31.05.07.02

.02 Scope.

A. This chapter applies to:

(1) Each domestic life and accident and health insurer, including nonprofit health service plans;

(2) Any other licensed life and accident and health insurer, including a nonprofit health services plan, that is not subject to a substantially similar regulation in its domiciliary state; and

(3) Each licensed property and casualty insurer with respect to its accident and health business.

B. This chapter does not apply to:

(1) Assumption reinsurance;

(2) Yearly renewable term reinsurance; or

(3) Certain nonproportional reinsurance, such as stop loss or catastrophe reinsurance.