Source: https://ncleg.gov/Laws/GeneralStatuteSections/Chapter58
Timestamp: 2019-04-25 22:41:14+00:00

Document:
§ 58-1-1. Title of the Chapter.
§ 58-1-15. Warranties by manufacturers, distributors, or sellers of goods or services.
§ 58-1-20. Real property warranties.
§ 58-1-25: Recodified as G.S. 66-370 by Session Laws 2007-95, ss. 2-5, effective October 1, 2007.
§ 58-1-30: Recodified as G.S. 66-371 by Session Laws 2007-95, ss. 2-5, effective October 1, 2007.
§ 58-1-35: Recodified as G.S. 66-372 by Session Laws 2007-95, ss. 2-5, effective October 1, 2007.
§ 58-1-36: Recodified as G.S. 66-373 by Session Laws 2007-95, ss. 2-5, effective October 1, 2007.
§ 58-1-40: Repealed by Session Laws 1993 (Reg. Sess., 1994), c. 730, s. 3.
§ 58-1-42: Recodified as G.S. 66-374 by Session Laws 2007-95, s. 6, effective October 1, 2007.
§§ 58-1-43, 58-1-50: Repealed by Session Laws 1993 (Reg. Sess., 1994), c. 730, s. 3.
Article 2 - Commissioner of Insurance.
§ 58-2-5. Commissioner's election and term of office.
§ 58-2-10. Salary of Commissioner.
§ 58-2-15. Chief deputy commissioner.
§ 58-2-25. Other deputies, actuaries, examiners and employees.
§ 58-2-30. Appointments of committees or councils.
§ 58-2-31. Seniors' Health Insurance Information Program.
§ 58-2-35. Seal of Department.
§ 58-2-40. Powers and duties of Commissioner.
§ 58-2-45. Orders of Commissioner; when writing required.
§ 58-2-46. State of disaster automatic stay of proof of loss requirements; premium and debt deferrals; loss adjustments for separate windstorm policies.
§ 58-2-47. Incident affecting operations of the Department; stay of deadlines and deemer provisions.
§ 58-2-50. Examinations, hearings, and investigations.
§ 58-2-52. Appeals and rate-making hearings before the Commissioner.
§ 58-2-53. Filing approvals and disapprovals; clarification of law.
§ 58-2-55. Designated hearing officers.
§ 58-2-60. Restraining orders; criminal convictions.
§ 58-2-69. Notification of criminal convictions and changes of address; service of notice; contracts for online services, administrative services, or regulatory data systems.
§ 58-2-70. Civil penalties or restitution for violations; administrative procedure.
§ 58-2-75. Court review of orders and decisions.
§ 58-2-80. Court review of rates and classification.
§ 58-2-85. Procedure on appeal under § 58-2-80.
§ 58-2-90. Extent of review under § 58-2-80.
§ 58-2-95. Commissioner to supervise local inspectors.
§ 58-2-100. Office of Commissioner a public office; records, etc., subject to inspection.
§ 58-2-105. Confidentiality of medical and credentialing records.
§ 58-2-110. Original documents and certified copies as evidence.
§ 58-2-115. Admissibility of certificate as evidence of agent's authority.
§ 58-2-120. Reports of Commissioner to the Governor and General Assembly.
§ 58-2-121. Report of Department to General Assembly committees on various relief funds.
§ 58-2-125. Authority over all insurance companies; no exemptions from license.
§ 58-2-130: Repealed by Session Laws 1991, c. 681, s. 3.
§ 58-2-131. Examinations to be made; authority, scope, scheduling, and conduct of examinations.
§ 58-2-133. Conflict of interest; cost of examinations; immunity from liability.
§ 58-2-134. Cost of certain examinations.
§ 58-2-135: Repealed by Session Laws 1991, c. 681, s. 3.
§ 58-2-136. Insurer records sent to Department for examination; expenses.
§ 58-2-140: Repealed by Session Laws 1991, c. 681, s. 3.
§ 58-2-145: Repealed by Session Laws 1997-362, s. 7.
§ 58-2-150. Oath required for compliance with law.
§ 58-2-155. Investigation of charges.
§ 58-2-160. Reporting and investigation of insurance and reinsurance fraud and the financial condition of licensees; immunity from liability.
§ 58-2-161. False statement to procure or deny benefit of insurance policy or certificate.
§ 58-2-162. Embezzlement by insurance agents, brokers, or administrators.
§ 58-2-163. Report to Commissioner.
