not more frequently than once every 3 months.
      (ii) The interest rate being charged may be increased when the rate-determination standards described in subparagraph (C) of this paragraph indicate at least a 1/2% per year increase in the maximum rate.
      (iii) The interest rate being charged shall be decreased when the rate-determination standards described in subparagraph (C) of this paragraph require at least a 1/2% per year decrease in the maximum rate.
    (E) Except as provided in subparagraph (E)(v) of this paragraph and for policies issued after March 14, 1985, policies shall include a provision that the company shall notify, in the following manner, a policyholder who borrows under the policy:
      (i) When the company makes a cash loan, a written notice of the initial interest rate.
      (ii) When the company makes a premium loan, a written notice, within a reasonable time after the loan, of the initial interest rate.
      (iii) When the company plans to increase the interest rate, a written notice within a reasonable time before the rate increase of the change in the rate.
      (iv) Every notice described in this subparagraph shall describe how frequently the company, under subparagraph (C) of this paragraph, reevaluates the rates and also shall describe, under subparagraph (B) of this paragraph, the rates either as no more than 8% per year or as an adjustable rate under subparagraph (C) of this paragraph.
      (v) Except as provided in subparagraph (E)(iii) of this paragraph, notice shall not be required for premium loans added to an original premium loan described in subparagraph (E)(ii) of this paragraph.
    (F) The loan value of the policy shall be determined according to § 31-4705.04 , but no policy shall terminate in a policy year as the sole result of change in the interest rate and the life insurer shall maintain coverage until the time at which it would otherwise have terminated if there had been no increase during that policy year.
    (G) For purposes of subparagraphs (B) through (G) of this paragraph:
      (i) The term “published monthly average” means Moody’s Corporate Bond Yield Average—Monthly Average Corporates published by Moody’s Investors Service, Inc., or any successor thereto; or in the event that Moody’s Corporate Bond Yield Average—Monthly Average Corporates is no longer published, a substantially similar average, established by regulation issued by the Commissioner.
      (ii) The rate of interest on policy loans permitted under this subsection also includes the interest rate charged on reinstatement of policy loans for the period during and after any lapse of a policy.
      (iii) The term “policy loan” also includes any premium loan made under a policy to pay 1 or more premiums that were not paid to the life insurer as they fell due.
      (iv) The term “policyholder” includes the owner of the policy or the person designated to pay premiums as shown on the records of the life insurer.
      (v) The term “policy” also includes certificates issued by a fraternal benefit society and annuity contracts which provide for policy loans.
    (H) No other provision of law shall apply to policy loan interest rates unless made specifically applicable to such rates.
    (I) The provisions of subparagraphs (B) through (H) of this paragraph shall not apply to any insurance contract issued before March 14, 1985, unless the policyholder agrees in writing to the application of such provisions.
  (7) A provision for nonforfeiture benefits and cash surrender values according to the requirements of § 31-4705.01 or § 31-4705.02 .
  (8) A provision specifying the options, if any, to which the policyholder is entitled in the event of default in a premium payment.
  (9) A table showing in figures the loan values and the options available under the policy each year upon default in premium payments, during at least the first 20 years of the policy or during the premium paying period if less than 20 years.
  (10) A provision that if in event of default in premium payments the value of the policy shall have been applied to the purchase of other insurance as provided for in this section, and if such insurance shall be in force and the original policy shall not have been surrendered to the company and cancelled, the policy may be reinstated within 3 years from such default, upon evidence of insurability satisfactory to the company and payment of arrears of premiums and the payment or reinstatement of any other indebtedness to the company upon said policy, with interest on said premium at the rate of not exceeding 6% per annum payable annually, and that such reinstated policy shall be contestable, on account of suicide, fraud, or misrepresentation of material facts pertaining to the reinstatement, for the same period after reinstatement as provided in the policy with respect to the original issue. The rate of interest on policy loans permitted under this subsection also includes the interest rate charged on reinstatement policy loans for the period during and after any lapse of the policy.
  (11) A provision that, when a policy shall become a claim by death of the insured, settlement shall be made upon receipt of due proof of death.
  (12) A table showing the amount of installments, if any, in which the policy may provide its proceeds may be payable.
  (13) Title on the face and on the back of the policy briefly describing its form.
(b) Any of the foregoing provisions or portions thereof not applicable to single premium or nonparticipating or term policies shall, to that extent, not be incorporated therein; and any such policy may be issued or delivered in the District which in the opinion of the Commissioner contains provisions on any 1 or more of the several foregoing requirements more favorable to the policyholder than hereinbefore required. The provisions of this section shall not apply to policies of reinsurance, or to policies issued or granted in exchange for lapsed or surrendered policies, or to group insurance.
D.C. Code § 31-5031.02 — DC Code / Title 31 / Chapter 50A / § 31-5031.02
§ 31-5031.02. Licensing needed to transact business.
Status: in_force

