1. As soon as practical after the annual financial statements have been received from the authorized insurers, the superintendent may make a written report to the Governor showing with respect to the preceding calendar year:
A. The receipts and expenses of the bureau for the year; [PL 1973, c. 585, §12 (AMD).]
B. A summary of the insurance business transacted in this State; [PL 1969, c. 132, §1 (NEW).]
C. A summary of the financial condition of each authorized insurer, as shown by its most recent financial statement on file with the superintendent; [PL 1973, c. 585, §12 (AMD).]
D. Such recommendations as the superintendent considers advisable relative to amendment or supplementation of the insurance laws; and [RR 2021, c. 1, Pt. B, §161 (COR).]
E. Such other information and matters as the superintendent considers to be in the public interest relative to the insurance business in this State. [RR 2021, c. 1, Pt. B, §162 (COR).]

[RR 2021, c. 1, Pt. B, §§161, 162 (COR).]

Terms Used In Maine Revised Statutes Title 24-A Sec. 217

  • Amendment: A proposal to alter the text of a pending bill or other measure by striking out some of it, by inserting new language, or both. Before an amendment becomes part of the measure, thelegislature must agree to it.
  • Year: means a calendar year, unless otherwise expressed. See Maine Revised Statutes Title 1 Sec. 72
2. If the report is printed, the superintendent shall furnish a copy upon request thereby to the insurance supervisory official of other states and to authorized insurers; and, if copies are available for the purpose, to other persons who so request and upon payment by such persons of such reasonable charge therefor as may be fixed by the superintendent.

[PL 1973, c. 585, §12 (AMD).]

SECTION HISTORY

PL 1969, c. 132, §1 (NEW). PL 1973, c. 585, §12 (AMD). PL 1975, c. 771, §260 (AMD). RR 2021, c. 1, Pt. B, §§161, 162 (COR).
  Previous section
Next section  
 Chapter 3 Contents