§ 58-2-164. Rate evasion fraud; prevention programs.
§ 58-2-165. Annual, semiannual, monthly, or quarterly statements to be filed with Commissioner.
§ 58-2-170: Repealed by Session Laws 2015-92, s. 2, effective June 19, 2015.
§ 58-2-171. Qualifications of actuaries.
§ 58-2-175: Repealed by Session Laws 1993, c. 452, s. 65.
§ 58-2-180. Punishment for making false statement.
§ 58-2-185. Record of business kept by companies and agents; Commissioner may inspect.
§ 58-2-190. Commissioner may require special reports.
§ 58-2-195. Commissioner may require records, reports, etc., for agencies, agents and others.
§ 58-2-200. Books and papers required to be exhibited.
§ 58-2-205. CPA audits of financial statements.
§ 58-2-210. Rules for mortgage insurance consolidations.
§ 58-2-215. Consumer Protection Fund.
§ 58-2-220. Insurance Regulatory Information System and similar program test data not public records.
§ 58-2-225: Repealed by Session Laws 1995, c. 193, s. 8.
§ 58-2-230. Commissioner to share information with Department of Labor.
§ 58-2-240. Market conduct analysis, financial analysis, and related information not public record.
§ 58-2-245. Access to employer taxpayer identification numbers contained in public documents.
§ 58-2-255. Electronic insurance communications and records.
Article 3 - General Regulations for Insurance.
§ 58-3-1. State law governs insurance contracts.
§ 58-3-5. No insurance contracts except under Articles 1 through 64 of this Chapter.
§ 58-3-6. Charitable gift annuities.
§ 58-3-7. Certain accountable care organizations not subject to this Chapter.
§ 58-3-10. Statements in application not warranties.
§ 58-3-15. Additional or coinsurance clause.
§ 58-3-20. Group plans other than life, annuity or accident and health.
§ 58-3-25. Discriminatory practices prohibited.
§ 58-3-30. Meaning of terms "accident", "accidental injury", and "accidental means".
§ 58-3-33. Insurer conditionally required to provide information.
§ 58-3-35. Stipulations as to jurisdiction and limitation of actions.
§ 58-3-40. Proof of loss forms required to be furnished.
§ 58-3-45. Insurance as security for a loan by the company.
§ 58-3-50. Companies must do business in own name; emblems, insignias, etc.
§ 58-3-55. Must not pay death benefits in services.
§ 58-3-60. Publication of assets and liabilities; penalty for failure.
§ 58-3-65. Publication of financial information.
§ 58-3-70: Repealed by Session Laws 1993, c. 452, s. 65.
§ 58-3-71. Unearned premium reserves.
§ 58-3-72. Premium deficiency reserves.
§ 58-3-75. Loss and loss expense reserves of fire and marine insurance companies.
§ 58-3-80: Repealed by Session Laws 1993, c. 452, s. 65.
§ 58-3-81. Loss and loss expense reserves of casualty insurance and surety companies.
§ 58-3-85. Corporation or association maintaining office in State required to qualify and secure license.
§ 58-3-90: Repealed by Session Laws 2001-223, s. 2.1.
§ 58-3-95: Repealed by Session Laws 1991, c. 720, s. 71.
§ 58-3-100. Insurance company licensing provisions.
§ 58-3-102. Request for determination of coverage for transplants under health benefit payment mechanisms; required response time; penalties.
§ 58-3-105. Limitation of risk.
§ 58-3-110. Limitation of liability assumed.
§ 58-3-115. Twisting with respect to insurance policies; penalties.
§ 58-3-121. Discrimination against coverage of certain bones and joints prohibited.
§ 58-3-122. Anesthesia and hospital charges necessary for safe and effective administration of dental procedures for young children, persons with serious mental or physical conditions, and persons with significant behavioral problems; coverage in health benefit plans.
§ 58-3-125. Repealed by Session Laws 1999-132, s. 1.1.
§ 58-3-130. Agent, adjuster, etc., acting without a license or violating insurance law.
§ 58-3-135. Certain insurance activities by lenders with customers prohibited.
§ 58-3-140. Temporary contracts of insurance permitted.
§ 58-3-145. Solicitation, negotiation or payment of premiums on insurance policies.
§ 58-3-147. Credit card guaranty or collateral prohibited.
§ 58-3-150. Forms to be approved by Commissioner.
§ 58-3-152. Excess liability policies; uninsured and underinsured motorist coverages.
§ 58-3-155. Business transacted with insurer-controlled brokers.
