For purposes of this article, the term:
- (1) "Director" means the Director of the Department of Insurance.
- (2) "Insurance group" means insurers and affiliates included within an insurance holding company system.
- (3) "Insurer" has the same meaning as set forth in Section 38-1-20, except the term does not include agencies, authorities, or instrumentalities of the United States, its possessions and territories, the Commonwealth of Puerto Rico, the District of Columbia, or a state or political subdivision of a state.