1. The commissioner may require a foreign or domestic insurance company to annually file a market conduct annual statement. The statement must: a. Be filed with the commissioner, or with the commissioner's designee, on a date specified by the commissioner; b. Include the scope of information prescribed by the commissioner; and c. Be in the proper form and transmitted, as prescribed by the commissioner.

2. The commissioner may, in the commissioner's discretion and for good cause, exclude an insurance company from filing a statement under this section.

3. The commissioner may adopt rules to implement and administer this section.