§ 58-3-160. Sale of company or major reorganization; license to be restricted.
§ 58-3-165. Business transacted with producer-controlled property or casualty insurers.
§ 58-3-167. Applicability of acts of the General Assembly to health benefit plans.
§ 58-3-168. Coverage for postmastectomy inpatient care.
§ 58-3-169. Required coverage for minimum hospital stay following birth.
§ 58-3-170. Requirements for maternity coverage.
§ 58-3-171. Uniform claim forms.
§ 58-3-172. Notice of claim denied.
§ 58-3-173: Repealed by Session Laws 1997-259, s. 24.
§ 58-3-174. Coverage for bone mass measurement for diagnosis and evaluation of osteoporosis or low bone mass.
§ 58-3-175. Direct payment to government agencies.
§ 58-3-176. Treatment discussions not limited.
§ 58-3-177. Uniform prescription drug identification cards.
§ 58-3-178. Coverage for prescription contraceptive drugs or devices and for outpatient contraceptive services; exemption for religious employers.
§ 58-3-179. Coverage for colorectal cancer screening.
§ 58-3-180. Motor vehicle repairs; selection by claimant.
§ 58-3-181. Synchronization of prescription refills.
§ 58-3-185. Lien created for payment of past-due child support obligations.
§ 58-3-190. Coverage required for emergency care.
§ 58-3-191. Managed care reporting and disclosure requirements.
§ 58-3-192. Coverage for autism spectrum disorder.
§ 58-3-200. Miscellaneous insurance and managed care coverage and network provisions.
§ 58-3-215. Genetic information in health insurance.
§ 58-3-221. Access to nonformulary and restricted access prescription drugs.
§ 58-3-223. Managed care access to specialist care.
§ 58-3-225. Prompt claim payments under health benefit plans.
§ 58-3-227. Health plans fee schedules.
§ 58-3-228. Coverage for extra prescriptions during a state of emergency or disaster.
§ 58-3-230. Uniform provider credentialing.
§ 58-3-231. Payment under locum tenens arrangements.
§ 58-3-235. Selection of specialist as primary care provider.
§ 58-3-240. Direct access to pediatrician for minors.
§ 58-3-245. Provider directories; cost tools for insured.
§ 58-3-247. Insurance identification card.
§ 58-3-250. Payment obligations for covered services.
§ 58-3-255. Coverage of clinical trials.
§ 58-3-260. Insurance coverage for newborn hearing screening mandated.
§ 58-3-265. Prohibition on managed care provider incentives.
§ 58-3-270. Coverage for surveillance tests for women at risk for ovarian cancer.
§ 58-3-275. Closure of a block of business.
§ 58-3-276: Repealed by Session Laws 2013-410, s. 28.5(e), effective August 23, 2013.
§ 58-3-280. Coverage for the diagnosis and treatment of lymphedema.
§ 58-3-285. Coverage for hearing aids.
§ 58-3-290. Nondependent child coverage defined; open enrollment.
§ 58-3-295: Reserved for future codification purposes.
§ 58-3-300. Health insurance issuers subject to certain requirements of federal law.
Article 4 - NAIC Filing Requirements.
§ 58-4-15. Revocation or suspension of license.
§ 58-4-20: Recodified as § 58-2-220 pursuant to Session Laws 1989 (Regular Session, 1990), c. 0121, s. 7.
§ 58-4-25. Insurance Regulatory Information System and similar program test data records.
Article 5 - Deposits and Bonds by Insurance Companies.
§ 58-5-1. Deposits; use of master trust.
§ 58-5-5. Amount of deposits required of foreign or alien fire and/or marine insurance companies.
§ 58-5-10. Amount of deposits required of foreign or alien fidelity, surety and casualty insurance companies.
§ 58-5-15. Minimum deposit required upon admission.
§ 58-5-20. Type of deposits.
§ 58-5-25. Replacements upon depreciation of securities.
§ 58-5-30. Power of attorney.
§ 58-5-35. Securities held by Treasurer; faith of State pledged therefor; nontaxable.
§ 58-5-40. Authority to increase deposit.
§ 58-5-45: Repealed by Session Laws 1991, c. 681, s. 21.
§ 58-5-50. Deposits of foreign life insurance companies.
§ 58-5-55. Deposits of capital and surplus by domestic insurance companies.
§ 58-5-60: Repealed by Session Laws 1995, c. 193, s. 8.
§ 58-5-63. Interest; liquidation of deposits for liabilities.