No person, other than a domestic, foreign, or non-U.S. title insurer organized on the stock plan and licensed under Chapter 25 of this title [ § 31-2501.01 et seq.], shall issue a title insurance policy or otherwise transact the business of title insurance in the District.
D.C. Code § 31-1131.06 — DC Code / Title 31 / Chapter 11A / § 31-1131.06
§ 31-1131.06. Application for resident insurance producer license.
Status: in_force

(a) An individual applying for a resident insurance producer license shall make application to the Commissioner on the Uniform Individual Application and declare under penalty of refusal, suspension, or revocation of the license that the statements made in the application are true, correct, and complete to the best of the individual’s knowledge and belief. Before approving the application, the Commissioner shall find that the individual:
  (1) Is at least 18 years of age;
  (2) Has not committed any act that is a ground for denial, suspension, or revocation set forth in § 31-1131.12 .
  (3) If required by the Commissioner, has completed a pre-licensing course of study for the lines of authority for which the person has applied;
  (4) Has paid the fees prescribed by the Commissioner; and
  (5) Unless exempt under § 31-1131.09 , has successfully passed the examinations for the lines of authority for which the person has applied.
(b) A business entity applying for a resident business entity producer license shall make application to the Commissioner on the Uniform Business Entity Application. Before approving the application, the Commissioner shall find that the business entity has:
  (1) Paid the fees prescribed by the Commissioner; and
  (2) Designated a licensed individual producer responsible for the business entity’s compliance with the insurance laws, rules, and regulations of the District.
(c) The Commissioner may require any documents reasonably necessary or appropriate to verify the information contained in an application.
(d) Repealed.
D.C. Code § 31-3701 — DC Code / Title 31 / Chapter 37 / § 31-3701
§ 31-3701. Definitions.
Status: in_force

For the purposes of this subchapter, the term:
(1) “Applicant” means:
  (A) In the case of an individual Medicare supplement policy, the person who seeks to contract for insurance benefits; and
  (B) In the case of a group Medicare supplement policy, the proposed certificate holder.
(2) “Certificate” means any certificate delivered or issued for delivery in the District of Columbia under a group Medicare supplement policy.
(3) “Certificate form” means the form on which the certificate is delivered or issued for delivery by the insurer.
(4) “Issuer” means an insurance company, a fraternal benefit association, a health care service plan, a health maintenance organization, and any other entity delivering or issuing for delivery in the District of Columbia Medicare supplement policies or certificates. The term “issuer” includes Group Hospitalization and Medical Services, Incorporated.
(5) “Medicare” means the health insurance program established pursuant to the Health Insurance for the Aged Act (42 U.S.C. § 303 et seq.).
(6) “Medicare supplement policy” means a group or individual policy of accident and sickness insurance or a subscriber contract of hospital and medical service associations or health maintenance organizations, other than a policy issued pursuant to a contract under § 1876 of the Social Security Act (42 U.S.C. § 1395mm), or an issued policy under a demonstration project specified in 42 U.S.C. § 1395ss(g)(1), which is advertised, marketed, or designed primarily as a supplement to reimbursements under Medicare for the hospital, medical, or surgical expenses of persons eligible for Medicare.
(7) “Policy form” means the form on which the policy is delivered or issued for delivery by the issuer.
D.C. Code § 31-1506 — DC Code / Title 31 / Chapter 15 / § 31-1506
§ 31-1506. Penalties and liabilities.
Status: in_force

