Annual Certification and Filing

PURPOSE: This rule implements and administers sections 375.147–375.153, RSMo regarding annual certification and filing. (1) Annual Certification and Filing. Each insurer which has appointed a managing general agent (MGA) annually each January 1 shall— (A) Certify the existence or performance of the continued obligations imposed by section 375.150, RSMo by filing for each appointed MGA a completed certification on Form MGA-3; and (B) File a copy of the report of the most recent annual independent financial examination of the MGA, which may be satisfied by either an audit by a certified public accountant, or in some other form approved by the director. AUTHORITY: sections 374.045 and 375.153, RSMo 2016.* This rule was previously filed as 4 CSR 190-11.340(4). Original rule filed Jan. 22, 1991, effective July 8, 1991. Amended: Filed Dec. 13, 2018, effective July 30, 2019. *Original authority: 374.045, RSMo 1967, amended 1993, 1995, 2008 and 375.153, RSMo 1990.