LAC 37:XIII.18109. Definitions

A. Strictly for purposes of Regulation 120, the following terms are defined as follows. Administrative Proceedings—proceedings in an administrative tribunal adjudicated by an administrative law judge and conducted in accordance with Chapter 12 of the Louisiana Insurance Code, R.S. 22:2191, et seq. and the Administrative Procedure Act, R.S. 49:950, et seq. Agency Proceedings—proceedings instituted or conducted by the Commissioner of Insurance. Commissioner—the Commissioner of Insurance, his deputy, or the Department of Insurance, as appropriate. License—any and all authorizations, certificates of authority, licenses, registrations, or other written instruments, acknowledgements, or statutory decrees, establishing that a person or entity is authorized to conduct the business of insurance in accordance with Title 22. Licensee—all persons and entities issued a “license” by the Department of Insurance or otherwise authorized by statute to conduct the business of insurance in this state. Additionally, the term licensee, as used in this regulation, includes approved unauthorized insurers, as defined in Chapter 2 of the Louisiana Insurance Code.