§ 58-5-65: Repealed by Session Laws 1995, c. 193, s. 8.
§ 58-5-70. Lien of policyholders; action to enforce.
§ 58-5-71. Liens of policyholders; subordination.
§ 58-5-75. Substitution for securities paid.
§ 58-5-80. Return of deposits.
§ 58-5-85: Repealed by Session Laws 1991, c. 681, s. 21.
§ 58-5-90. Deposits held in trust by Commissioner or Treasurer.
§ 58-5-95. Deposits subject to approval and control of Commissioner.
§ 58-5-100. Deposits by alien companies required and regulated.
§ 58-5-105. Deposits by life companies not chartered in United States.
§ 58-5-110. Registration of bonds deposited in name of Treasurer or Commissioner.
§ 58-5-115. Notation of registration; release.
§ 58-5-120. Expenses of registration.
§ 58-5-125: Repealed by Session Laws 1991, c. 681, s. 21.
Article 6 - License Fees and Taxes.
§ 58-6-1. Commissioner to report taxes and fees and pay monthly.
§ 58-6-5. Schedule of fees and charges.
§ 58-6-7. Licenses; perpetual licensing; annual license continuation fees for insurance companies.
§ 58-6-10. Repealed by Session Laws 1999-132, s 1.1.
§ 58-6-15. Annual license continuation fee definition; requirements.
§ 58-6-20. Policyholders to furnish information.
§ 58-6-25. Insurance regulatory charge.
Article 7 - General Domestic Companies.
§ 58-7-1. Application of this Chapter and general laws.
§ 58-7-5. Extension of existing charters.
§ 58-7-10. Certificate required before issuing policies.
§ 58-7-15. Kinds of insurance authorized.
§ 58-7-16. Funding agreements authorized.
§ 58-7-20: Repealed by Session Laws 1991, c. 681, s. 23.
§ 58-7-21. Credit allowed a domestic ceding insurer.
§ 58-7-25: Repealed by Session Laws 1991, c. 681, s. 23.
§ 58-7-26. Asset or reduction from liability for reinsurance ceded by a domestic insurer to an assuming insurer not meeting the requirements of G.S. 58-7-21.
§ 58-7-30. Insolvent ceding insurer.
§ 58-7-31. Life and health reinsurance agreements.
§ 58-7-32: Repealed by Session Laws 1993, c. 452, s. 65.
§ 58-7-33. Minimum policyholders' surplus to assume property or casualty reinsurance.
§ 58-7-35. Manner of creating such corporations.
§ 58-7-37. Background of incorporators and proposed management personnel.
§ 58-7-40. First meeting; organization; license.
§ 58-7-45. Bylaws; classification and election of directors; amendments.
§ 58-7-46. Notification to Commissioner for president or chief executive officer changes.
§ 58-7-50. Maintenance and removal of records and assets.
§ 58-7-55. Exceptions to requirements of G.S. 58-7-50.
§ 58-7-60. Approval as a domestic insurer.
§ 58-7-65. Conversion to foreign insurer.
§ 58-7-70. Effects of redomestication.
§ 58-7-73. Dissolutions of insurers.
§ 58-7-75. Amount of capital and/or surplus required; impairment of capital or surplus.
§ 58-7-80. Capital stock fully paid in cash.
§§ 58-7-85 through 58-7-90: Repealed by Session Laws 1991, c. 681, s. 30.
§ 58-7-95. Establishment of separate accounts by life insurance companies.
§ 58-7-100: Repealed by Session Laws 1991, c. 681, s. 30.
§ 58-7-105. Authority to increase or reduce capital stock.
§ 58-7-110. Assessment of shares; revocation of license.
§ 58-7-115. Increase of capital stock.
§ 58-7-120. Reduction of capital stock.
§ 58-7-125. Dividends not payable when capital stock impaired; liability of stockholders for unlawful dividends.
§ 58-7-130. Dividends and distributions to stockholders.
§ 58-7-135: Repealed by Session Laws 1993, c. 452, s. 65.
§ 58-7-140. Certain officers debarred from commissions.
§ 58-7-145. Restrictions on purchase and sale of equity securities of domestic companies.
§ 58-7-155: Repealed by Session Laws 2005-424, s. 1.3, effective January 1, 2006, and applicable to applications filed, licenses issued, and licenses continued on or after that date.
§ 58-7-160. Investments unlawfully acquired.
§ 58-7-162. Allowable or admitted assets.
§ 58-7-163. Assets not allowed.
