Section 27-8A-1 Continuing education requirements for insurance producers or service representatives. (a) Any individual licensed in this state as an insurance producer or service representative for the lines of insurance listed in subsection (b), and not exempt under subsection (c), shall satisfactorily complete a minimum of 24 classroom hours of courses, programs of instruction, or […]
Section 27-8A-10 Insurance Agents and Brokers Continuing Education Fund – Creation; disbursements; carry over of unexpended balances. Repealed by Act 2001-702, p. 1509, §16, effective January 1, 2002. (Acts 1996, No. 96-343, p. 423, §10.)
Section 27-8A-11 Application of fees paid by course providers prior to April 23, 1996; credit for courses completed within one year prior to April 23, 1996. (a) Any fees paid by a course provider prior to April 23, 1996, for qualification to become a course provider shall be applied as credits against future fees due […]
Section 27-8A-12 Compliance forms not required for at least three months from April 23, 1996. Repealed by Act 2001-702, p. 1509, §16, effective January 1, 2002. (Acts 1996, No. 96-343, p. 423, §12.)
Section 27-8A-13 Background investigations for license applicants. The commissioner may conduct background investigations, to include criminal history inquiries, for all applicants for license as an insurance producer prior to the issuance of the license. (Acts 1996, No. 96-343, p. 423, §13; Act 2001-702, p. 1509, §14.)
Section 27-8A-2 Failure to comply. Any person failing to meet the requirements imposed by this chapter or who has submitted to the commissioner a false or fraudulent certificate of compliance, after a hearing thereon which hearing may be waived by the person, may be subject to the suspension of all licenses issued for any kind […]
Section 27-8A-3 Qualification of courses and programs. The courses or programs subject to this chapter shall include any course, seminar, industry recognized certification program, and out-of-state reciprocal program, program of classroom instruction, or independent self-study course authorized, developed, or sanctioned by an authorized insurer or recognized statewide association of insurance producers and shall, subject to […]
Section 27-8A-4 Advisory committee generally. The commissioner shall appoint an advisory committee to advise him or her on continuing education and other insurance matters to consist of the following members: One representative of a statewide association of life and health insurance producers, one representative of a statewide association of property and casualty insurance producers, one […]
Section 27-8A-5 Qualification for teaching approved course or seminar. A person teaching any approved course of instruction or lecturing at any approved seminar shall qualify for the same number of classroom hours as would be granted to a person taking and successfully completing such course, seminar, or program. (Acts 1996, No. 96-343, p. 423, §5.)
Section 27-8A-6 Compliance with requirements. Neither an employer of a producer or service representative nor any insurer appointing a producer or service representative shall be responsible or liable in any way for the failure of any producer or service representative to meet the requirements of this chapter or to maintain the necessary records. No employer […]
Section 27-8A-7 Written certification as to successfully completed courses, programs, or seminars. Every person subject to this chapter, or the employer of the person, and every authorized provider of continuing education courses and programs shall furnish upon request, in a form satisfactory to the commissioner, written certification as to the courses, programs, or seminars of […]
Section 27-8A-8 Filing of false statement; revocation of license. Any person who files a false statement under this chapter, with knowledge of the falsity of the statement, is guilty of deceit. The commissioner may, after notice and hearing, revoke any license issued by the commissioner to a person found guilty of deceit under this section. […]
Section 27-8A-9 Collection of fees; deposit in State Treasury. (a) The commissioner shall collect the following fees in the administration and enforcement of this chapter: (1) License renewal fees paid in connection with the biennial application for license renewal by producers and service representatives……….. $70. (2) Late filing fee, to be paid by each producer […]
