Definitions

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20-492. Definitions

In this article, unless the context otherwise requires:

1. " Corporate governance annual disclosure" or " CGAD" means a confidential report that is filed by the insurer or insurance group and that is made in accordance with the requirements of this article.

2. " Insurance group" means those insurers and affiliates included within an insurance holding company system as defined in section 20-481.

3. " Insurer" :

(a) Means a domestic insurer as defined in section 20-203.

(b) Does not include:

(i) An agency, authority or instrumentality of the United States and its possessions and territories, the Commonwealth of Puerto Rico or the District of Columbia.

(ii) A state.

(iii) A political subdivision of a state.


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