§ 58-7-168. Authorization of investment.
§ 58-7-172. Cash and deposits.
§ 58-7-173. Permitted insurer investments.
§ 58-7-177: Repealed by Session Laws 2001-223, s. 8.9.
§ 58-7-178. Foreign or territorial investments.
§ 58-7-182. Special investments by title insurers.
§ 58-7-183. Special consent investments.
§ 58-7-185. Prohibited investments and investment underwriting.
§ 58-7-187. Real estate, in general.
§ 58-7-188. Time limit for disposal of ineligible property and securities; effect of failure to dispose.
§ 58-7-190: Repealed by Session Laws 1993, c. 452, s. 65.
§ 58-7-192. Valuation of securities and investments.
§ 58-7-193. Valuation of property.
§ 58-7-195: Repealed by Session Laws 2003-212, s. 10, effective October 1, 2003.
§ 58-7-197. Replacing certain assets; reporting certain liabilities.
§ 58-7-198. Assets of foreign or alien insurers.
Article 8 - Mutual Insurance Companies.
§ 58-8-1. Mutual insurance companies organized; requisites for doing business.
§ 58-8-5. Manner of amending charter.
§ 58-8-10. Policyholders are members of mutual companies.
§ 58-8-15. Directors in mutual companies.
§ 58-8-20. Mutual companies with a guaranty capital.
§ 58-8-25. Dividends to policyholders.
§ 58-8-30. Contingent liability of policyholders.
§ 58-8-35. Contingent liability printed on policy.
§ 58-8-40. Nonassessable policies; foreign or alien companies.
§ 58-8-45. Waiver of forfeiture in policies assigned or pledged; notice of assignment; payment of assessment or premium by assignee or mortgagee.
§ 58-8-50. Guaranty against assessments prohibited.
§ 58-8-55. Manner of making assessments; rights and liabilities of policyholders.
§ 58-8-60. Independent charters for members of the Farmers Mutual Fire Insurance Association of North Carolina.
Article 9 - Reinsurance Intermediaries.
§ 58-9-1: Repealed by Session Laws 1993, c. 452, s. 65.
§ 58-9-5: Repealed by Session Laws 1993, c. 452, s. 65.
§ 58-9-10: Repealed by Session Laws 1993, c. 452, s. 65.
§ 58-9-11. Broker and insurer transactions.
§ 58-9-15: Repealed by Session Laws 1993, c. 452, s. 65.
§ 58-9-16. Manager and reinsurer transactions.
§ 58-9-20: Repealed by Session Laws 1993, c. 452, s. 65.
§ 58-9-22. Compliance with orders.
§ 58-9-25: Repealed by Session Laws 1993, c. 452, s. 65.
§ 58-9-30: Repealed by Session Laws 1993, c. 452, s. 65.
Article 10 - Miscellaneous Insurer Financial Provisions.
§ 58-10-1. Stock to mutual insurer conversion.
§ 58-10-5. Stock acquired to be turned over to voting trust until all stock acquired; dividends repaid to corporation for beneficiaries.
§ 58-10-10. Mutual to stock insurer conversion.
§ 58-10-12. Conversion plan requirements.
§ 58-10-40. Effect of consent.
§ 58-10-60. Acquisitions and dispositions of assets.
§ 58-10-65. Nonrenewals, cancellations, or revisions of ceded reinsurance agreements.
§ 58-10-75. Purpose and legislative intent.
§ 58-10-85. Establishment of protected cells.
§ 58-10-90. Use and operation of protected cells.
§ 58-10-95. Reach of creditors and other claimants.
§ 58-10-100. Conservation, rehabilitation, or liquidation of protected cell companies.
§ 58-10-105. No transaction of an insurance business.
§ 58-10-110. Authority to adopt rules.
§ 58-10-125. Policyholders position and capital and surplus requirements.
§ 58-10-130. Unearned premium reserve.
§ 58-10-135. Contingency reserve for mortgage guaranty insurers.
§ 58-10-140. Report of policyholder's position.
§ 58-10-145. Monoline requirement for mortgage guaranty insurers.
§ 58-10-150. Statement of actuarial opinion.
§ 58-10-155. Actuarial opinion summary.
§ 58-10-160. Actuarial report and work papers.
§ 58-10-165. Monetary penalties for failure to provide documents.
§ 58-10-170. Qualified immunity of appointed actuary.
§ 58-10-185. Purpose and scope.
§ 58-10-195. General requirements related to filing and extensions for filing of annual audited financial reports and audit committee appointment.
