PURPOSE: The purpose of this rule is to prescribe forms and procedures to be followed in applications for a certificate of authority to transact an insurance business in this state. This rule also effectuates or aids in the interpretation of section 375.811, RSMo.

1. (1) Any foreign insurance company, as that term is used in section 375.811, RSMo, making application to the director of the Department of Insurance for a certificate of authority to transact an insurance business in the state of Missouri shall do so by filing both of the following:

   1. (A) A completed Uniform Certificate of Authority Application (UCAA) form as follows:

      1. 1. An expansion application, if the

applicant is organized under the laws of a uniform state; or

1. 2. A primary application, if the appli-

cant is not organized under the laws of a uniform state; and

1. (B) Additional information as follows:

   1. 1. A letter from the insurance commis-

sioner of the applicant’s domicile state stating that according to his/her records, the applicant is prompt and equitable in its loss payments to policyholders and payments are in accordance with policy provisions;

1. 2. A narrative description of the history

of the applicant;

1. 3. Explanation of any unique assets, lia-

bilities or operating aspects of the applicant; and

1. 4. A detailed explanation of any present

controversy with any state or federal regulatory agency or of any presently pending formal or informal hearings.

1. (2) A uniform state is a state or territory of the United States that is committed to using the UCAA review process for company admissions.

2. (3) Upon request, the Missouri Department of Insurance will provide information regarding:

   1. (A) Whether a state or territory is a uniform state;
   2. (B) How to obtain the appropriate UCAA form (including any forms specific to Missouri under the UCAA review process); and
   3. (C) The application of the statutory standards for evaluating an application for a certificate of authority.

AUTHORITY: section 374.045, RSMo 2000.* Original rule filed June 14, 2001, effective Dec. 30, 2001.

*Original authority: 374.045, RSMo 1967, amended 1993, 1995.