33-16-1033. Advisory organization — permitted activity
33-16-1033. Advisory organization — permitted activity. An advisory organization may: (1) develop statistical plans, including class definitions; (2) collect statistical data from members, subscribers, or any other source; (3) prepare and distribute pure premium rate data, adjusted for loss development and loss trending, in accordance with its statistical plan. The data and adjustments must be in sufficient detail to […]
33-16-1034. Advisory organization — prohibited activity
33-16-1034. Advisory organization — prohibited activity. In addition to other prohibitions in this part, except as specifically permitted under 33-16-1033, an advisory organization may not compile or distribute recommendations relating to rates that include expenses, other than loss adjustment expenses, or profit. History: En. Sec. 16, Ch. 186, L. 1995.
33-16-1035. Penalties — suspension of license
33-16-1035. Penalties — suspension of license. (1) The commissioner may impose upon a person or organization that violates 33-16-1020 through 33-16-1023 or 33-16-1025 through 33-16-1036 a penalty of not more than $500 for each violation. (2) If the commissioner determines that the violation is willful, the commissioner may impose a penalty of not more than $1,000 for […]
33-16-1036. Appeals from commissioner
33-16-1036. Appeals from commissioner. (1) An order, decision, or act of the commissioner under this part may be appealed to district court upon petition of a person aggrieved. (2) A petition for review must be filed within 60 days from notice of the order, decision, or act. The commencement of the proceeding does not affect enforcement or […]
33-17-101. Scope of chapter
33-17-101. Scope of chapter. (1) The purpose of this chapter is to govern the qualifications and procedures for licensing insurance producers. (2) Except as provided in subsection (3), this chapter applies to all stock, mutual, and reciprocal insurers and to all kinds of insurance and annuities. (3) Except as provided in 33-17-401 and 33-17-408(2), this chapter does not […]
33-17-102. Definitions
33-17-102. Definitions. As used in this chapter, the following definitions apply: (1) (a) ”Adjuster” means a person who, on behalf of the insurer, for compensation as an independent contractor or as the employee of an independent contractor or for a fee or commission investigates and negotiates the settlement of claims arising under insurance contracts or otherwise acts on […]
33-17-103. Exemptions from definition of insurance producer
33-17-103. Exemptions from definition of insurance producer. The definition of insurance producer does not include: (1) an individual who is a regularly salaried officer or employee of an insurer and who is engaged in the performance of usual and customary executive, administrative, or clerical duties and whose duties do not include the negotiation, sale, or solicitation of […]
33-17-201. License required of insurance producer — forms — background examinations
33-17-201. License required of insurance producer — forms — background examinations. (1) A person may not sell, solicit, or negotiate insurance or act as an insurance producer in this state unless licensed as an insurance producer under this chapter. (2) The commissioner may prescribe by rule and make available the forms required in connection with application for, […]
33-17-202. Repealed
33-17-202. Repealed. Sec. 68, Ch. 713, L. 1989. History: En. Sec. 152, Ch. 286, L. 1959; amd. Sec. 7, Ch. 44, L. 1969; amd. Sec. 5, Ch. 423, L. 1971; R.C.M. 1947, 40-3308; amd. Sec. 3, Ch. 409, L. 1987; amd. Sec. 13, Ch. 285, L. 1989; amd. Sec. 6, Ch. 509, L. 1989.
33-17-203. Repealed
33-17-203. Repealed. Sec. 19, Ch. 409, L. 1987. History: En. Sec. 153, Ch. 286, L. 1959; amd. Sec. 8, Ch. 44, L. 1969; R.C.M. 1947, 40-3309; amd. Sec. 19, Ch. 198, L. 1979; amd. Sec. 1, Ch. 400, L. 1983.