(a) If the Mayor determines that the managing general agent or any other person has not materially complied with this chapter, or any regulation or order promulgated thereunder, after notice and opportunity to be heard, the Mayor may order:
  (1) For each separate violation, a penalty in an amount not exceeding $10,000, or not more than $25,000 for intentional violations;
  (2) Revocation or suspension of the producer’s license; and
  (3) If it was found that because of material noncompliance the insurer has suffered any loss or damage, the Commissioner may maintain a civil action brought by or on behalf of the insurer and its policyholders and creditors for recovery of compensatory damages for the benefit of the insurer and its policyholders and creditors, or other appropriate relief.
(b) The decision, determination, or order of the Mayor pursuant to subsection (a) of this section shall be subject to judicial review pursuant to subchapter I of Chapter 5 of Title 2 , §§ 31-2502.43 [repealed] and 31-2502.44 [repealed], and §§ 31-4327 [repealed] and 31-4332 .
(c) Nothing in this section shall affect the right of the Mayor to impose any other penalties provided in the insurance law of the District.
(d) Nothing in this chapter is intended to or shall in any manner limit or restrict the rights of policyholders, claimants, and auditors.
D.C. Code § 31-1109 — DC Code / Title 31 / Chapter 11 / § 31-1109
§ 31-1109. Service charges.
Status: in_force

(a) A premium finance company shall not charge, contract for, receive, or collect a service charge other than as permitted by this chapter.
(b) The service charge is to be computed on the balance of the premiums due (after subtracting the downpayment made by the insured in accordance with the premium finance agreement) from the effective date of the insurance coverage, for which the premiums are being advanced, to and including the date when the final installment of the premium finance agreement is payable.
(c) The service charge shall be a maximum of $10 per $100 per year plus an additional charge of $20 per premium finance contract which need not be refunded upon cancellation or prepayment.
D.C. Code § 31-5402 — DC Code / Title 31 / Chapter 54 / § 31-5402
§ 31-5402. Coverage and limitations.
Status: in_force

