Insurance Business Transfer Plan definition

Insurance Business Transfer Plan or "Plan" means the plan submitted to the Department to accomplish the transfer and novation pursuant to an Insurance Business Transfer, including any associated transfer of assets and rights from or on behalf of the transferring insurer to the assuming insurer.
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Insurance Business Transfer Plan or "Plan" means the plan
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Insurance Business Transfer Plan means the Plan submitted to the Department to accomplish the transfer of liabilities and assets pursuant to an Insurance Business Transfer.
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Examples of Insurance Business Transfer Plan in a sentence

  • Within thirty (30) days after notice from the Commissioner that the applicant may proceed with the court filing, the applicant shall apply to the court for approval of the Insurance Business Transfer Plan.

  • Application to the court for approval of the Insurance Business Transfer Plan.

  • At any time before the court issues an order approving the Insurance Business Transfer Plan, the applicant may withdraw the Insurance Business Transfer Plan without prejudice.

  • The application shall be in the form of a verified petition for implementation of the Insurance Business Transfer Plan in the court.

  • After the comment period pursuant to paragraph 6 of subsection B of this section has ended the Insurance Business Transfer Plan shall be presented by the applicant for approval by the court.

  • The petition shall include the Insurance Business Transfer Plan and shall identify any documents and witnesses which the applicant intends to present at a hearing regarding the petition.

  • An Insurance Business Transfer Plan must be filed by the applicant with the Insurance Commissioner for his or her review and approval.

  • At the time of filing its application with the Insurance Commissioner for review and approval of an Insurance Business Transfer Plan, the applicant shall pay a nonrefundable fee to the Insurance Department.

  • If the court finds that the implementation of the Insurance Business Transfer Plan would not materially adversely affect the interests of policyholders or claimants that are part of the subject business, the court shall enter a judgment and implementation order.

  • Item No. 1 - Remove, recycle, and dispose of existing play apparatus.


More Definitions of Insurance Business Transfer Plan

Insurance Business Transfer Plan or “plan” means a plan that sets forth all provisions and includes all documentation regarding an insurance business transfer required under this chapter.
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Insurance Business Transfer Plan means the plan submitted
Sample 1Sample 2Sample 3
Insurance Business Transfer Plan or “plan” means a plan that sets
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Insurance Business Transfer Plan or "Plan" means the plan submitted to the Department to accomplish the transfer and novation pursuant to an Insurance Business Transfer, including any associated
Sample 1
Insurance Business Transfer Plan means the plan submitted to the Department to accomplish the transfer and novation pursuant to an insurance business transfer, including any associated transfer of assets and rights from or on behalf of the transferring insurer to the assuming insurer. An "insurance business transfer plan" is limited to the types of insurance described in clause (c) of Class 1, clauses (b) through (l) of Class 2, or Class 3 of Section 4.
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Related to Insurance Business Transfer Plan

  • life insurance business means the business of providing or undertaking to provide policy benefits under life policies;

  • insurance business means one or more aspects of the business of selling, issuing or underwriting insurance or reinsurance.

  • long-term insurance business means the business of providing or undertaking to provide policy benefits under long-term policies, but does not include -

  • Business Travel Policy means our business travel policy. A copy of our current Business Travel Policy is attached as Schedule 1 to Exhibit B.

  • Health benefit plan means a policy, contract, certificate or agreement offered or issued by a health carrier to provide, deliver, arrange for, pay for or reimburse any of the costs of health care services.

  • Seller 401(k) Plan shall have the meaning set forth in Section 6.01(i).

  • Basic health benefit plan means any plan offered to an individual, a small group,

  • Insurance holding company system means a group of two or more affiliated persons, at least one of whom is an insurer.

  • Community mental health program means all mental health

  • Child welfare services means social services including

  • Title IV-E Foster Care means a federal program authorized under §§ 472 and 473 of the Social

  • Long-term care insurance means group insurance that is authorized by the retirement system for retirants, retirement allowance beneficiaries, and health insurance dependents, as that term is defined in section 91, to cover the costs of services provided to retirants, retirement allowance beneficiaries, and health insurance dependents, from nursing homes, assisted living facilities, home health care providers, adult day care providers, and other similar service providers.

  • Company Benefit Plan has the meaning specified in Section 4.13(a).

  • Employee Plans has the meaning set forth in Section 3.14(b).