California Code of Regulations › Title 10 - Investment › Chapter 5 - Insurance Commissioner › Subchapter 3 - Insurers › Article 1.3 - Standards for Approval of Insurer Names › Section 2278.52 - Written Application

Current through Register 2024 Notice Reg. No. 28, July 12, 2024
(a)
				  An Applicant seeking approval of a name shall submit a written application
				  containing the information set forth below, together with any other information
				  that is reasonably required by the Commissioner under the circumstances. An
				  Applicant may use the Commissioner's Form N-1 for this purpose.
(1) The name for which approval is sought and
				  up to two alternative names, if desired, in order of preference;
(2) The Applicant's state of
				  domicile;
(3) The Applicant's
				  Federal Employer Identification Number;
(4) The Applicant's National Association of
				  Insurance Commissioners number and, if applicable, group number and group
				  name;
(5) An organizational chart
				  identifying all Affiliates, including parent companies and subsidiaries. If the
				  Applicant has not yet been formed, the organizational chart must specify the
				  proposed position of the Applicant on the organizational chart upon completion
				  of the Applicant's formation;
(6)
				  In the case of an Applicant that is not affiliated with any other company or
				  person, the names of the owners or proposed owners of the Applicant;
(7) If the Applicant is an underwritten title
				  company, the counties in which business is or will be transacted and the title
				  insurers that will underwrite the policies offered by Applicant;
(8) The classes of insurance as specified in
				  Insurance Code §
											100 and the
				  classes of insurance or contracts as defined in Insurance Code Sections
				  101 through
				  124.5 and
				  Section 12100 that the Applicant transacts
				  or proposes to transact in California, including statutorily authorized
				  specialty lines, such as: variable life insurance, variable annuities, modified
				  guaranteed annuities, and universal life insurance;
(9) A list identifying every application or
				  filing pending with the Commissioner by or pertaining to the Applicant, or by
				  or pertaining to any Affiliate, regarding transaction of its business, or
				  transaction of any Affiliate's business, in California. The foregoing includes,
				  but is not limited to, an application for a certificate of authority, an
				  amended certificate of authority, a securities permit, an application or filing
				  required by Insurance Code Section
				  1011(c),
				  and an application pursuant to Insurance Code Sections
				  1215
et seq
. Applications pertaining to dividends, property and
				  casualty rates, and form filings are not required to be listed;
(10) In the case of a foreign or alien
				  insurer or other entity that will be required to use an operating name in
				  California, a certified copy of a resolution by its board of directors (or if
				  its form of business organization does not have a board of directors, its
				  governing body) authorizing the use of the fictitious business name or
				  operating name in California.