§ 58-10-200. Contents of annual audited financial report.
§ 58-10-205. Designation of independent certified public accountant.
§ 58-10-210. Qualifications of independent certified public accountant.
§ 58-10-215. Consolidated or combined audits.
§ 58-10-220. Scope of audit and report of independent certified public accountant.
§ 58-10-225. Notification of adverse financial condition.
§ 58-10-230. Communication of internal control related matters noted in an audit.
§ 58-10-235. Accountant's letter of qualifications.
§ 58-10-240. Definition, availability, and maintenance of independent certified public accountants' work papers.
§ 58-10-245. Requirements for audit committees.
§ 58-10-250. Conduct of insurer in connection with the preparation of required reports and documents.
§ 58-10-255. Management's report of internal control over financial reporting.
§ 58-10-260. Exemptions and effective dates.
§ 58-10-265. Canadian and British companies.
§ 58-10-285. Application; contents; process.
§ 58-10-290. Plan of reorganization.
§ 58-10-295. Powers of the Commissioner.
§ 58-10-300. Special financial requirements.
§ 58-10-305. Reorganization of domestic mutual insurer with mutual insurance holding company.
§ 58-10-310. Mergers of mutual insurance holding companies.
§ 58-10-320. Regulation of holding company system.
§ 58-10-325. Reporting of stock ownership and transactions.
§ 58-10-345. Licensing; authority; confidentiality.
§ 58-10-347. Provisional approval for a license.
§ 58-10-350. Commissioner use of consultants and other professionals.
§ 58-10-360. Designation of captive manager.
§ 58-10-365. Names of companies.
§ 58-10-370. Capital and surplus requirements.
§ 58-10-375. Dividends and distributions.
§ 58-10-380. Formation of captive insurance companies.
§ 58-10-390. Conflict of interest.
§ 58-10-400. Insurance manager and intermediaries.
§ 58-10-410: Reserved for future codification purposes.
§ 58-10-415. Annual audit and statement of actuarial opinion.
§ 58-10-420. Independent certified public accountants.
§ 58-10-435. License suspension or revocation.
§ 58-10-450. Membership in rating organizations; exemption from compulsory associations.
§ 58-10-460. Adoption and amendment of rules by Commissioner.
§ 58-10-470: Repealed by Session Laws 2016-78, s. 4.1(q), effective June 30, 2016.
§ 58-10-475. Supervision; rehabilitation; liquidation.
§ 58-10-480. Authority for expenditure of public funds.
§ 58-10-485. Violations and penalties.
§ 58-10-490. Inactive captive insurance companies.
§ 58-10-495. Captive insurance companies reinsuring life insurance policies.
§ 58-10-496. Waiver or modification.
§ 58-10-500. Forming a protected cell captive insurance company.
§ 58-10-505. Additional filing requirements for applicant protected cell captive insurance companies.
§ 58-10-510. Establishment of protected cells.
§ 58-10-512. Incorporated protected cells.
§ 58-10-513. Cell shares and cell dividends.
§ 58-10-515. Participants in a protected cell captive insurance company.
§ 58-10-517. Company to inform persons they are dealing with protected cell captive insurance company.
§ 58-10-520. Combining assets of protected cells.
§ 58-10-525. Application of supervision, rehabilitation, and liquidation provisions to protected cell captive insurance companies.
§ 58-10-530. Establishment of branch captive insurance companies.
§ 58-10-535. Security for payment of branch captive insurance company liabilities.
§ 58-10-540: Repealed by Session Laws 2015-99, s. 1, effective June 19, 2015.
§ 58-10-545. Filing of reports and statements.
§ 58-10-550. Audit of a branch captive insurance company.
§ 58-10-555. Creation of special purpose financial captives.
§ 58-10-560. Controlling provisions when conflict exists; exemptions.
§ 58-10-570. Organization of an SPFC.
§ 58-10-585. Establishment of protected cell accounts.
§ 58-10-590. Protected cell accounts.
§ 58-10-600. Asset management agreements.
§ 58-10-610. No securities considered to be insurance or reinsurance contracts.
§ 58-10-615. Disposition of assets; investment limitations.
§ 58-10-625. Changes in plan of operation; filing of audit and statement of operation; audits.
§ 58-10-630. Cessation of business.
§ 58-10-635. Supervision, rehabilitation, or liquidation of SPFC.
§ 58-10-650. Other laws applicable to captive insurance companies.