(a) Coverage shall be provided for the policies and contracts issued to:
  (1) Persons who, regardless of where they reside (except for nonresident certificate holders under group policies or contracts), are the beneficiaries, assignees or payees, including health care providers rendering services covered under health insurance policies or certificates, of the persons covered under paragraph (2) of this subsection;
  (2) Persons who are owners of, or certificate holders under, such policies or contracts (other than structured settlement annuities), and who:
    (A) Are residents; or
    (B) Are not residents, subject to the following conditions:
      (i) The insurers which issued and delivered the policies or contracts are domiciled in the District of Columbia;
      (ii) The state in which the persons reside have associations similar to the Association created by this chapter; and
      (iii) The persons are not eligible for coverage by an association in any other state due to the fact that the insurer was not licensed in the state at the time specified in the state's guaranty association law.
  (3) For structured settlement annuities specified in subsection (b) of this section, with the exception of subsection (a) of this section, which shall not apply, a person who is a payee under a structured settlement annuity or beneficiary of a payee if the payee is deceased, if the payee:
    (A) Is a resident, regardless of where the contract owner resides; or
    (B) Is not a resident, but only under the following conditions:
      (i) The contract owner of the structured settlement annuity is a resident or the contract owner of the structured settlement annuity is not a resident but the insurer that issued the structured settlement annuity is domiciled in the District and the state in which the contract owner resides has an association similar to the Association established by this chapter; and
      (ii) Neither the payee, beneficiary, or contract owner is eligible for coverage by the association of the state in which the payee or contract owner resides;
  (4) A person who is a payee or beneficiary of a contract owner that is a resident of the District so long as the payee or beneficiary is not afforded any coverage by the association of another state; and
(5) Any person for whom coverage has been determined, when the application of this chapter could result in coverage by the association of more than one state, whether as an owner, payee, beneficiary, or assignee, and this chapter has been construed in conjunction with the other state’s laws to result in coverage by only one association.
(b) (1) Coverage shall be provided to the persons specified in subsection (a) of this section for policies or contracts of direct, non-group life insurance, health insurance (which for purposes of this chapter shall include health maintenance organization subscriber contracts and certificates) issued by a member insurer, annuities for certificates under direct group policies or contracts issued by a member insurer, and for supplemental contracts issued by a member insurer to any of the foregoing, except as limited by this chapter .  Annuity contracts and certificates under group annuity contracts include allocated funding agreements, structured settlement annuities, lottery contracts, and any immediate or deferred annuity contracts.
  (2) Coverage shall not be provided for:
    (A) Any portion of a policy or contract not guaranteed by the insurer, or under which the risk is borne by the owner of the policy, contract, or certificate;
    (B) Any policy or contract of reinsurance, unless assumption certificates have been issued and delivered pursuant to the reinsurance policy or contract;
    (C) Any portion of a policy, contract, or certificate, to the extent of the rate of interest on which it is based, or the interest rate, crediting rate, or similar factor determined by the use of an index or other external reference stated in the policy or contract employed in calculating returns or changes in value:
      (i) Averaged over the 4-year period prior to the date on which the Association becomes obligated with respect to the policy, contract, or certificate, exceeds a rate of interest determined by subtracting 2 percentage points from Moody’s Corporate Bond Yield Average averaged for that same 4-year period or for a lesser period if the policy, contract, or certificate was issued and delivered less than 4 years before the Association became obligated; and
      (ii) On and after the date on which the Association becomes obligated with respect to the policy, contract, or certificate, exceeds the rate of interest determined by subtracting 3 percentage points from the most recent Moody’s Corporate Bond Yield Average;
    (D) Any portion of a policy or contract issued to a plan or program of an employer, association, or similar entity to provide life, health, or annuity benefits to its employees or members to the extent that the plan or program is self-funded or uninsured, including, but not limited to, benefits payable by an employer, association, or similar entity under:
      (i) A Multiple Employer Welfare Arrangement as defined in section 514 of the Employee Retirement Income Security Act of 1974 (29 U.S.C. § 1144), as amended;
      (ii) A minimum premium group insurance plan;
      (iii) A stop-loss group insurance plan; or
      (iv) An administrative services only contract;
    (E) Any portion of a policy or contract that provides for:
      (i) Dividends or experience rating credits;
      (ii) Voting rights; or
    (iii) Payment of fees or allowances to any person, including the policy or contract owner, in connection with the service or administration of the policy or contract;
    (F) Any policy, contract, or certificate issued and delivered in the District of Columbia by a member insurer at a time when it was not licensed or did not have a certificate of authority to issue and deliver the policy, contract, or certificates in the District of Columbia;
    (G) Any unallocated annuity contract;
    (H) Any portion of a policy or contract to the extent the assessments required by § 31-5406 with respect to the policy or contract are preempted by federal or state law;
    (I) Any obligation that does not arise under the express written terms of the policy or contract issued by the insurer to the contract owner or policy owner, including:
      (i) Claims based on marketing materials;
      (ii) Claims based on side letters, riders, or other documents that were issued by the insurer without meeting applicable policy form filing or approval requirements;
      (iii) Misrepresentations of or regarding policy benefits;
      (iv) Extra-contractual claims; or
      (v) A claim for penalties or consequential or incidental damages;
