§ 23-66-401. Title
This subchapter may be cited as the “Home Service Act”.
§ 23-66-402. Definitions
As used in this subchapter: (1) A “blind” is the collection of a premium from a policy owner or premium payor who is intentionally not made aware of the correct paid-to status of the policy for which the premium is to be applied because a premium intentionally was not properly recorded pursuant to § 23-66-405(1); […]
§ 23-66-403. Rules
The Insurance Commissioner shall have such authority as he or she deems reasonably necessary to regulate the home service system of distribution, and, to that end, to promulgate, adopt, and enforce reasonable rules necessary and proper to regulate the home service system of distribution.
§ 23-66-404. Required practices
Each insurer engaged in the home service system of distribution of policies in this state shall: (1) (A) Establish written procedures to audit agencies engaged in the home service system of distribution of policies in this state; (B) File the audit procedures in effect each year with the annual statement or provide a certification with […]
§ 23-66-405. Premiums
For every premium collected on a policy of property, casualty, life, or accident and health insurance in this state, the agent collecting or receiving such a premium shall: (1) Furnish the payor with written evidence of payment at the time the premium is collected, which shall include the amount paid, the date paid, the date-paid-to […]
§ 23-66-406. Deceptive practices
The following activities, if committed intentionally, shall be deceptive acts under the Trade Practices Act, § 23-66-201 et seq., for companies or agents engaged in the home service system of distribution: (1) The commission of a blind as defined by § 23-66-402; (2) The collection of a premium which is not due from a premium […]
§ 23-66-407. Private cause of action
No violation of this subchapter shall be deemed to give rise to a private cause of action.
§ 23-66-408. Violations
(a) The Insurance Commissioner shall conduct all hearings held pursuant to allegations of violations of this subchapter pursuant to §§ 23-61-303 — 23-61-307. (b) The commissioner may suspend for up to twelve (12) months, or may revoke or refuse to continue, any license issued by him or her which is the subject of an administrative […]