A. Except as provided in subsection B of this section, if an insurance institution is subject to and in compliance with Title 45 of the Code of Federal Regulations, Part 164, subparts A and E, the insurance institution is deemed to comply with this article.

B. An insurance institution is subject to sections 20-2103, 20-2107, 20-2110, 20-2111, 20-2112, 20-2114, 20-2115, 20-2116, 20-2117, 20-2118, 20-2119, 20-2120 and 20-2121.