Chapter 701a. Insurance Producers, Agents and Third-Party Administrators
Section
38a-702(Formerly Sec. 38-69). Definitions.38a-702aDefinitions.38a-702bProducer license required.38a-702cExceptions to licensing requirement.38a-702dExaminations. Fees.38a-702eApplication for license. Examination. Waiver of examination requirement. Exception for limited lines producers.38a-702fProducer licenses. Reinstatement. Waivers. Notice to commissioner re change in information. Commissioner authorized to contract for performance of ministerial functions re licensing.38a-702gNonresident licenses.38a-702hExemption from examination. Requirements for producers in other states who become residents of Connecticut. Waiver of examination for certain chartered underwriters.38a-702iNotice to commissioner re use of assumed name.38a-702jTemporary producer licenses.38a-702kDenial, nonrenewal or revocation of producer licenses. Hearings. Penalties.38a-702lProducer commissions.38a-702mAgent appointments. Fees.38a-702nReciprocity.38a-702oProducer to report administrative actions and criminal prosecutions to commissioner.38a-702pRegulations.38a-702qApplicability of provisions.38a-702rConstruction. Provisions not applicable to bail bond or title insurance.38a-702sAdditional grounds for denial of producer licenses.38a-702tBanking Commissioner to provide list of certain registrants and registration denials, suspensions and revocations. Consideration of denial, suspension or revocation for producer license application and current producer licensure. Denial, nonrenewal, suspension or revocation of producer licenses.38a-703(Formerly Sec. 38-70). Soliciting business for unlicensed insurance or surety company prohibited.38a-704(Formerly Sec. 38-71). Penalty for acting as insurance producer without license.38a-705(Formerly Sec. 38-73). Exemption of fraternal benefit societies.38a-706(Formerly Sec. 38-75). Sharing commission.38a-707(Formerly Sec. 38-75a). Producer service fees and commissions limited. Exemption for registration under the federal Investment Advisers Act. Disclosures.38a-707aProducer compensation. Disclosure and customer acknowledgment.38a-707bDisclosure of producer fees and compensation upon request of municipality or board of education.38a-708(Formerly Sec. 38-76a). Company to furnish facts relative to termination of agent's appointment. False statement sole grounds for cause of action by agent.38a-709(Formerly Sec. 38-76b). Termination of producer's appointment and contract.38a-710(Formerly Sec. 38-76d). Insurers prohibited from cancelling or amending contract of independent producer solely because of adverse underwriting experience.38a-711(Formerly Sec. 38-92). Payment of commissions to unlicensed persons.38a-712(Formerly Sec. 38-92a). Report of failure of producer to remit premiums and of checks returned for insufficient funds or otherwise dishonored. Suspension of producer license.38a-713(Formerly Sec. 38-89). Signing or countersigning insurance policies in blank. Penalties.38a-714(Formerly Sec. 38-90). Personal liability of person acting on behalf of insurance company not licensed to do business in this state.38a-715(Formerly Sec. 38-90a). Payment by insured to producer as payment to company.38a-716(Formerly Sec. 38-90b). Premium advancing by producer. Cancellation of policy.38a-717(Formerly Sec. 38-91). Payment of commissions to producers.38a-718(Formerly Sec. 38-76c). Restrictions on negotiation of insurance incidental to extension of credit.38a-71938a-71938a-720Definitions.38a-720aLicense. Exemptions. Written agreement required.38a-720bPayments of premiums or charges to a third-party administrator.38a-720cMaintenance of and access to books and records. Examination, audit and inspection. Confidentiality of information.38a-720dAdvertising.38a-720eResponsibilities of insurer or other person utilizing a third-party administrator.38a-720fCollection of premiums or charges. Payment of claims.38a-720gCompensation prohibitions.38a-720hDisclosures.38a-720iDelivery of written communications to insureds.38a-720jSurety bond required. Audited annual financial statements in lieu of bond. Application. License renewal.38a-720kRegistration of certain persons not required to be licensed as third-party administrator.38a-720lLicense renewal filing.38a-720mSuspension or revocation of license.38a-720nRegulations.38a-721 and 38a-72238a-721 and 38a-722