South Carolina Statutes
§ 38-13-1010 — Definitions.
For the purposes of this article:
(1)"Corporate Governance Annual Disclosure" or "CGAD" means a confidential report filed by an insurer or insurance group made in accordance with the requirements of this article.
(2)"Director" means the Director of the Department of Insurance or his designee.
(3)"Insurance group" means insurers and affiliates included within an insurance holding company system as defined in Section 38-21-10.
(4)"Insurer" has the same meaning as set forth in Section 38-1-20, except the term does 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.
(5)"NAIC" means the National Association of Insurance Commis
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Legislative History
HISTORY: 2019 Act No. 3 (S.75), SECTION 1, eff March 20, 2019.
Nearby Sections
15
§ 38-13-1000
Purpose; construction; application.§ 38-13-1010
Definitions.§ 38-13-1030
Rules, regulations, and orders.§ 38-13-1040
Discretion over responses to inquiries; examination of documentation and supporting information.§ 38-13-1060
Retention of third-party consultants.§ 38-13-1070
Penalties.§ 38-13-1080
Effective date of this article.§ 38-13-130
Records of losses and claims.