§ 58-10-655. Commissioner to share information with Department of Revenue.
§ 58-10-700. Purpose and scope.
§ 58-10-710. Risk management framework.
§ 58-10-720. ORSA Summary Report.
§ 58-10-730. Contents of ORSA Summary Report.
Article 11 - Assessment Companies.
§ 58-11-1. Copies of charter and bylaws filed.
§ 58-11-5. Contracts must accord with charter and bylaws.
§ 58-11-10. "Assessment plan" printed on application and policy.
§ 58-11-15. Revocation for noncompliance.
§ 58-11-20. Deposits and advance assessments required.
§ 58-11-25. Deposits by foreign assessment companies or orders.
§ 58-11-30. Revocation of license.
§ 58-11-35. Mutual life insurance companies; assessments prohibited.
Article 12 - Risk-Based Capital Requirements.
§ 58-12-1: Repealed by Session Laws 1993, c. 452, s. 65.
§ 58-12-4. Finding; endorsement of additional capital.
§ 58-12-5. Repealed by Session Laws 1993, c. 452, s. 65.
§ 58-12-6. Risk-based capital reports.
§ 58-12-10. Repealed by Session Laws 1993, c. 452, s. 65.
§ 58-12-11. Company action level event.
§ 58-12-15. Repealed by Session Laws 1993, c. 452, s. 65.
§ 58-12-16. Regulatory action level event.
§ 58-12-20. Repealed by Session Laws 1993, c. 452, s. 65.
§ 58-12-21. Authorized control level event.
§ 58-12-25. Mandatory control level event.
§ 58-12-35. Confidentiality and prohibition on announcements.
§ 58-12-40. Supplemental provisions; rules; exemptions.
§ 58-12-60. Property or casualty phase-in provision.
§ 58-12-65. Health organization phase-in provision.
§ 58-12-70. HMO net worth requirements.
Article 13 - Asset Protection Act.
§ 58-13-25. Prohibition of hypothecation.
Article 14 - Unauthorized Insurance by Domestic Companies.
§ 58-14-1. Purpose of Article.
§ 58-14-5. Domestic insurers prohibited from transacting business in foreign states without authorization; exceptions.
§ 58-14-10. Domestic insurers; advertising; exceptions.
§ 58-14-15. Penalties provided for unauthorized acts.
Article 15 - Reciprocal Insurance.
§ 58-15-10. Kinds of insurance.
§ 58-15-20. Eligible contracting persons.
§ 58-15-30. License, surplus, and deposit requirements.
§ 58-15-35. Continuation of business under prior requirements.
§ 58-15-40. Certification of foreign and alien reciprocals.
§ 58-15-50. Contracts and property.
§ 58-15-60. Subscribers' contingent liability.
§ 58-15-70. Distribution to subscribers.
§ 58-15-80: Reserved for future codification purposes.
§ 58-15-85. Service of process.
§ 58-15-95. Liability on judgments.
§ 58-15-100. Declaration for license.
§ 58-15-110. Deposit in lieu of bond.
§ 58-15-120. Subscriber's agreement and power of attorney.
§ 58-15-125. Modification of subscriber's agreement and power of attorney.
§ 58-15-130. Advance of funds.
§ 58-15-140. Duration of liability for assessment.
§ 58-15-145. Distribution of assets after liquidation.
§ 58-15-150. Financial impairment; assessment; liquidation.
Article 16 - Foreign or Alien Insurance Companies.
§ 58-16-1. Admitted to do business.
§ 58-16-5. Conditions of licensure.
§ 58-16-6. Conditions of continued licensure.
§ 58-16-10. Limitation as to kinds of insurance.
§ 58-16-15. Foreign companies; requirements for admission.
§ 58-16-20. Company owned or controlled by foreign government prohibited from doing business.
§ 58-16-30. Service of legal process upon Commissioner.
§ 58-16-35. Unauthorized Insurers Process Act.
§ 58-16-40. Alternative service of process on insurers.
§ 58-16-45. Commissioner to notify company of service or acceptance of service of process.
§ 58-16-50. Action to enforce compliance with this Chapter.
§ 58-16-55. Amendments to documents.
Article 17 - "Lloyds" Insurance Associations.
§ 58-17-1. "Lloyds" insurance associations may transact business of insurance other than life, on certain conditions.
Article 18 - Promoting and Holding Companies.
§§ 58-18-1 through 58-18-25: Repealed by Session Laws 2001-223, s. 15, effective June 15, 2001.
