§ 10-2-415.5. Appointment of Insurance Producer – Continuation – Renewal – Exceptions
No insurance producer shall claim to be a representative or authorized or appointed agent of, or use any other term implying a contractual relationship with, a particular bail insurance company or accept applications on behalf of the bail insurance company unless the insurance producer becomes through a written contract a producer appointee, appointed by that […]
§ 10-2-415.7. Termination of Insurance Producer Bail Bonding Agent – Notice – Penalty
Upon the termination of the appointment of an insurance producer bail bonding agent, the insurer shall, within fifteen days, notify the commissioner and the appointee of such termination by certified mail. If the termination of an agent’s appointment is for any of the causes listed in section 10-1-128 or 10-2-801, the insurer shall notify the […]
§ 10-2-416. Notification to the Commissioner of Termination
Termination for cause. An insurer or authorized representative of the insurer that terminates employment, a contract, or other insurance business relationship with a producer shall notify the commissioner within thirty days following the effective date of the termination, using a format prescribed by the commissioner, if the reason for termination is one of the reasons […]
§ 10-2-416.5. Required Availability to Commissioner of List of Producer Appointees for Enforcement Purposes
Each insurer shall maintain a current list of producers contractually authorized to accept applications on behalf of the insurer. Each insurer shall make such list available to the commissioner upon reasonable request for purposes of conducting investigations and enforcing the provisions of this title. Source: L. 99: Entire section added, p. 663, § 3, effective […]
§ 10-2-417. Public Insurance Adjusters – License Required – Financial Responsibility – Standards of Conduct – Rules
A person shall not act or hold himself or herself out as a public adjuster in this state unless the person is licensed as a public adjuster in accordance with this article. No person who, on or before January 1, 2014, holds a license as a public adjuster previously issued under the laws of this […]
§ 10-2-418. Bail Bonding Authority
The division shall advise state court administrators that a person may furnish a bail bond if the person is a licensed insurance producer with a power of attorney from an insurance company, appears on the division’s website as an active insurance producer with casualty authority, and is appointed by that insurance company. The division shall […]
§ 10-2-414. Additional Lines of Authority – Application for License
An insurance producer licensee requesting licensure for any additional line or lines of authority shall comply with the requirements of section 10-2-404. Upon receipt of the application filing, any supporting documents as required by section 10-2-404, and the applicable fee, the commissioner may issue a replacement license to include the additional lines. Source: L. 93: […]
§ 10-2-414.5. Travel Insurance – Limited Lines License – Travel Insurance Producers – Definitions
As used in this section: “Limited lines travel insurance producer” means a licensed insurance producer, including a limited lines producer, who is designated by an insurer as the travel insurance supervising entity. “Offer and disseminate” means to provide general information about travel insurance, including a description of the coverage and price, as well as processing […]
§ 10-2-401. License Required
No person shall act as or hold oneself out to be an insurance producer unless duly licensed as an insurance producer in accordance with this article. Every insurance producer who solicits or negotiates an application for insurance of any kind on behalf of an insurer shall be regarded as representing the insurer and not the […]
§ 10-2-402. License Examination Requirement
Unless exempt pursuant to section 10-2-403, a resident individual applying for an insurance producer license shall pass a written examination. The examination shall reasonably test the individual applicant’s minimum acceptable level of competence as to the particular line or lines of authority for which the individual applicant seeks qualification, unless an individual applicant has been […]