Effective – 28 Aug 2007 375.012. Definitions. — 1. Sections 375.012 to 375.146 may be cited as the “Insurance Producers Act”. 2. As used in sections 375.012 to 375.158, the following words mean: (1) “Business entity”, a corporation, association, partnership, limited liability company, limited liability partnership or other legal entity; (2) “Director”, the director of […]
Effective – 28 Aug 1995 375.013. Promulgation of rules, generally, this chapter. — The director may promulgate rules pursuant to the provisions of this section and chapter 536 to implement the requirements of this chapter. No rule or portion of a rule promulgated under the authority of this chapter shall become effective unless it has […]
Effective – 01 Jan 2003 375.014. Insurance producers, license required — insurance producer license not required, when. — 1. No person shall sell, solicit or negotiate insurance in this state for any class or classes of insurance unless he or she is licensed for that line of authority as provided in this chapter. 2. Nothing […]
Effective – 01 Jan 2003 375.015. Application for licensure, insurance producers. — 1. An individual applying for a resident insurance producer license shall make application to the director on the uniform application and declare under penalty of refusal, suspension or revocation of the license that the statements made in the application are true, correct and […]
Effective – 01 Jan 2003 375.016. Examination required for insurance producer’s license. — 1. A resident individual applying for an insurance producer license shall pass a written examination unless exempt pursuant to subsection 5, 6 or 7 of this section. The examination shall test the knowledge of the individual concerning the lines of authority for […]
Effective – 01 Jan 2003 375.017. Nonresident producer’s license. — 1. Unless denied licensure pursuant to section 375.141, a nonresident person shall receive a nonresident producer license if: (1) The person is currently licensed as a resident and in good standing in his or her home state; (2) The person has submitted the proper request […]
Effective – 28 Aug 2021, 2 histories 375.018. Issuance of producer’s license, duration — lines of authority — biennial renewal fee for agents, due when — reinstatement of license, when — failure to comply, effect — rulemaking authority. — 1. Unless denied licensure pursuant to section 375.141, persons who have met the requirements of sections […]
Effective – 01 Jan 2003 375.019. Advisory board on licensing and examination of insurance producers — qualifications — terms — meetings — duties. — To assist the director to carry out the provisions of section 375.016, there shall be an “Advisory Board on Licensing and Examination of Insurance Producers” consisting of nine insurance producers duly […]
Effective – 28 Aug 2014, 3 histories 375.020. Continuing education for producers, required, exceptions — procedures — director to promulgate rules and regulations — fees, how determined, deposit of. — 1. Beginning January 1, 2008, each insurance producer, unless exempt pursuant to section 375.016, licensed to sell insurance in this state shall successfully complete courses […]
Effective – 01 Jan 2003 375.022. Registry of insurance producers maintained by insurer — termination of producer, insurer to notify director. — 1. An insurer authorized to transact the business of insurance in this state shall maintain a register of appointed insurance producers who are authorized to sell, solicit or negotiate contracts of insurance on […]
Effective – 28 Aug 2010 375.024. Life insurance producer examinations, review of — collection of data — annual report — rulemaking authority. — 1. The provisions of this section shall only apply to life insurance producer examinations. 2. The director or, at the director’s discretion, a vendor under contract with the department, shall review license […]
Effective – 01 Jan 2003 375.025. Temporary license — to whom issued. — 1. The director may issue a temporary insurance producer license for a period not to exceed ninety days without requiring an examination if the director deems the temporary license is necessary for the servicing of an insurance business in the following circumstances: […]
Effective – 28 Aug 2021 375.029. Continuing education credit, participation in professional insurance association qualifies, when, hours — rulemaking authority. — 1. As used in this section, the following terms mean: (1) “Director”, the director of the department of commerce and insurance; (2) “Insurance producer”, a person required to be licensed under the laws of […]
Effective – 28 Aug 1996, 2 histories 375.030. Continuing education, programs approved for another profession. — Any course or program of instruction approved for use to meet professional continuing education in another Missouri profession, as required by law, that relates to the topic of insurance shall meet the continuing education requirements pursuant to section 375.020. […]
Effective – 01 Jan 2003, 2 histories 375.031. Definitions. — As used in sections 375.031 to 375.039, the following words and terms mean: (1) “Director”, the director of the department of commerce and insurance; (2) “Exclusive insurance producer”, any licensed insurance producer whose contract with an insurer requires the insurance producer to act as an […]
Effective – 01 Jan 2003 375.033. Termination of contract, notice — agent not to do business. — 1. All contracts between an insurer and an independent insurance producer in effect in the state of Missouri on or after September 28, 1979, shall not be terminated or cancelled by the insurer except by mutual agreement or […]
Effective – 01 Jan 2003, 2 histories 375.035. Renewal after termination of producer’s contract. — 1. Any insurer in this state shall, upon termination or cancellation of an independent insurance producer’s contract, permit the renewal of all contracts of insurance written by the independent insurance producer for a period of one year from the date […]
Effective – 01 Jan 2003 375.037. Director’s investigation — appeal. — 1. The director of the department of commerce and insurance, on the written complaint of any person, or when the director deems it necessary without a complaint, shall determine whether there has been a violation of sections 375.031 to 375.037. After such determination, the […]
Effective – 01 Jan 2003 375.039. Commercial risks, certain class, cancellation, written notice to agent required, when. — 1. No insurer may cancel, terminate or otherwise withdraw coverage for a certain class of commercial risk, unless written notice of such cancellation, termination, or withdrawal is given to the insurer’s independent insurance producer authorized to sell […]
Effective – 28 Aug 1992, 2 histories 375.041. Annual statement convention blank to be filed with NAIC, exception — dissemination of data not to create civil liability — failure to file, effect. — 1. The provisions of this section shall apply to all domestic, foreign and alien insurers who are authorized to transact business in […]