    (J) Any contractual agreement that establishes the member insurer’s obligations to provide a book value accounting guaranty for defined contribution benefit plan participants by reference to a portfolio of assets that is owned by the benefit plan or its trustee, which in each case is not an affiliate of the member insurer;
    (K) Any portion of a policy or contract that provides for interest or other changes in value to be determined by the use of an index or other external reference stated in the policy or contract, but have not been credited to the policy or contract, or as to which the policy or contract owner’s rights are subject to forfeiture, as of the date the member insurer becomes an impaired or insolvent insurer under this chapter, whichever is earlier. If a policy or contract’s interest or changes in value are credited less frequently than annually, then for purposes of determining the values that has been credited and are not subject to forfeiture under this subsection, the interest or change in value determined by using the procedures defined in the policy or contract shall be credited as if the contractual date of crediting interest or changing values was the date of impairment or insolvency, whichever is earlier, and will not be subject to forfeiture;
    (L) Any policy or contract providing any hospital, medical, prescription drug, or other health care benefits pursuant to the Balanced Budget Act of 1997, approved August 11, 1997 (111 Stat. 251; 42 U.S.C. §§ 1395w-21 et seq.), and the Medicare Prescription Drug, Improvement, and Modernization Act of 2003, approved December 8, 2003 (117 Stat. 2066; 42 U.S.C. §§ 1395w-101 et seq.) (commonly known as Medicare Parts C and D), or Title XIX of the Social Security Act, approved February 4, 2009 (123 Stat. 91; 42 U.S.C. § 1396 et seq. ) (commonly known as Medicaid), or any regulations issued pursuant to those titles; or
    (M) Structured settlement annuity benefits to which a payee (or beneficiary) has transferred his or her rights in a structured settlement factoring transaction as defined in section 115(a) of the Victims of Terrorism Tax Relief Act of 2001, approved January 23, 2002 (115 Stat. 2436; 26 U.S.C. 5891(c)(3)), regardless of whether the transaction occurred before or after such section became effective.
  (3) The exclusion from coverage referenced in paragraph (2)(C) of this subsection shall not apply to any portion of a policy or contract, including a rider, that provides long-term care or any other health insurance benefits.
(c) The benefits for which the Association may become liable shall in no event exceed the lesser of:
  (1) The contractual obligations for which the insurer is liable or would have been liable if it were not an impaired or insolvent insurer; or
  (2) (A) With respect to any 1 life, regardless of the number of policies, contracts, or certificates:
      (i) $300,000 in life insurance death benefits, but not more than $100,000 in net cash surrender and net cash withdrawal values for life insurance;
      (ii) In health insurance benefits:
        (I) $ 100,000 for coverage not defined as disability insurance or health benefit plan or long- term care insurance, including any net cash surrender and net cash withdrawal values;
        (II) $ 300,000 for disability insurance;
        (III) $ 300,000 for long-term care insurance; and
        (IV) $ 500,000 for health benefit plans; or
      (iii) $300,000 in the present value of annuity benefits, including net cash surrender and net cash withdrawal values.
    (A-i) With respect to each payee of a structured settlement annuity (or beneficiary or beneficiaries of the payee if deceased), $ 300,000 in present value annuity benefits, in the aggregate, including net cash surrender and net cash withdrawal values, if any.
    (A-ii) The Association shall not be obligated to cover:
      (i) More than an aggregate of $ 300,000 in benefits with respect to any one life under subparagraphs (A) and (A-i) of this paragraph except with respect to benefits for health benefit plans under subparagraph (A)(ii) of this paragraph, in which case the aggregate liability of the Association shall not exceed $ 500,000 with respect to any one individual; or
      (ii) With respect to one owner of multiple non-group policies of life insurance, whether the policy owner is an individual, firm, corporation, or other person, and whether the persons insured are officers, managers, employees, or other persons, more than $ 5,000,000 in benefits, regardless of the number of policies and contracts held by the owner;
    (A-iii) (i) The limitations set forth in this subsection are limitations on the benefits for which the Association is obligated before taking into account either its subrogation and assignment rights or the extent to which those benefits could be provided out of the assets of the impaired or insolvent insurer attributable to covered policies.
      (ii) The costs of the Association’s obligations under this chapter may be met by the use of assets attributable to covered policies or reimbursed to the Association pursuant to its subrogation and assignment rights.
    (B) The liability of the Association shall be limited strictly by the express terms of the policies or contracts and by this chapter, and shall not be affected by the contents of any brochures, illustrations, advertisements in print or electronic media, or other advertising material used in connection with the sale of the policies or contracts, or by oral statements made by agents or other sales representatives in connection with the sale of the policies or contracts. The Association shall not be liable for extra-contractual damages, punitive damages, attorney fees, or interest other than as provided for by the terms of the policies or contracts as limited by this chapter, that might be awarded by any court or governmental agency in connection with the policies or contracts.
    (C) For the purposes of this chapter , benefits provided by a long-term care rider to a life insurance policy or annuity contract shall be considered the same type of benefits as the base life insurance policy or annuity contract to which it relates.
(c-1) In performing its obligations to provide coverage under §  31-5405 , the Association shall not be required to guarantee, assume, reinsure, or perform, or cause to be guaranteed, assumed, reinsured, or performed, the contractual obligations of the insolvent or impaired insurer under a covered policy or contract that do not materially affect the economic values or economic benefits of the covered policy or contract.
(d) Repealed.
D.C. Code § 31-2301 — DC Code / Title 31 / Chapter 23 / § 31-2301
§ 31-2301. Definitions.
Status: in_force

