Tenn. Comp. R. & Regs. 0780-01-67-.10

Current through December 10, 2024

Section 0780-01-67-.10 - ACQUISITION TO DOMESTIC INSURERS

(1) If the person being acquired is deemed to be a "domestic insurer" solely because of the provisions of T.C.A. §56- 11-203(a) the name of the domestic insurer on the cover page should be indicated as follows:

"ABC Insurance Company, a subsidiary of XYZ Holding Company."

(2) Where a T.C.A. § 56-11-203(a) insurer is being acquired, references to "the insurer" contained in Form A shall refer to both the domestic subsidiary insurer and the person being acquired.

Tenn. Comp. R. & Regs. 0780-01-67-.10

Original rule filed March 31, 1995; effective June 16, 1995.

Authority: T.C.A. §§ 56-2-301, 56-11-203(a) and 56-11-209.