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Subchapter A. General Provisions
Section 4152.001. Definitions - Sec. 4152.001. DEFINITIONS. In this chapter: (1) "Actuary" means a...
Section 4152.002. Classification as Commercially Domiciled Insurer - Sec. 4152.002. CLASSIFICATION AS COMMERCIALLY DOMICILED INSURER. (a) For purposes...
Section 4152.003. Rights of Third Parties Not Affected - Sec. 4152.003. RIGHTS OF THIRD PARTIES NOT AFFECTED. This chapter...
Section 4152.004. Rules - Sec. 4152.004. RULES. The commissioner may adopt reasonable rules as...
Subchapter B. License Requirements
Section 4152.051. License Required - Sec. 4152.051. LICENSE REQUIRED. (a) A person may not act...
Section 4152.052. Qualifications - Sec. 4152.052. QUALIFICATIONS. The commissioner may establish qualifications for a...
Section 4152.053. Application - Sec. 4152.053. APPLICATION. (a) An application for a reinsurance intermediary...
Section 4152.054. Service of Notice, Orders, and Process - Sec. 4152.054. SERVICE OF NOTICE, ORDERS, AND PROCESS. (a) An...
Section 4152.055. Fees - Sec. 4152.055. FEES. (a) The department shall collect a nonrefundable...
Section 4152.056. License Issuance - Sec. 4152.056. LICENSE ISSUANCE. The commissioner shall issue a reinsurance...
Section 4152.057. Persons Authorized to Act Under License - Sec. 4152.057. PERSONS AUTHORIZED TO ACT UNDER LICENSE. (a) A...
Section 4152.058. Bond or Errors and Omissions Policy - Sec. 4152.058. BOND OR ERRORS AND OMISSIONS POLICY. (a) The...
Section 4152.059. License Expiration and Renewal - Sec. 4152.059. LICENSE EXPIRATION AND RENEWAL. (a) A reinsurance intermediary...
Subchapter C. Examination of Reinsurance Intermediaries
Section 4152.101. Examination by Commissioner - Sec. 4152.101. EXAMINATION BY COMMISSIONER. (a) A reinsurance intermediary is...
Section 4152.102. Access to and Maintenance of Books, Bank Accounts, and Records - Sec. 4152.102. ACCESS TO AND MAINTENANCE OF BOOKS, BANK ACCOUNTS,...
Section 4152.103. Conduct of Examination - Sec. 4152.103. CONDUCT OF EXAMINATION. The commissioner, one or more...
Section 4152.104. Examination Expense - Sec. 4152.104. EXAMINATION EXPENSE. (a) A reinsurance intermediary who is...
Subchapter D. Requirements Relating to Brokers
Section 4152.151. Contract Between Broker and Insurer - Sec. 4152.151. CONTRACT BETWEEN BROKER AND INSURER. (a) A broker...
Section 4152.152. Placement of Reinsurance With Unauthorized Reinsurer - Sec. 4152.152. PLACEMENT OF REINSURANCE WITH UNAUTHORIZED REINSURER. Unless the...
Section 4152.153. Transaction Records - Sec. 4152.153. TRANSACTION RECORDS. (a) For at least 10 years...
Section 4152.154. Employment of Person by Insurer and Broker - Sec. 4152.154. EMPLOYMENT OF PERSON BY INSURER AND BROKER. A...
Subchapter E. Requirements Relating to Managers
Section 4152.201. Contract Between Manager and Insurer - Sec. 4152.201. CONTRACT BETWEEN MANAGER AND INSURER. (a) A manager...
Section 4152.202. Termination of Contract - Sec. 4152.202. TERMINATION OF CONTRACT. An insurer may: (1) terminate...
Section 4152.203. Accounting for Transactions - Sec. 4152.203. ACCOUNTING FOR TRANSACTIONS. A manager who enters into...
Section 4152.204. Management of Money - Sec. 4152.204. MANAGEMENT OF MONEY. (a) A manager shall pay...
Section 4152.205. Transaction Records - Sec. 4152.205. TRANSACTION RECORDS. (a) For at least 10 years...
Section 4152.206. Contract Assignment Prohibited - Sec. 4152.206. CONTRACT ASSIGNMENT PROHIBITED. A manager may not assign...
Section 4152.207. Compliance With Underwriting and Rating Standards of Insurer - Sec. 4152.207. COMPLIANCE WITH UNDERWRITING AND RATING STANDARDS OF INSURER....
Section 4152.208. Settlement of Claims - Sec. 4152.208. SETTLEMENT OF CLAIMS. (a) This section applies only...
Section 4152.209. Payment of Interim Profits - Sec. 4152.209. PAYMENT OF INTERIM PROFITS. If a contract entered...
Section 4152.210. Audited Statement of Manager's Financial Condition - Sec. 4152.210. AUDITED STATEMENT OF MANAGER'S FINANCIAL CONDITION. (a) A...
Section 4152.211. Disclosure of Relationships With Other Insurers - Sec. 4152.211. DISCLOSURE OF RELATIONSHIPS WITH OTHER INSURERS. Before ceding...
Section 4152.212. Acts of Manager Considered Acts of Insurer - Sec. 4152.212. ACTS OF MANAGER CONSIDERED ACTS OF INSURER. The...
Section 4152.213. Actuary's Opinion on Adequacy of Loss Reserves - Sec. 4152.213. ACTUARY'S OPINION ON ADEQUACY OF LOSS RESERVES. In...
Section 4152.214. Placement of Reinsurance With Unauthorized Reinsurer - Sec. 4152.214. PLACEMENT OF REINSURANCE WITH UNAUTHORIZED REINSURER. (a) Unless...
Section 4152.215. Prohibitions - Sec. 4152.215. PROHIBITIONS. (a) A reinsurance intermediary acting as a...
Section 4152.216. Employment of Person by Insurer and Manager - Sec. 4152.216. EMPLOYMENT OF PERSON BY INSURER AND MANAGER. A...
Subchapter F. Requirements Relating to Insurers
Section 4152.251. Engagement of Services of Unlicensed Broker or Manager - Sec. 4152.251. ENGAGEMENT OF SERVICES OF UNLICENSED BROKER OR MANAGER....
Section 4152.252. Audited Statement of Manager's Financial Condition - Sec. 4152.252. AUDITED STATEMENT OF MANAGER'S FINANCIAL CONDITION. An insurer...
Section 4152.253. Review of Underwriting and Claims Processing Operations - Sec. 4152.253. REVIEW OF UNDERWRITING AND CLAIMS PROCESSING OPERATIONS. An...
Section 4152.254. Authority for Retrocessional Contracts or Participation in Reinsurance Syndicates - Sec. 4152.254. AUTHORITY FOR RETROCESSIONAL CONTRACTS OR PARTICIPATION IN REINSURANCE...
Section 4152.255. Notification of Termination of Manager's Contract - Sec. 4152.255. NOTIFICATION OF TERMINATION OF MANAGER'S CONTRACT. (a) Not...
Section 4152.256. Appointment of Certain Persons to Board of Directors Prohibited - Sec. 4152.256. APPOINTMENT OF CERTAIN PERSONS TO BOARD OF DIRECTORS...
Subchapter G. Discipline and Enforcement
Section 4152.301. Grounds for License Denial or Disciplinary Action - Sec. 4152.301. GROUNDS FOR LICENSE DENIAL OR DISCIPLINARY ACTION. The...
Section 4152.302. Imposition of Sanctions - Sec. 4152.302. IMPOSITION OF SANCTIONS. (a) The commissioner may impose...