§ 23-86-107 - Group accident and health insurance -- Requires authorized insurer.
23-86-107. Group accident and health insurance -- Requires authorized insurer.
(a) All group accident and health insurance placed by an employer on employees who are residents of this state shall be placed by the employer with an insurer authorized to transact insurance in this state.
(b) This section shall not apply to group insurance lawfully placed in an insurer transacting insurance as a surplus line insurer under 23-65-101 et seq., 23-65-201 et seq., and 23-65-301 et seq.