Director’s annual reports
- • notice of publication of report
(1) The Director of the Department of Consumer and Business Services shall prepare annually, as soon after March 1 as is consistent with full and accurate preparation, a report of the official transactions of the director under the Insurance Code. The report shall include:
(a) In condensed form statements made to the director by every insurer authorized to do business in this state.
(b) A statement of all insurers authorized to do business in this state as of the date of the report.
(c) A list of insurers whose business in this state was terminated and the reason for the termination. If the termination was a result of liquidation or delinquency proceedings brought against the insurer in this or any other state, the report shall include the amount of the insurer’s assets and liabilities so far as those amounts are known to the director.
(d) A statement of the operating expenses of the Department of Consumer and Business Services under the Insurance Code, including salaries, transportation, communication, printing, office supplies, fixed charges and miscellaneous expenses.
(e) A detailed statement of the moneys, fees and taxes received by the department under the Insurance Code and from what source.
(f) Any other pertinent information and matters as the director considers to be in the public interest.
(2) The director shall give notice of the publication of the report to:
(a) The office of the Speaker of the House of Representatives;
(b) The office of the President of the Senate; and
(c) The chair or cochairs of the Joint Committee on Ways and Means if the Legislative Assembly is in session or of the Emergency Board or the Joint Interim Committee on Ways and Means if during the interim. [Formerly 736.520; 1987 c.373 §79; 2005 c.185 §8; 2012 c.107 §18]
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