Investor Presentaiton

Reporting Obligations Under the Act Compliance Certification §§ 38-99-20(1) Due Annually: Each insurer domiciled in this state must submit to the Director, a written statement by February 15, certifying that the insurer is in compliance with the requirement set forth in 38-99-20(1) of this Act. Each insurer shall maintain for examination by the Department of all records, schedules and data supporting this certificate for a period of five years. To the extent an insurer has identified areas, systems or processes that require material improvement, updating or redesign, the insurer shall document the identification and the remedial efforts planned and underway to address such areas, systems or processes.

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