G10: Market Regulation Section II

Birthplace

Insolvency

Insolvency

Paid-in Capital (Cushion)

Conservation

Conservator

Refusal to turn over books, records or assets after Commissioner issues a seizure order during an insolvency proceeding will be guilty of MISDEMEANOR and subject to...

If commissioner determines that it is futile to proceed as conservator, he will liquidate and wind up the business of insurer.

Efforts to Combat Fraud

Efforts to Combat Fraud

PERJURY

Committing fraud can result in...

Insurers CANNOT refuse an application or to issue insurance under LESS FAVORABLE conditions because of...

Insurers CANNOT refuse an application or to issue insurance under LESS FAVORABLE conditions because of...