§ 1106. Additional requirements for foreign or alien insurer's\nlicense. (a) Before issuing a license to do business, except by way of a\nrenewal license, to any foreign or alien insurer the superintendent in\naddition to the requirement set forth in subsection (b) hereof:\n (1) shall require it to submit for filing a certified copy of its\ncharter, and of its by-laws, if any, currently in force, and such other\ndocuments necessary to show the kinds of business which it is empowered\nto do, and a full statement, subscribed and affirmed as true under the\npenalties of perjury by two officers or responsible representatives in\nsuch manner as the superintendent shall prescribe, showing its assets,\nliabilities and financial condition; and\n (2) may require a full statement of its income, disbursements,\nbusiness done, and other facts required to be shown in its annual\nstatement; and\n (3) may either make an examination of the insurer's affairs at its\nprincipal office within the United States, or accept a report of an\nexamination made by the insurance department or other insurance\nsupervisory official of any other state or of any government outside the\nUnited States.\n (b) (1) Before issuing any new or renewal license to any foreign or\nalien insurer, the superintendent may require satisfactory proof, either\nin the insurer's charter or by an agreement evidenced by a duly\ncertified resolution of its board of directors, or otherwise as the\nsuperintendent may require, that such insurer will not engage in any\ninsurance business in contravention of the provisions of this section or\nnot authorized by its charter.\n (2) The superintendent shall issue a renewal license to any foreign or\nalien insurer if satisfied, by such proof as he may require, that such\nan insurer is not delinquent with respect to any requirement imposed by\nthis chapter and that its continuance in business in this state will not\nbe hazardous or prejudicial to the best interests of the people of this\nstate.\n (c) No foreign insurer shall be licensed to do in this state any kind\nof insurance business, or combination of kinds of insurance business,\nwhich are not permitted to be done by domestic insurers hereafter to be\nlicensed under the provisions of this chapter. No foreign insurer shall\nbe authorized to do business in this state if it does in this state or\nelsewhere any kind of business, other than an insurance business and\nsuch business as is necessarily or properly incidental to the kind or\nkinds of insurance business which it is licensed to do in this state.\n (d) No alien insurer shall be licensed to do in this state any kind of\ninsurance business, or any combination of kinds of insurance business,\nwhich are not permitted to be done by domestic insurers hereafter to be\nlicensed under the provisions of this chapter. No alien insurer shall be\nauthorized to do an insurance business in this state if it does anywhere\nwithin the United States any kind of business other than an insurance\nbusiness and such business as is necessarily or properly incidental to\nthe kind or kinds of insurance business which it is authorized to do in\nthis state.\n (e) Except as otherwise specifically provided in this chapter no\nforeign insurer and no United States branch of an alien insurer shall be\nor continue to be authorized to do an insurance business in this state\nif it fails to comply substantially with any requirement or limitation\nof this chapter, applicable to similar domestic insurers hereafter to be\norganized, which in the judgment of the superintendent is reasonably\nnecessary to protect the interests of the people of this state.\n (f) No foreign insurer and no United States branch of an alien insurer\nwhich does outside of this state any kind or combination of kinds of\ninsurance business not permitted to be done in this state by similar\ndomestic insurers hereafter organized, shall be or continue to be\nauthorized to do an insurance busi
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