For purposes of this chapter, the term:
(1) “Domestication” means the reorganization under this chapter of the United States branch of a Non-U.S. insurer whereby a domestic or foreign insurer acquires all the business and assets and assumes all the liabilities of the branch.
(2) “Domestic insurer” means a stock insurance company incorporated under the laws of the District of Columbia.
(3) “Foreign insurer” means a stock insurance company incorporated under the laws of any other state of the United States.
(4) “Non-U.S. insurer” means a stock insurance company organized under the laws of a foreign country.
(5) “United States branch” means the business unit through which business is transacted within the United States by a Non-U.S. insurer and the assets and liabilities of the insurer within the United States pertaining to such business.
D.C. Code § 31-5607.08 — DC Code / Title 31 / Chapter 56 / § 31-5607.08
§ 31-5607.08. Provisions applicable to administrative proceedings.
Status: in_force

(a) All actions of the Commissioner, including administrative proceedings, adoption of rules, and issuance of orders shall be governed by subchapter I of Chapter 5 of Title 2 ; provided, that:
  (1) The issuance of a stop order under § 31-5603.03(e) shall be governed by § 31-5603.03(e) ; and
  (2) The issuance of a summary order under § 31-5606.02(a) shall be governed by § 31-5606.02(a) .
D.C. Code § 31-1804 — DC Code / Title 31 / Chapter 18 / § 31-1804
§ 31-1804. Books and records; reinsurance intermediary brokers.
Status: in_force

(a) For at least 10 years after expiration of each contract of reinsurance transacted by the reinsurance broker, the reinsurance broker will keep a complete record for each transaction showing:
  (1) The type of contract, limits, underwriting restrictions, classes, or risks and territory;
  (2) Period of coverage, including effective and expiration dates, cancellation provisions, and notice required of cancellation;
  (3) Reporting and settlement requirements of balances;
  (4) Rate used to compute the reinsurance premium;
  (5) Names and addresses of assuming reinsurers;
  (6) Rates of all reinsurance commissions, including the commissions on any retrocessions handled by the reinsurance broker;
  (7) Related correspondence and memoranda;
  (8) Proof of placement;
  (9) Details regarding retrocessions handled by the reinsurance broker including the identity of retrocessionaires and percentage of each contract assumed or ceded;
  (10) Financial records, including, but not limited to, premium and loss accounts; and
  (11) When the reinsurance broker procures a reinsurance contract on behalf of a licensed ceding insurer:
    (A) Directly from any assuming reinsurer, written evidence that the assuming reinsurer has agreed to assume the risk; or
    (B) If placed through a representative of the assuming reinsurer, other than an employee, written evidence that the reinsurer has delegated binding authority to the representative.
(b) The insurer will have access and the right to copy and audit all accounts and records maintained by the reinsurance broker related to its business in a form usable by the insurer.
D.C. Code § 31-2305 — DC Code / Title 31 / Chapter 23 / § 31-2305
§ 31-2305. Final approval by Commissioner.
Status: in_force