Article 19 - Insurance Holding Company System Regulatory Act.
§ 58-19-1. Findings; purpose; legislative intent.
§ 58-19-2. Compliance with federal law.
§ 58-19-10. Subsidiaries of insurers.
§ 58-19-15. Acquisition of control of or merger with domestic insurer.
§ 58-19-17. Foreign or alien insurer's report of change of control.
§ 58-19-20: Repealed by Session Laws 1993, c. 452, s. 65.
§ 58-19-25. Registration of insurers.
§ 58-19-30. Standards and management of an insurer within an insurance holding company system.
§ 58-19-45. Injunctions; prohibitions against the voting of securities; sequestration of voting securities.
§ 58-19-65. Revocation or suspension of insurer's license.
§ 58-19-70. Judicial review; mandatory injunction or writ of mandamus.
§ 58-19-75. Forms – general requirements.
§ 58-19-80. Forms – incorporation by reference, summaries and omissions.
§ 58-19-85. Forms – information unknown or unavailable and extension of time to furnish.
§ 58-19-90. Forms – additional information and exhibits.
Article 20 - Hull Insurance, and Protection and Indemnity Clubs.
§ 58-20-10. Commercial Fishermen Hull Insurance, and Protection and Indemnity Clubs authorized.
§ 58-20-15. Board of trustees.
§ 58-20-20. Mutual agreement for indemnification.
§ 58-20-25. Termination of Club membership; notice.
§ 58-20-30. Financial monitoring and evaluation of clubs.
§ 58-20-35. Insolvency or impairment of Club.
§ 58-20-40. Immunity of administrators and boards of trustees.
Article 21 - Surplus Lines Act.
§ 58-21-2. Relationship to other insurance laws.
§ 58-21-4. Nonadmitted and Reinsurance Reform Act duties.
§ 58-21-5. Purposes; necessity for regulation.
§ 58-21-15. Placement of surplus lines insurance.
§ 58-21-16. Streamlined application for commercial purchasers.
§ 58-21-17. Placement with alien insurers.
§ 58-21-20. Eligible surplus lines insurer required.
§ 58-21-21. Nonadmitted domestic surplus lines insurer.
§ 58-21-22. Limitation on amount of salary protection insurance.
§ 58-21-25. Other nonadmitted insurers.
§ 58-21-30. Withdrawal of eligibility from a surplus lines insurer.
§ 58-21-35. Duty to file and retain reports.
§ 58-21-40. Surplus lines regulatory support organization.
§ 58-21-45. Evidence of the insurance; changes; penalty.
§ 58-21-50. Duty to notify insured.
§ 58-21-55. Valid surplus lines insurance.
§ 58-21-60. Effect of payment to surplus lines licensee.
§ 58-21-65. Licensing of surplus lines license.
§ 58-21-70. Surplus lines licensees may accept business from other agents or brokers.
§ 58-21-75. Records of surplus lines licensee.
§ 58-21-80. Quarterly reports; summary of exported business.
§ 58-21-85. Surplus lines tax.
§ 58-21-90. Collection of tax.
§ 58-21-95. Suspension, revocation or nonrenewal of surplus lines licensee's license.
§ 58-21-100. Actions against surplus lines insurer; service of process.
Article 22 - Liability Risk Retention.
Article 23 - Local Government Risk Pools.
§ 58-23-1. Short title; definition.
§ 58-23-5. Local government pooling of property, liability and workers' compensation coverages.
§ 58-23-10. Board of trustees.
§ 58-23-25: Repealed by Session Laws 1993, c. 452, s. 65.
§ 58-23-26. Financial monitoring and evaluation of pools.
§ 58-23-30. Insolvency or impairment of pool.
§ 58-23-35. Immunity of administrators and boards of trustees.
§ 58-23-40. Pools not covered by guaranty associations.
§ 58-23-45. Relationship to other insurance laws.
Article 24 - Fraternal Benefit Societies.
§ 58-24-1. Fraternal benefit societies.
§ 58-24-10. Representative form of government.
§ 58-24-20. Purposes and powers.
§ 58-24-25. Qualifications for membership.
§ 58-24-30. Location of office, meetings, communications to members, grievance procedures.
§ 58-24-35. No personal liability.
§ 58-24-50. Amendments to laws.
§ 58-24-65. Consolidations and mergers.
§ 58-24-70. Conversion of fraternal benefit society into mutual life insurance company.
§ 58-24-85. Benefits not attachable.
§ 58-24-90. The benefit contract.

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