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Co-Authored-By: Claude Opus 4.8 <noreply@anthropic.com>
2026-07-06 10:51:44 -04:00

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LegalText 15 U.S.C. § 8222 Regulation of reinsurer solvency us united_states_code code_section 15 COMMERCE AND TRADE 108 STATE-BASED INSURANCE REFORM 8222 15 U.S.C. § 8222 current 119-100 2026-06-26 official https://uscode.house.gov/download/releasepoints/us/pl/119/100/xml_usc15@119-100.zip /us/usc/t15/s8222 data/legal/raw/us/code/title-15/usc15.xml 52330a155c59437183de789a8da411d561867e858060b2776ac863f58db18606 6982338d990ef19d6b52bff6825089bdd6d0ee1233d9382673faf533decd5059 e663ffbec272a9ee66cd4e938270e2fc59348db8e5adc2f7f2f82c68cce24c28 2026-07-04 official
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15 U.S.C. § 8222 - Regulation of reinsurer solvency

Text

(a) Domiciliary State regulation If the State of domicile of a reinsurer is an NAIC-accredited State or has financial solvency requirements substantially similar to the requirements necessary for NAIC accreditation, such State shall be solely responsible for regulating the financial solvency of the reinsurer.

(b) Nondomiciliary States (1) Limitation on financial information requirements If the State of domicile of a reinsurer is an NAIC-accredited State or has financial solvency requirements substantially similar to the requirements necessary for NAIC accreditation, no other State may require the reinsurer to provide any additional financial information other than the information the reinsurer is required to file with its domiciliary State.

(2) Receipt of information No provision of this section shall be construed as preventing or prohibiting a State that is not the State of domicile of a reinsurer from receiving a copy of any financial statement filed with its domiciliary State.

(Pub. L. 111203, title V, § 532, July 21, 2010, 124 Stat. 1595.)