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).]

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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).