Usufruct
R.S. 22:1726

Duties of insurers utilizing the services of a reinsurance intermediary-broker ACTIVE

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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JSON Markdown Source (legis.la.gov)

References

Cited by

None.

History

  • enactment Acts 1992, No. 811, §1
  • amendment Acts 2011, No. 94, §1, eff. Jan. 1, 2012
  • amendment Acts 2022, No. 161, §1

Section navigation

Cite R.S. 22:1726

Bluebook
La. Rev. Stat. Ann. § 22:1726 (2026).
Permalink
https://theusufruct.com/rs/title-22/section-1726
BibTeX
@misc{larevstat-22-1726,
  title        = {La. Rev. Stat. Ann. § 22:1726},
  howpublished = {Louisiana Revised Statutes},
  year         = {2026},
  url          = {https://theusufruct.com/rs/title-22/section-1726},
  note         = {Snapshot 2026-05-22}
}