(1) (a) Each authorized insurer shall annually, on or before March 1, file with the commissioner and the NAIC a true statement of the authorized insurer's financial condition, transactions, and affairs as of December 31 of the preceding year. (b) The statement required by Subsection (1)(a) shall be: (i) verified by the oaths of at least two of the insurer's principal officers; and (ii) in the general form and provide the information as prescribed by the commissioner by rule. (2) (a) Each authorized insurer shall file with the commissioner and the NAIC a true statement of the insurer's financial condition, transactions, and affairs within 45 days after the close of the first, second, and third quarters of a calendar year. (b) A statement required by this Subsection (2) shall be: (i) verified by the oath of at least two of the insurer's principal officers; and (ii) in the general form and provide the information the commissioner requires by rule. (3) The annual statement of an alien insurer shall: (a) relate only to the alien insurer's transactions and affairs in the United States unless the commissioner requires otherwise; and (b) be verified by: (i) the insurer's United States manager; or (ii) the insurer's authorized officers. (4) The commissioner may, for good cause shown, extend the date for filing a statement required by this section.
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