D.C. Mun. Regs. tit. 26, r. 26-A4099
Where applicable, the words and phrases used in this chapter shall have the same meaning as is found in the Captive Insurance Company Act of 2004, effective March 17, 2005 (D.C. Law 15-262; D.C. Official Code § 31-3131.01et seq.). Additionally, for purpose of this chapter, the term:
"Act" means the Captive Insurance Company Act of 2004, effective March 17, 2005 (D.C. Law 15-262; D.C. Official Code § 31-3131.01et seq.).
"Assessable policy" means an insurance policy that permits an insurer to require its policyholders to contribute additional monies to the insurer in the event that the insurer has insufficient funds to cover losses it is obligated to pay.
"Reciprocal insurers" or "reciprocals" mean an unincorporated insurance company, under a common name, in which subscribers exchange insurance policies through an Attorney in Fact, having the authority to obligate each subscriber both as insured and insurer, for the purpose of transferring and distributing insurance risks among its subscribers.
"Reciprocal interinsurance contract" means an insurance policy that is used to transfer and distribute insurance risks in a reciprocal insurance company.
"Risk retention group" has the same meaning as the term is defined in section 2(12) of the Risk Retention Act of 1993, effective October 21, 1993 (D.C. Official § 31 -4101(12)).
"Subscriber" means one or more persons who obtain insurance through the exchange of agreements of indemnity in a reciprocal insurer and who are obligated under a reciprocal insurance agreement.
D.C. Mun. Regs. tit. 26, r. 26-A4099