Louisiana § 22:1726 Duties of insurers utilizing the services of a reinsurance intermediary-broker

Louisiana Statutes

§ 22:1726 — Duties of insurers utilizing the services of a reinsurance intermediary-broker

Louisiana § 22:1726

Title 22Insurance

This text of Louisiana § 22:1726 (Duties of insurers utilizing the services of a reinsurance intermediary-broker) is published on Counsel Stack Legal Research, covering Louisiana primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook

La. Stat. Ann. § 22:1726 (2026).

Text

§1726. Duties of insurers utilizing the services of a reinsurance intermediary-broker

A.An insurer shall not engage the services of any person to act as a reinsurance intermediary-broker on its behalf, unless such person is licensed as required by R.S. 22:1723(A).

B.An insurer may not employ an individual who is employed by a reinsurance intermediary-broker with which it transacts business, unless such reinsurance intermediary-broker is under common control with the insurer and subject to the Insurance Holding Company System Regulatory Law, R.S. 22:691.1 et seq.

C.The insurer shall annually obtain a copy of statements of the financial condition of each reinsurance intermediary-broker with which it transacts business.

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§1726. Duties of insurers utilizing the services of a reinsurance intermediary-broker
A. An insurer shall not engage the services of any person to act as a reinsurance
intermediary-broker on its behalf, unless such person is licensed as required by R.S.
22:1723(A).
B. An insurer may not employ an individual who is employed by a reinsurance
intermediary-broker with which it transacts business, unless such reinsurance intermediary-broker is under common control with the insurer and subject to the Insurance Holding
Company System Regulatory Law, R.S. 22:691.1 et seq.
C. The insurer shall annually obtain a copy of statements of the financial condition
of each reinsurance intermediary-broker with which it transacts business.

Legislative History

Acts 1992, No. 811, §1; Redesignated from R.S. 22:1210.25 by Acts 2008, No. 415, §1, eff. Jan. 1, 2009; Acts 2011, No. 94, §1, eff. Jan. 1, 2012; Acts 2022, No. 161, §1.