§ 22:691.52 — Definitions

Louisiana § 22:691.52

• Jurisdiction: Louisiana
• Title 22: Insurance

Text

§691.52. Definitions
For purposes of this Subpart:
(1) "Corporate governance annual disclosure" or "CGAD" means a confidential
report filed by the insurer or insurance group compiled in accordance with the requirements
of this Subpart.
(2) "Insurance group" means those insurers and affiliates included within an
insurance holding company system as defined in the Insurance Holding Company System
Regulatory Law, R.S. 22:691.1 et seq.
(3) "Insurer" means an insurer as defined in R.S. 22:46, except that it shall not
include agencies, authorities, or instrumentalities of the United States, its possessions and
territories, the Commonwealth of Puerto Rico, the District of Columbia, or a state or political
subdivision of a state.
(4) "NAIC" means the National Association of Insurance Commissioners.
(5) "ORSA summary report" means a confidential high-level summary of an insurer's
or insurance group's own risk and solvency assessment.

Legislative History

Acts 2015, No. 304, §1, eff. Jan. 1, 2016.