(a) The following shall be submitted to the Commissioner for final approval of the domestication agreement as required under § 31-2302(a)(3) :
  (1) An executed counterpart of the domestication agreement;
  (2) Certified copies of the corporate proceedings of the acquiring insurer and the Non-U.S. insurer approving, adopting, and authorizing the execution of the domestication agreement;
  (3) A certification by an officer of the United States branch that the domestication agreement satisfies the requirements of this chapter; and
  (4) In the case of a foreign insurer, the written approval of the chief insurance regulatory official of the state in which the foreign insurer is organized.
(b) If he is satisfied that the domestication agreement complies with this chapter, that all the required documents have been submitted, and that the interests of policyholders and creditors of the United States branch are not materially adversely affected, the Commissioner may approve, as required under § 31-2302(a)(3) , the domestication agreement.
D.C. Code § 31-2231.18 — DC Code / Title 31 / Chapter 22A / § 31-2231.18
§ 31-2231.18. Failure to maintain complaint handling procedures.
Status: in_force

An insurer shall maintain a complete record of all complaints which it has received since the date of its last examination as otherwise required in this chapter. The record shall indicate the total number of complaints, their classification by line of insurance, the nature of each complaint, the disposition of each complaint, and the time to process each complaint. For purposes of the section, the term “complaint” shall mean a written communication from a policyholder, subscriber, claimant, or insurance department primarily expressing a grievance.
D.C. Code § 31-2307 — DC Code / Title 31 / Chapter 23 / § 31-2307
§ 31-2307. Regulations.
Status: in_force

The Commissioner may, in accordance with § 2-505 , promulgate rules, regulations, and orders as are necessary or appropriate to carry out the provisions of this chapter. The Council may approve or disapprove any rules, regulations, or orders promulgated by the Commissioner within 30 days after the date transmitted to the Council. If no action is taken by the Council, the rules, regulations, or orders shall be deemed to be approved.
D.C. Code § 31-2361.08 — DC Code / Title 31 / Chapter 23R / § 31-2361.08
§ 31-2361.08. Retention of records.
Status: in_force

(a) Each appraisal management company seeking to be registered or to renew an existing registration in the District shall certify to the Department on a form prescribed by the Department that the company maintains a detailed record of each service request that the company receives for appraisals of real property located in the District.
(b) An appraisal management company registered in the District shall retain all records required to be maintained under this chapter for at least 5 years after the file is submitted to the appraisal management company or for at least 2 years after final disposition of any related judicial proceeding of which the appraisal management company is provided notice, whichever period expires later.
(c) All records required to be maintained by the registered appraisal management company shall be made available for inspection by the Department on reasonable notice to the appraisal management company.
D.C. Code § 31-6014 — DC Code / Title 31 / Chapter 60 / § 31-6014
§ 31-6014. Policy rates and premiums.
Status: repealed

Repealed.
D.C. Code § 31-1904 — DC Code / Title 31 / Chapter 19 / § 31-1904
§ 31-1904. Revocation of Certificate of Authority.
Status: in_force

The Mayor may fine insurance companies or suspend, revoke, or refuse to renew the Certificate of Authority of any insurer failing to file its annual statement when due or within any extension of time which the Mayor, for good cause, may have granted.
D.C. Code § 31-4439 — DC Code / Title 31 / Chapter 44 / § 31-4439
§ 31-4439. Vouchers or affidavits as evidence of disbursements.
Status: in_force

No domestic company shall make any disbursement of $100 or more unless the same be evidenced by a voucher signed by or on behalf of the person, firm, or corporation receiving the money and describing the consideration for the payment; and if the expenditure be in connection with any matter pending before any legislative or public body or before any department or officer of any state or government, the voucher shall describe the nature of the matter and the interest of the company therein, or, if such voucher cannot be obtained, the expenditure shall be evidenced by affidavit describing its character and object and stating the reasons for not obtaining such voucher.
D.C. Code § 31-3902 — DC Code / Title 31 / Chapter 39 / § 31-3902
§ 31-3902. Authority to do business — Certificate of authority.
Status: repealed

Repealed.