Mo. Rev. Stat. § 384.025: Ineligibility of nonadmitted insurer, grounds, when — notice to licensees.
Where this section sits in the code
- Title XXIV - BUSINESS AND FINANCIAL INSTITUTIONS
- Chapter 384 - Surplus Lines Insurance
1. If at any time the director has reason to believe that an eligible surplus lines insurer:
(1) Is in unsound financial condition;
(2) Is no longer eligible under section 384.021;
(3) Has willfully violated the laws of this state; or
(4) Does not make reasonably prompt payment of just losses and claims in this state or elsewhere; the director may declare it ineligible.
2. The director shall promptly publish notice of all such declarations in any public electronic format.
Collected 2026-09-03T22:23:27Z. Source file · JSON