Mo. Code Regs. tit. 20 § 200-17.200

Current through Register Vol. 49, No. 24, December 16, 2024
Section 20 CSR 200-17.200 - Procedure for Foreign Insurer to Obtain a Certificate of Authority to Transact the Business of Insurance

PURPOSE: This amendment removes outdated language.

(1) Any foreign insurance company, as that term is used in section 375.811, RSMo, making application to the director of the department for a certificate of authority to transact an insurance business in the state of Missouri shall do so by filing both of the following:
(A) A completed Uniform Certificate of Authority Application (UCAA) form as follows:
1. An expansion application, if the applicant is organized under the laws of a uniform state; or
2. A primary application, if the applicant is not organized under the laws of a uniform state; and
(B) Additional information as follows:
1. A narrative description of the history of the applicant;
2. Explanation of any unique assets, liabilities, or operating aspects of the applicant; and
3. A detailed explanation of any present controversy with any state or federal regulatory agency or of any presently pending formal or informal hearings.
(2) A uniform state is a state or territory of the United States that is committed to using the UCAA review process for company admissions.
(3) Upon request, the department will provide information regarding:
(A) Whether a state or territory is a uniform state;
(B) How to obtain the appropriate UCAA form (including any forms specific to Missouri under the UCAA review process); and
(C) The application of the statutory standards for evaluating an application for a certificate of authority.

20 CSR 200-17.200

AUTHORITY: section 374.045, RSMo 2000.* Original rule filed June 14, 2001, effective Dec. 30, 2001.
Amended by Missouri Register March 15, 2019/Volume 44, Number 6, effective 4/30/2019

*Original authority: 374.045, RSMo 1967, amended 1993, 1995.