A. On request of the insurance supervisory official of any other state, province or country; of the national association of insurance commissioners or similar association of insurance regulatory officials; or of a federal agency, the superintendent shall communicate to the official, association or agency information that it is the superintendent's duty by law to ascertain respecting an insurer or other person transacting insurance in this state or otherwise subject to the superintendent's supervision.
B. The superintendent may be a member of the national association of insurance commissioners or any successor organization and may participate in and support cooperative activities of public agencies having supervision of the insurance business.
History: Laws 1984, ch. 127, § 34; 1991, ch. 125, § 3; 2014, ch. 59, § 1.
The 2014 amendment, effective July 1, 2014, provided for cooperation with federal agencies; in the catchline, after "interstate", added "federal and international"; and in Subsection A, after "insurance regulatory officials", added "or of a federal agency", after "the official", deleted "or", and after "the official association" deleted "any" and added "or agency".
Severability. — Laws 2014, ch. 59, § 54 provided that if any part or application of the provisions of Laws 2014, ch. 59 is held invalid, the remainder or its application to other situations or persons shall not be affected.
The 1991 amendment, effective April 3, 1991, rewrote Subsection A which read "On request of the insurance supervisory official of any other state, province or country, the superintendent shall communicate to such official any information which it is his duty by law to ascertain respecting authorized insurers."
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