R590-265-2. Purpose and Scope  


Latest version.
  • (1) The purpose of this rule is to set forth the standards which the commissioner may use for identifying insurers found to be in such condition as to render the continuance of their business hazardous to:

    (a) their policyholders;

    (b) creditors; or

    (c) the general public.

    (2) This rule shall not be interpreted to:

    (a) limit the powers granted the commissioner by any laws or parts of laws of this state; or

    (b) supersede any laws or parts of laws of this state.