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The TDCI is organized into the following divisions: [1] Consumer Insurance Services: Responsible for educating consumers about insurance and resolving insurance-related conflicts. Insurance: Responsible for enforcing the state's insurance laws. Regulatory Boards: Responsible for regulating and licensing many different businesses and professions.
The IIABA has spent more than $1 million in 2010 in lobbying efforts on federal crop insurance, insurance licensing reform, and other insurance issues. [2]The IIABA supported the National Association of Registered Agents and Brokers Reform Act of 2013 (H.R. 1155; 113th Congress), a bill which would reduce the regulatory costs of complying with multiple states' requirements for insurance ...
Independent insurance agents typically represent a number of insurance companies, or "carriers", and sell the products that most appropriately meet the needs of their clients. Independent agents typically are very well trained and knowledgeable of the complexities of the insurance market and insurance law. [1]
Either you surrender your license (which garners an additional $75 fee), or you purchase a car insurance policy and have that company file an SR-22 form. This form is generated by an insurance ...
This summary is based largely on the summary provided by the Congressional Research Service, a public domain source. [5]The National Association of Registered Agents and Brokers Reform Act of 2013 would amend the Gramm-Leach-Bliley Act to repeal the contingent conditions under which the National Association of Registered Agents and Brokers (NARAB) shall not be established.
In insurance, a managing general agent is defined legally as "an individual or business entity appointed by an underwriting insurer to solicit applications from agents for insurance contracts or to negotiate insurance contracts on behalf of an insurer and, if authorized to do so by an insurer, to effectuate and countersign insurance contracts".
[1] Burton was a regional manager for the Western & Southern Life Insurance Company, based in Cincinnati, Ohio, when it decided to discontinue operating in Tennessee. Burton was going to be discharged, but according to company lore, was told by his superior, "If you're the man that I think that you are, you'll start your own company," and he ...
1. An insurance company, as defined in section 26.1-02-01, health maintenance organization, or any other entity providing a plan of health insurance subject to state insurance regulation may not deliver, issue, execute or renew a health insurance policy or health service contract unless confidentiality of medical information is assured pursuant ...
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